Alexander B Bruce, MA homes for sale & real estate

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7 Forest St, Lawrence, MA 01841

ABOUT THIS HOME
Alexander B Bruce, MA Homes for Sale
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%.

$875,000

5 beds6 baths3,100 sq ft

7 Forest St, Lawrence, MA 01841

6,725 sq ft lot • Very walkable

131 May St, Lawrence, MA 01841

ABOUT THIS HOME
Alexander B Bruce, MA Homes for Sale
Welcome to this showcase of pride in ownership multi-family home, built in 2004, boasting three levels of fully finished living space. The large open-concept design creates a spacious and inviting atmosphere in each unit. This property features two main units, each offering 3 bedrooms. The finished basement, features 900 sq ft, includes a 2-bedroom unit, providing additional rental income or living space. Energy efficiency is a highlight with solar panels that cover energy needs for two levels, reducing costs and have a low lease agreement. Each unit is equipped with central air conditioning and heating, with condenser units less than 5 years old, ensuring comfort year-round. The home is su

$869,900

8 beds3 baths3,220 sq ft

131 May St, Lawrence, MA 01841

6,098 sq ft lot • Very walkable

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