NOT LISTED FOR SALE

159 Nashua St Fall River, MA 02721

Niagara Neighborhood
15 Beds
7.5 Baths
7,584 Sq Ft
3,049 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $750,000 $99 Per Sq Ft

89 Days on Market

About This Home

As of October 2022

159 Nashua Street is an 8-unit, four-story building containing seven (7) residential units consisting of two (2) 3-Bedroom/1-Bathroom units, three (3) 2-Bedroom/1-Bathroom units, one (1) 1-Bedroom/1-Bathroom unit, one (1) Studio Unit and one (1) commercial unit (currently vacant) in 7,584 square feet of living area on a 0.071-acre parcel. The building has been well maintained throughout ownership and features numerous upgrades including newer roof and windows as well as upgrades to the units’ interiors in both the residential apartments and commercial space. Tenants are responsible for their own gas heat, hot water and electric (LL pays utilities for units 3E & 3ES). Opportunity exists to acquire a well maintained building in a high demand market. opportunity exists to drive rental rates through renovations and programmatic upgrades to the units, as well as by bringing rents up to market rate in a supply constrained market.

Last Agent to Sell the Property

Spencer Smith

Horvath & Tremblay Listed on: 05/18/2022

Co-Listed By

John Pentore

Horvath & Tremblay

Last Buyer's Agent

Spencer Smith

Horvath & Tremblay Listed on: 05/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot

Home Design

  • 7,584 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 15 Bedrooms

Listing and Financial Details

  • Total Actual Rent $8,795
  • Assessor Parcel Number 2828536

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Building Details

  • Operating Expense $34,080
  • Net Operating Income $71,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,162

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Buyer Agency: 1.75
  • Sub Agent Compensation: 0
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 14

Interior Features

  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Total Bedrooms: 15
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8
  • Total Bathrooms: 7.5
  • Living Area: 7584
  • Stories Total: 14
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 108.78
  • PRICE PER Sq Ft: 98.89
  • MAIN SO: AN2723

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 2828536
  • Zoning: A3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • PAGE: 213
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6162.35
  • Tax Book Number: 8020

Multi Family

  • Gross Income: 105540
  • Net Operating Income: 71460
  • Number Of Units Total: 8
  • Operating Expense: 34080
  • Total Actual Rent: 8795
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 4: 3
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $750,000 -9.1% $99 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $825,000 -8.3% $109 / Sq Ft
06/07/2022 06/07/22 Price Changed $900,000 -7.7% $119 / Sq Ft
05/18/2022 05/18/22 For Sale $975,000 -- $129 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Spencer Smith

    Horvath & Tremblay

    (781) 776-4000

    1 in this area

    6 Total Sales

    Spencer Smith
    Section Image
  • John Pentore

    Seller Co-Listing Agent in 2022

    John Pentore

    Horvath & Tremblay

    (781) 484-8166

    1 in this area

    47 Total Sales

    John Pentore
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72983529

MLS Property Information Network (MLS PIN)
Massachusetts Bristol County Fall River 02721 Niagara

159 Nashua St, Fall River, MA

This home is located at 159 Nashua St, Fall River, MA 02721 since 18 May 2022. This property was built in 1910. 159 Nashua St is a home located in Bristol County with nearby schools including William S Greene, Matthew J. Kuss Middle School, and B M C Durfee High School.

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.

MLS Property Information Network (MLS PIN) 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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