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7 Forest St, Lawrence, MA

Lawrence Multi-Family    (login for more details)

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Unit Information

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%.

Additional Details
Status: NEW
Type: Multi-Family, 5-9 Family
Zip Code: 01841
Living Levels: 9
Parking
Parking Spaces: 1
Rooms and Dimensions
Total Units: 6
Total Floors: 9
Total Rooms: 17
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$875,000

  • Status: New
  • Listing ID: 73315326
  • Bedrooms: 5
  • Full Baths: 6
  • Living Area: 3,100 sqft Convert
  • Lot Size: 6,725 sqft Convert
  • Acres: 0.15

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2024 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Spencer Norton of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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