$1,450,000
20
Beds
8
Baths
7,686
Living Area
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Property Description
Invest in Fall River! Well-maintained 8-unit property spanning four levels, offering four 3-bedroom units and four 2-bedroom units. Each spacious unit has seen updates, including improvements to common areas, kitchens and baths. All units feature baseboard heating and individually metered electric for added convenience and efficiency. Property includes off-street parking for eight vehicles and is ideally located near highway access, parks, and schools. Seller just installed a new aluminum fire escape. Current NOI exceeds $117K with additional upside potential.
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Highlights
- Heating: Baseboard, Natural Gas
- Parking Spots: 8
- Property Type: 5-9 Family
- Total Rooms: 36
- Status: Active
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator, Range Hood
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter, Slab
- Lot Features: Cleared
- Roof: Rubber
- Total Number of Units: 8
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Tile, Carpet
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Renovated Since
- Zoning: A2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School
- Parking Features: Off Street, Assigned, Paved
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Utilities
- Electric: Circuit Breakers, 60 Amps/Less, Individually Metered, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,061,100
- Tax Year: 2026
- Total Rent: $12,080
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water), Unit 4(Water, Hot Water)
- Taxes: $12,181
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