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186 John St

Fall River, MA 02721
$1,200,000
15 Beds
8 Baths
8,298 Living Area
  • Property Description
    Prime Investment Opportunity Income-Producing Property in Rapidly Growing City. This is a seasoned investors dream.Turnkey asset ideal for investors, REITs, or 1031 exchange.Add this beauty to your portfolio, it most certainly will not disappoint!Strategic location near transit, downtown, and areas greatest landmarks. This building is immaculate!Property offers curb appeal, parking and boasts modern and tastefully remodeled units.Recently painted dormers.Newer sprinkler system and roof.Blow-in in attic insulation(2020) Newer water heaters, windows. Clean and bright laundry room with 2 coin op washers and 2 coin op dryers making this building attractive to the everyday tenant looking for convenience.Two Additional units in lower level adding to rental income. High occupancy rates with established tenants some long term tenants and all tenants are current. Buildings annual gross is a little over 140k with potential to be increased. Full financials, rent roll and showings available.
  • Highlights
    • Levels: 5
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1900
    • Parking Spots: 4
    • Property Type: 5-9 Family
    • Total Rooms: 24
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Flooring: Wood, Plywood, Vinyl, Carpet, Varies, Hardwood
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Total Number of Units: 6
    • Year Built Source: Public Records
    • Basement: Full, Finished, Walk-Out Access
    • Exterior Features: Rain Gutters, Sprinkler System
    • Foundation: Stone
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: A-2
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
    • Parking Features: Off Street, Paved
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $884,000
    • Tax Year: 2025
    • Total Rent: $6,350
    • Rental Fee Includes: Unit 4(Electric)
    • Taxes: $10,122

Location

186 John St, Fall River, MA 02721

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Coldwell Banker Realty - Boston. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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