$369,900
4
Beds
2
Baths
1,635
Living Area
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Property Description
499 Tecumseh St is officially deemed a two family again with the city of Fall River! In 2008, the previous owners made it a single family home, but only in name. Permit was pulled and completed. A letter is attached to this listing from the Fall River Building Dept certifying it as a two family once more. From 2008 until now, it has still actively been used as a two-family. Both units are separated and currently occupied by tenants. Each unit has 2 beds, 1 bath. The first floor unit has some newer updates like oak wood cabinets and fresh paint. Left half of roof was redone 2 years ago. There are hardwood floors throughout the home. The real value comes from the potential of the third floor. It is currently unoccupied, in need of repairs, but contains 4 rooms that are currently not used for anything. Possibility to make third floor into a 3rd unit, create a master suite for the 2nd floor unit, or create shared storage for units. Back on market due to buyer's financing falling through.
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Highlights
- Property Class: Residential Income
- Total Rooms: 8
- Status: Closed
- Property Type: Multi Family
- Year Built: 1900
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Additional Details
- Fireplaces: 1
- Lot Features: Easements
- Year Built Details: Actual
- Zoning: A-3
- Foundation: Block
- Total Number of Units: 2
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $237,400
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $2,500
- Buyer Agent Compensation: 2.25%
- Facilitator Compensation: 1%
- Taxes: $2,913
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