NOT LISTED FOR SALE
12 Beds
6 Baths
3,900 Sq Ft
2,618 Sq Ft Lot

Sale Details

Date Sold: November 19, 2024

Last sale price $725,000 $186 Per Sq Ft

5 Days on Market

About This Home

As of November 2024

Investment Opportunity! Six-family multi-family property in Fall River! Attention Investors! Here’s your chance to own a nice investment property in the heart of Fall River. The property features 6 units with 2 bedrooms each. Strong rental income potential in a growing market, conveniently located near schools, shopping, and public transportation. Whether you're a seasoned investor or just starting, this property offers a fantastic return on investment. Don't miss out on this income-generating gem!

Last Agent to Sell the Property

Kyle Sousa

Peak Real Estate Listed on: 09/11/2024

Last Buyer's Agent

Christopher Iannella

Constitution Wharf Group, LLC

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 1900

Lot Details

  • 2,618 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 3,900 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Schools

  • Mary Fonseca Elementary School
  • Talbot Middle School
  • Bmc Durfee High School

Listing and Financial Details

  • Total Actual Rent $2,400
  • Assessor Parcel Number M:0L03 B:0000 L:0013,2830755

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,484

Year Built

Built in 1900

Lot Details

2,618 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 3900
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN7923
  • MAIN SO: AN7214

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0L03 B:0000 L:0013,2830755
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2618
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5484

Multi Family

  • Net Operating Income: 14400
  • Number Of Units Total: 6
  • Total Actual Rent: 2400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Bmc Durfee
  • Elementary School: Mary Fonseca
  • Middle Or Junior School: Talbot

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Nov 19, 2024
Sold by
Bought by
Seller's Agent
Kyle Sousa
Peak Real Estate
Buyer's Agent
Christopher Iannella
Constitution Wharf Group, LLC
List Price
$719,000
Sold Price
$725,000
Premium/Discount to List
$6,000
0.83%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$529,547
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 21, 2021
Sold by
Bought by
Seller's Agent
Rita Goodrow
Goodrow Realty Group
Buyer's Agent
Rhett Sanders
eXp Realty LLC - Corporate Office
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$356,250
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$720,000 None Available
$475,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Previous Owner $120,000
Previous Owner $356,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2024 11/19/24 Sold $725,000 +0.8% $186 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $719,000 +51.4% $184 / Sq Ft
05/21/2021 05/21/21 Sold $475,000 -9.5% $122 / Sq Ft View Prior Sale
03/26/2021 03/26/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $525,000 -- $135 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,086 $531,500 $105,100 $426,400
2024 $5,484 $477,300 $101,200 $376,100
2023 $4,843 $394,700 $83,600 $311,100
2022 $3,929 $337,900 $79,600 $258,300
2021 $3,929 $284,100 $75,800 $208,300
2020 $3,446 $238,500 $74,700 $163,800
2019 $3,170 $217,400 $71,900 $145,500
2018 $3,054 $208,900 $77,900 $131,000
2017 $2,873 $205,200 $74,200 $131,000
2016 $2,790 $204,700 $79,000 $125,700
2015 $2,677 $204,700 $79,000 $125,700
2014 $2,663 $211,700 $76,700 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73288772

MLS Property Information Network (MLS PIN)
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