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$875,000
28 Days On Site
7 Forest StLawrence, MA 01841
For Sale|Multi Family|Active
5
Beds
6
Full Baths
0
Partial Baths
3,100
SqFt
$282
/SqFt
1865
Built
County:
Essex
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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. The property has a current cap rate of 8.00%.
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Listing Snapshot
Price
$875,000
Days On Site
28 Days
Bedrooms
5
Inside Area (SqFt)
3,100 sqft
Total Baths
6
Full Baths
6
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1865
MLS® Number
73315326
Status
Active
Property Tax
$5,454
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
General Features
Acres
0.15
Disclosures
Net Sale Price
Foundation
Other
Number Of Stories
9
Parking Spaces
1
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
3100
Water Source
Public
Zoning
14
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Exterior Features
Lot Features
Other
Listing courtesy of Spencer Norton of Horvath & Tremblay
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Data Last Updated at 2024-10-30 12:00 AM UTC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Data Last Updated at 2024-10-30 12:00 AM UTC
Neighborhood & Commute
Source: Walkscore
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