Property Description

Introducing a prime investment opportunity in the rapidly revitalizing city of Fall River! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, Fall River is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown Fall River, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass FHA/VA Loan.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Medical Facility, Public School, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Partially Finished
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Internet Available - Unknown, Pantry, Slider, Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater, Space Heater
  • Common Cooling: Individual, None, None

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 44400
  • Net Operating Income: 44400

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground, Varies per Unit
  • Utility Connections: for Gas Oven, for Gas Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73311453
  • Last Updated: 11/20/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/20/2024Contingent$500,000$178MLSPIN
11/15/2024Active$500,000$178MLSPIN
11/11/2024New$500,000$178MLSPIN

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Seller's Representative: Bradford Thelin, Lamacchia Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2024-11-20 11:22:00

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