173 County St Fall River, MA 02723
Flint NeighborhoodEstimated payment $5,421/month
Highlights
- Property is near public transit and schools
- Living Room
- Dining Room
- Wood Flooring
- Forced Air Heating System
- Baseboard Heating
About This Home
Cash-flowing 5-unit multifamily with strong rental history. There is additional value-add opportunity with the potential to convert the first floor into two units, increasing overall rental income. Projected cap rate exceeds 9% once current vacancy is filled. The property consists of four 2-bedroom units and one 3-bedroom unit. Three units have been fully renovated with updated electrical, plumbing, and efficient forced air systems—minimizing near-term capital expenditures. Separate utilities with tenants paying their own expenses. Basement storage provides additional income potential. Maintenance-free vinyl siding for ease of ownership. Ideal for investors seeking immediate cash flow with upside through lease-up and future income growth. Owner financing available; terms to be negotiated.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,656
Year Built
- Built in 1900
Lot Details
- 3,720 Sq Ft Lot
- Level Lot
Parking
- Open Parking
Interior Spaces
- 3,589 Sq Ft Home
- Living Room
- Dining Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer Hookup
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Full Bathrooms
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
- Baseboard Heating
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water none), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:0K13 B:0000 L:0056,2830023
Community Details
Overview
- 5 Units
- Property has 1 Level
Building Details
- Electric Expense $728
- Water Sewer Expense $2,244
- Operating Expense $13,593
- Net Operating Income $82,706
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,656 | $581,300 | $101,100 | $480,200 |
| 2024 | $5,730 | $498,700 | $94,400 | $404,300 |
| 2023 | $5,056 | $412,100 | $79,200 | $332,900 |
| 2022 | $3,714 | $294,300 | $75,400 | $218,900 |
| 2021 | $3,423 | $247,500 | $72,200 | $175,300 |
| 2020 | $2,982 | $206,400 | $69,800 | $136,600 |
| 2019 | $2,776 | $190,400 | $69,800 | $120,600 |
| 2018 | $2,661 | $182,000 | $74,000 | $108,000 |
| 2017 | $2,548 | $182,000 | $74,000 | $108,000 |
| 2016 | $2,643 | $193,900 | $90,500 | $103,400 |
| 2015 | $2,490 | $190,400 | $87,000 | $103,400 |
| 2014 | $2,618 | $208,100 | $96,600 | $111,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $925,000 | -- | $258 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73489878
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