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7 Forest St, 
Lawrence, MA 01841

$795,000

5

Beds

6

Baths

3,100

Sq Ft

Multi-Family

Active

Listed by

Spencer Norton

Horvath & Tremblay

781-776-4000

Last updated:

April 16, 2025, 10:32 AM

MLS#

73315326

Source:

MLSPIN

About This Home

7 Forest St

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.

Home Facts

Multi-Family

6 Baths

5 Bedrooms

Built in 1865

Price Summary

795,000

$256 per Sq. Ft.

MLS #:

73315326

Last Updated:

April 16, 2025, 10:32 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

3,100 Sq. Ft.

Structure

Structure

Building Area:

3,100 Sq. Ft.

Year Built:

1865

Lot

Lot Size (Sq. Ft):

6,725

Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$256 per Sq. Ft.

Source:MLSPIN
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 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 or leasing 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 or leasing. 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.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.