301-317 Fourth Street new

Fall River,MA 02721

$ 1500000

16 Beds

12 Baths

4325 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,325 sqft

Price per Sqft $346

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

Acres 0.16

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

Direction GPS

Rooms

Basement Full

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

Total Parking Spaces 8

Garage No

Building

Lot Description Corner Lot,Other

Story 9

Foundation Concrete Perimeter,Block,Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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