801 N Main St
$1,200,000
12
Beds
9
Baths
6,414
Sqft
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$1,200,000
12
Beds
9
Baths
6,414
Living Area
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Property Description
799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River’s most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collect
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Highlights
- Has View: Yes
- Parking Spots: 1
- Property Type: 5-9 Family
- Total Rooms: 22
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1882
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Additional Details
- Basement: Walk-Out Access, Interior Entry
- Exterior Features: Balcony, Rain Gutters, Varies per Unit, Stone Wall
- Foundation: Concrete Perimeter, Block, Stone, Brick/Mortar, Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City
- Year Built Source: Public Records
- Construction: Brick, Stone, Block
- Flooring: Tile, Vinyl
- Lot Features: Sloped
- Roof: Rubber, Asphalt/Composition Shingles
- Total Number of Units: 9
- Year Built Details: Approximate
- Zoning: B-l
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other, Sidewalks
- Parking Features: On Street
- Covered Parking Spaces: 1
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $449,000
- Taxes: $6,904
- Tax Year: 2025
- Total Rent: $10,653
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Listing information provided courtesy of BOND BROKERAGE.
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