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5-7 Forest Ave, Plymouth MA 02360

$1,675,000

Estimated $3,594/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $279,166.67

Total Rent: 122424/year

Estimated CAP Rate:

12 Bedrooms

Baths

5207

Total Parking: 10

11,761 (0.27)

Marcus & Millichap is pleased to present 5-7 Forest Avenue, a six-unit multifamily property in Plymouth, Massachusetts, offered at $1,675,000. The three-story building sits on a 0.27-acre lot near Plymouth Center and consists entirely of two-bedroom, one-bath apartments of roughly 900 square feet each, with on-site laundry, 10 off-street parking spots, and a rear yard with patio.The property is priced at an 8.01% cap rate on current income, or $279,167 per unit. In-place rents average $2,550, about 5% below the $2,695 market rent, giving a buyer roughly $10,400 in annual upside as units turn over and an 8.58% cap rate at market. With 25% down at current rates, the asset produces positive leverage from day one, with a 9.28% cash-on-cash return and a 1.41 debt coverage ratio.The surrounding area supports steady rental demand. Nearly half of households within one mile rent, and the five-mile median household income is $115,913. The local employment base is anchored by healthcare and public employers, including Beth Israel Deaconess Hospital–Plymouth and Mass General Brigham.

This home has been viewed 6 times

Last Checked: November 4th, 2026 at 8:08am (Source: MLS PIN #73598062)

Gross Income: $122,424

Gross Expenses: $36,988

Net Income Calc: $85,436

Annual Expenses for 5-7 Forest Ave, Plymouth MA 02360

Total Gross Expenses (Calculated)$36,988/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10539

Annual Income & Unit Breakdown for 5-7 Forest Ave, Plymouth MA 02360

Total Gross Income (Calculated)$122,424

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 5-7 Forest Ave, Plymouth MA 02360

Listing ID73598062

Property TypeMulti Family

Price1675000 ($321.68/SqFt)

Style5+ Family - 5+ Units Up/down

CityPlymouth

CountyPlymouth

Neighborhood(s)

Approximate Living Area Total5207

Approximate Lot Size (Acres)0.27

Total Parking10

Garage Parking0

Year Built1900

Year Built SourceOwner

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningTC

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 5-7 Forest Ave, Plymouth MA 02360

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsWall Mounted Tv's-Brackets To Remain

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 5-7 Forest Ave, Plymouth MA 02360

Real Estate Taxes10539

Tax Year2025

Assessed Value$83,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 5-7 Forest Ave, Plymouth MA 02360

Neighborhood(s)

Area Amenities

Contact Information for 5-7 Forest Ave, Plymouth MA 02360

Agent

Name: Matthew Balitskiy

Office

Name: Marcus & Millichap Real Estate Investment Services

Phone: 617-896-7200

Team Members

Name: Matthew Balitskiy

Payment Calculator

, Interest

Property Taxes 878.25

Principal & Interest 10320.82

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Marcus & Millichap Real Estate Investment Services

Matthew Balitskiy

Agent Phone

Office Phone

(617) 896-7200

Text Agent Call Agent Call Office

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    [unparsed] => 5-7 Forest Ave, Plymouth MA 02360
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EXIT

Active

5-7 Forest Ave, Plymouth MA 02360

$1,675,000

Annual Expenses for 5-7 Forest Ave, Plymouth MA 02360

Annual Income & Unit Breakdown for 5-7 Forest Ave, Plymouth MA 02360

General Information for 5-7 Forest Ave, Plymouth MA 02360

Disclosures for 5-7 Forest Ave, Plymouth MA 02360

Financial Information for 5-7 Forest Ave, Plymouth MA 02360

Location Information for 5-7 Forest Ave, Plymouth MA 02360

Contact Information for 5-7 Forest Ave, Plymouth MA 02360

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Marcus & Millichap Real Estate Investment Services

Matthew Balitskiy