Off Market
7 Forest St, Lawrence, MA
Lawrence · MA 01841
- $825,000
- Price
- 5
- Beds
- 6
- Baths
- 3100
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1865
Units:
6 Units
Lot size:
6,725 Sq.Ft Lot
Price per square foot:
$266 / Sq.Ft
Parking:
1 Off Street Space
About this home
Current cap rate of 8.52%. 7 Forest St contains a total of six (6) residential units comprised of three (3), 1-Bedroom/1-Bathroom units, two (2), 1+ Bedroom/1-Bathroom units, and one (1) Studio unit with 3,100 square feet of living area in 5,458 gross square feet on a 0.15-acre parcel of land. The property features separately metered heat, hot water, and electricity for 5 of the units. The units have below-market residential rents, the opportunity exists to increase the rents to market rates in an urban-infill, high demand, supply-constrained residential market increasing the income of the Property.
Neighborhood & Transit
7 Forest St, Lawrence · MA 01841
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 710 days
- Listing Price:
- $825,000
- Price per Sq.Ft:
- $266
- Tax Assessment:
- $589,600 in 2024
- Taxes:
- $455 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 3,100 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3100
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 6,725 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 1 Parking Space
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Spencer Norton
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73315326
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