For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,407,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,325 sqft
Price per Sqft $325
MLS Listing ID 73350103
Bedrooms 16
Full Baths 12
Year Built 1900
Annual Tax Amount $10,493
Tax Year 2024
Lot Size 6,969 Sqft
Property Sub-Type 5-9 Family
Property Description
Incredible Investment Opportunity: Best Priced 12 Units in Fall River! Don't miss out on this amazing opportunity to own the best-priced 12-unit property in Fall River! Located just minutes from the newly opened train station, this property offers tremendous earning potential in a rapidly developing area. Currently generating $14,000 per month in rental income with some rents significantly under market value, there's great opportunity to increase cash flow. The 12 well-maintained units are poised for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, providing extra income potential. With a prime location near commuter rail access and significant upside potential, this property is perfect for any investor looking for long-term growth. Don't wait—schedule a showing today!
Location
State MA
County Bristol
Zoning 12 Units
Interior
Flooring Wood
Exterior
Exterior Feature Rain Gutters, Other
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
Utilities Available for Gas Range
Roof Type Other
Building
Lot Description Corner Lot, Other
Story 5
Foundation Concrete Perimeter, Block, Other
Sewer Public Sewer
Water Public
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jason Francis • NextGen Realty, Inc.