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7 Forest Street

Lawrence MA 01841

5
6
1
3100 sq. ft.
6725 sq. ft.
Other
Currently for sale - view listing

Overview

Current cap rate of 8.85%. 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.

Features

5 bedrooms
6 bathrooms
1 carspace
3100 sq. ft. floor area
6725 sq. ft. lot size
Other

Happy sellers in Lawrence

~%

We have insufficient information to provide an overview of customer satisfaction for Lawrence. Viewing the agent profiles, reviews and sales for Lawrence can provide insights for this location.

Local market activity for 5 bedroom other properties in Lawrence

In the last 12 months, 1 five-bedroom other similar to 7 Forest Street, have been sold.

This represents a 67% increase in five-bedroom other properties sales when compared to the previous 12 months.

RateMyAgent
Sales:
(619) 566-0008
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