Seller's Agent in 2021
Jennifer Mello
The Mello Group, Inc.
(401) 339-1506
2 in this area
152 Total Sales
124 Bay St Fall River, MA 02721
Sandy Beach Neighborhood
12
Beds
6
Baths
4,989
Sq Ft
8,276
Sq Ft Lot
Highlights
- Marina
- Property is near public transit and schools
- Park
- Medical Services
- Wood Flooring
- Laundry Room
About This Home
As of August 2021Looking for an investment property? This low maintenance 6 family with lots of off street parking and great income potential will not disappoint! Located on Bay Street near Kennedy Park and with water views from some upper units. Long term tenants in almost every unit. Vinyl exterior, all replacement windows, 11 off-street parking spaces, six natural gas, forced hot water baseboard heating systems and gas hot water tanks, all separate utilities. No current leases in place providing flexibility to new owner. Easy on/off highway access and all appliances owned by current landlord will convey with property. Trash included in taxes so no separate tax bill, no flood insurance, shared driveway with three spots belonging to neighbor and 11 spots belong to this house.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,684
Year Built
- Built in 1900
Lot Details
- 8,276
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,989 Sq Ft Home
- Insulated Windows
- Window Screens
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 11 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Utilities
- No Cooling
- 6 Heating Zones
- Heating Available
- Separate Meters
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Rain Gutters
- 8,276 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $4,000
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
Building Details
- Electric Expense $420
- Insurance Expense $4,700
- Water Sewer Expense $3,650
- Operating Expense $5,242
- Net Operating Income $39,230
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $540,000 | +13.7% | $108 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 06/08/2021 06/08/21 | For Sale | $475,000 | 0.0% | $95 / Sq Ft |
| 02/27/2015 02/27/15 | Rented | $650 | 0.0% | -- |
| 01/28/2015 01/28/15 | Under Contract | -- | -- | -- |
| 12/02/2014 12/02/14 | For Rent | $650 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| 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 | $7,172 | $626,400 | $110,400 | $516,000 |
| 2024 | $6,428 | $559,400 | $106,300 | $453,100 |
| 2023 | $5,895 | $480,400 | $87,800 | $392,600 |
| 2022 | $4,684 | $407,900 | $83,700 | $324,200 |
| 2021 | $4,684 | $338,700 | $79,600 | $259,100 |
| 2020 | $4,043 | $279,800 | $78,400 | $201,400 |
| 2019 | $3,690 | $253,100 | $75,500 | $177,600 |
| 2018 | $3,519 | $240,700 | $81,800 | $158,900 |
| 2017 | $3,317 | $236,900 | $78,000 | $158,900 |
| 2016 | $3,203 | $235,000 | $83,000 | $152,000 |
| 2015 | $3,074 | $235,000 | $83,000 | $152,000 |
| 2014 | $3,076 | $244,500 | $80,500 | $164,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Mello
-
Jose Ferreira
Buyer's Agent in 2021
Jose Ferreira
Morello Real Estate
(617) 504-9583
3 in this area
62 Total Sales
-
T
Seller's Agent in 2015
Tara Schryver
Schryver Realty Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72845729
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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