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Fall River,MA 02721
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 $184
MLS Listing ID 73350104
Bedrooms 8
Full Baths 6
Year Built 1900
Annual Tax Amount $5,634
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5-9 Family
Property Description
Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don't miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there's significant opportunity to increase cash flow. The 6 well-maintained units are ideal 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, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don't miss out—schedule a showing today! Buy as a package deal with MLS# 73350103
Location
State MA
County Bristol
Zoning 6 Family
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
Garage No
Building
Lot Description Corner Lot,Other
Story 9
Foundation Block,Other
Sewer Public Sewer
Water Public
Others
Senior Community false