NOT LISTED FOR SALE

163 Winter St Fall River, MA 02720

Bank Street Neighborhood
9 Beds
9 Baths
5,714 Sq Ft
9,147 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $925,000 $162 Per Sq Ft

31 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • 4-minute walk to Ruggles Park
  • Property is near public transit
  • Laundry Room

About This Home

As of December 2023

Listed at a 7.59% cap rate on current income and $102,778 per unit, 163 Winter Street is a three-story building containing nine (9), 1-Bedroom/1-Bathroom units with 5,714 square feet of living area in 8702 square feet of gross area on a 0.21-acre parcel with eleven (11) on-site parking spaces. Since acquisition in 2018, 163 Winter has received significant capital improvements. Six (6) of the units have been renovated, featuring updated kitchens and bathrooms. The property also has new, replacement windows, as well as a new, asphalt shingle roof. The Landlord currently pays for all utilities. OFFERS DUE WEDNESDAY, 10/11 BY 5PM.

Last Agent to Sell the Property

John Pentore

Horvath & Tremblay Listed on: 09/22/2023

Last Buyer's Agent

Jordan Pavao

Keller Williams South Watuppa

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,110

Year Built

  • Built in 1900

Lot Details

  • 9,147 Sq Ft Lot
  • Corner Lot

Parking

  • 11 Car Parking Spaces

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 5,714 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $9,305
  • Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water)
  • Assessor Parcel Number 2832905

Community Details

Building Details

  • Operating Expense $46,686
  • Net Operating Income $70,194

Additional Features

  • 9 Units
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,110

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 9
  • Total Bathrooms: 9
  • Total Bathrooms: 9
  • Laundry Features: Laundry Room
  • Living Area: 5714
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 161.88
  • PRICE PER Sq Ft: 161.88
  • MAIN SO: AN6369

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Electric: Common
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Highway Access, House of Worship, T-Station, University
  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2832905
  • Zoning: A-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9147
  • Lot Size Units: Acres
  • PAGE: 9999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8110
  • Tax Book Number: 9999

Multi Family

  • Gross Income: 116880
  • Net Operating Income: 70194
  • Number Of Units Total: 9
  • Operating Expense: 46686
  • Total Actual Rent: 9305
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Range of Values:

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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
12/08/2023 12/08/23 Sold $925,000 0.0% $162 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $925,000 -- $162 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Pentore

    Seller's Agent in 2023

    John Pentore

    Horvath & Tremblay

    (781) 484-8166

    4 in this area

    47 Total Sales

    John Pentore
    Section Image

  • J

    Buyer's Agent in 2023

    Jordan Pavao

    Keller Williams South Watuppa

    (774) 319-1169

    5 in this area

    116 Total Sales

    Jordan Pavao
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73162661

MLS Property Information Network (MLS PIN)
Massachusetts Bristol County Fall River 02720 Bank Street

163 Winter St, Fall River, MA

This home is located at 163 Winter St, Fall River, MA 02720 since 22 September 2023. This property was built in 1900. 163 Winter St is a home located in Bristol County with nearby schools including Mary Fonseca Elementary School, Morton 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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