Sold!
$940,000
9
Beds
9
Baths
4,076
Living Area
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Property Description
Attention investors, great opportunity to own this fully rented 9-unit Multi-Family generating $121,548 in Gross Income with a potential for $137,700 at market rents. All units are 2-room studios with wood floors, full kitchen and full bath. This incredibly well maintained building has newer roof, heat and hot water as well as an updated central fire system for the common areas. Electric is updated and all knob and tube wiring has been removed by a licensed electrician. There are 4 off street parking spaces and Coin Operated Laundry in the basement. Conveniently located near St Ann's Hospital and Kennedy Park and under 2 miles to the new Fall River Commuter Rail Station. Please text or email for an appointment. Group Showing 7/22/24 1 PM
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Highlights
- Heating: Baseboard
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
- Parking Spots: 4
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Wood, Vinyl
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 9
- Year Built Source: Public Records
- Basement: Full
- Exterior Features: Rain Gutters
- Foundation: Stone, Irregular
- Lot Features: Cleared
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: A-2
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $409,600
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat, Electric, Hot Water), Unit 2(Heat, Electric, Hot Water), Unit 3(Heat, Electric, Hot Water), Unit 4(Heat, Electric, Hot Water)
- Taxes: $5,026
- Buyer Agent Compensation: 2.0%
- Facilitator Compensation: 1.0%
- Tax Year: 2023
- Total Rent: $10,129
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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 Keller Williams South Watuppa.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
