This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7 Forest St

6 Unit Block of Flats £685,387 (£114,231/Unit) Lawrence, MA 01841

Investment Highlights

  • Superior Location
  • Strong Demographics
  • Value Add Potential

Executive Summary

Horvath & Tremblay is pleased to present the exclusive sale of the multifamily investment property located at 7 Forest Street in Lawrence, Massachusetts (the “Property”). The Property is improved by a three-story building and 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 has one (1) on-site parking space. 7 Forest Street is well positioned on the north-side of Lawrence and is within walking distance of the town green and several area schools. The Property is 0.4-miles from Broadway (MA Route 28), one of the area’s primary commercial and commuter corridors and is walkable to local retail establishments, eateries, grocery stores, and parks and playgrounds. The Property offers convenient access to Boston via Interstates 93 and 495, MA Route 28, and The Lawrence Train Station with service on the MBTA’s Haverhill Line (1.7-miles). Lawrence benefits from a solid transportation infrastructure and proximity to Boston (25 miles from Downtown), the largest city in New England.

Property Facts

Price £685,387
Price Per Unit £114,231
Sale Type Investment
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 3,100 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1865
Parking Ratio 0.32/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LAWR-000188-000000-000020
Land Assessment
£101,046
Improvements Assessment
£360,788
Total Assessment
£461,834
  • Listing ID: 34003124

  • Date on Market: 26/11/2024

  • Last Updated:

  • Address: 7 Forest St, Lawrence, MA 01841

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}