$730,000
SOLD DEC 9, 2024
12 Beds
7 Baths
3,447 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

9% Below List Price

158 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Shops
  • Medical Services
  • Park
  • Coin Laundry

About This Home

As of December 2024

Investment opportunity available in Fall River. This property is divided into six units with three units being delivered vacant. The remaining three are currently rented at $1,300 each with tenants at will. Each unit consists of two bedrooms, one bathroom, utilize space heaters, and include appliances. This property is a 10 minute drive to the newly constructed MBTA Commuter Rail Station in Fall River. Buyer and buyer's agent to verify all information. Annual Property Operating Data is estimated based on existing tenant data and utility usage as well as projected rents ($1,300 per vacant unit) and similar utility usage in the unoccupied units. Information deemed reliable, but is neither guaranteed nor independently verified.

Last Agent to Sell the Property

Philip Rebello

revolv Real Estate Listed on: 05/09/2024

Co-Listed By

Antarah Leet

revolv Real Estate

Last Buyer's Agent

Jamie Fortes

Amaral & Associates RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1900

Lot Details

  • 5,001 Sq Ft Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • 3,447 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $3,900
  • Assessor Parcel Number 2821260

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Building Details

  • Insurance Expense $5,900
  • Water Sewer Expense $1,300
  • Operating Expense $7,200
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,321

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 Type: $
  • Transaction Broker Type: $
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full, Partially Finished, Bulkhead, Concrete
  • Living Area: 3447
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN0604
  • MAIN SO: FR0160

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1300

Lot Info

  • Parcel Number: 2821260
  • Zoning: B-L
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5321

Multi Family

  • Insurance Expense: 5900
  • Net Operating Income: 46800
  • Number Of Units Total: 6
  • Operating Expense: 7200
  • Total Actual Rent: 3900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Sold $730,000 -5.1% $212 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $769,000 -2.5% $223 / Sq Ft
07/15/2024 07/15/24 Price Changed $789,000 -1.3% $229 / Sq Ft
05/09/2024 05/09/24 For Sale $799,000 +49.3% $232 / Sq Ft
01/08/2024 01/08/24 Sold $535,000 +1.9% $155 / Sq Ft View Prior Sale
11/30/2023 11/30/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $525,000 -- $152 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73235542

MLS Property Information Network (MLS PIN)