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$1,150,000
21
Beds
7/2
Baths
11,457
Living Area
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Property Description
Check out this solid income-producing 10-unit mixed-use building in Fall River with strong cash flow and serious upside potential. The property includes seven 3-bedroom residential units, all fully occupied. Five of the units have been recently updated, making them attractive to tenants and positioning the property well for future rent growth. Three-bedroom apartments are always in demand, helping maintain stable occupancy. On the first floor, public record shows three commercial units. One is currently leased and operating as a business, while the remaining two commercial units have been combined and are presently used for owner storage, presenting a prime opportunity for repositioning. The property is currently generating approximately $100,000 in annual NOI, with room to conservatively increase rents by an additional $45,000 per year. If you’re looking for a strong, cash-flowing asset with upside in a growing market, this one checks the boxes.
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Highlights
- Has View: Yes
- Parking Spots: 3
- Property Type: 5-9 Family
- Total Rooms: 35
- Status: Closed
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1909
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Additional Details
- Appliances: Washer, Dryer
- Construction: Frame, Brick
- Flooring: Vinyl, Varies, Laminate, Hardwood
- Interior Features: Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Concrete
- Exclusions: Tenants Personal Property.
- Foundation: Granite
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 10
- Year Built Details: Actual
- Zoning: B-l
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Amenities
- Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Sidewalks
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Fuses, Circuit Breakers, Individually Metered, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $767,300
- Taxes: $10,479
- Tax Year: 2026
- Total Rent: $12,350
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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 Amaral & Associates RE.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
