$1,407,000
16
Beds
12/2
Baths
4,325
Living Area
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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!
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 8
- Property Type: 5-9 Family
- Total Rooms: 32
- Status: Closed
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Additional Details
- Basement: Full
- Exterior Features: Rain Gutters, Other
- Foundation: Concrete Perimeter, Block, Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: 12 Units
- Construction: Frame
- Flooring: Wood
- Lot Features: Corner Lot, Other
- Roof: Other
- Total Number of Units: 12
- Year Built Source: Public Records
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Amenities
- 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
- Parking Features: Off Street
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Utilities
- Electric: 110 Volts, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $914,000
- Taxes: $10,493
- Tax Year: 2024
- Total Rent: $14,250
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Listing information provided courtesy of NextGen Realty, Inc..
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