$650,000
SOLD AUG 28, 2025
8 Beds
3 Baths
2,807 Sq Ft
4,282 Sq Ft Lot

Recently Sold

$232 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Bay View
  • Deck
  • Living Room
  • Waterfront
  • Property is near public transit
  • Shops

About This Home

As of August 2025

Rare Opportunity in Fairhaven! This multi-family property is perfect for investors or owner-occupants looking to build equity. It features two spacious 3-bedroom units and one 2-bedroom unit, offering flexible rental potential. Key updates include a new roof (2024) and pressure-treated decks (2022). All units are separately metered for electricity, and the property is heated with efficient natural gas. Located in a convenient Fairhaven location, just minutes from highways, shopping, and local amenities. All tenants are month-to-month and currently paying well-below-market rents, presenting an excellent opportunity for future growth. First showing at open house Sunday 6/29, 2-4pm. Don't miss this one!

Last Agent to Sell the Property

Monica DuPre Donnelly

The Real Estate Collaborative Listed on: 06/26/2025

Co-Listed By

David Donnelly

The Real Estate Collaborative

Last Buyer's Agent

Steven Melo

Ponte & Associates Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 1900

Lot Details

  • 4,282 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,807 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Bay Views
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Parking Space
  • Open Parking
  • Off-Street Parking

Schools

  • Fairhaven High School

Utilities

  • No Cooling
  • Space Heater
  • 3 Heating Zones
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,200
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 10
  • Assessor Parcel Number 3280114

Community Details

Building Details

  • Insurance Expense $4,688
  • Water Sewer Expense $2,797
  • Operating Expense $17,700
  • Net Operating Income $26,439

Additional Features

  • 3 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,667

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Other
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Unfinished
  • Above Grade Finished Sq Ft: 2807
  • Living Area: 2807
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8264
  • MAIN SO: NB3016

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Waterfront, River, Bay
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Natural Gas, Space Heater
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2797

Lot Info

  • Parcel Number: 3280114
  • Zoning: Mixed Use
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4282
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4667
  • Tax Lot: 10

Multi Family

  • Insurance Expense: 4688
  • Net Operating Income: 26439
  • Number Of Units Total: 3
  • Operating Expense: 17700
  • Total Actual Rent: 3200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Waterview: Bay

MLS Schools

  • High School: Fairhaven High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Aug 28, 2025
Sold by
Adobe Management East Llc
Bought by
Oliveira Andre M and Oliveira Ana P
Seller's Agent
Monica DuPre Donnelly
The Real Estate Collaborative
Buyer's Agent
Steven Melo
Ponte & Associates Real Estate
List Price
$639,900
Sold Price
$650,000
Premium/Discount to List
$10,100
1.58%
Views
15
Current Estimated Value
$655,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,333
Avg. Annual Appreciation
2.23%
Original Mortgage
$628,306
Outstanding Balance
$627,221
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$28,112

Purchase Details

Closed on
Dec 1, 2015
Sold by
Bank New York Mellon T
Bought by
Adobe Management East

Purchase Details

Closed on
Aug 12, 2015
Sold by
Rapoza Joseph C and Medeiros Kelli A
Bought by
Bank New York Mellon T

Purchase Details

Closed on
May 16, 2001
Sold by
Margeson Steven and Margeson Michelle
Bought by
Rapoza Joseph C and Medeiros Kelli A

Purchase Details

Closed on
Dec 2, 1991
Sold by
Compass Bk For Svgs
Bought by
Margeson Steven and Margeson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1987
Sold by
Nieves Jaime L
Bought by
Radicioni Mark Anthony

Purchase Details

Closed on
Jan 12, 1987
Sold by
Ayala Alberto
Bought by
Nieves Jaime L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Deed $650,000 --
Deed $650,000 --
Quit Claim Deed $141,000 --
Quit Claim Deed $141,000 --
Foreclosure Deed $234,361 --
Foreclosure Deed $234,361 --
Deed $129,000 --
Deed $129,000 --
Deed $55,000 --
Deed $55,000 --
Deed $110,000 --
Deed $36,325 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $628,306 FHA
Closed $628,306 FHA
Previous Owner $230,000 No Value Available
Previous Owner $105,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2025 08/28/25 Sold $650,000 +1.6% $232 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $639,900 -- $228 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $4,667 $500,800 $240,500 $260,300
2024 $4,620 $500,500 $248,300 $252,200
2023 $4,767 $479,100 $248,300 $230,800
2022 $4,619 $452,000 $235,300 $216,700
2021 $4,751 $420,800 $235,300 $185,500
2020 $371 $420,800 $235,300 $185,500
2019 $4,612 $395,200 $203,900 $191,300
2018 $4,451 $378,800 $203,900 $174,900
2017 $4,319 $358,700 $203,900 $154,800
2016 $4,203 $345,100 $203,900 $141,200
2015 $3,893 $320,400 $184,300 $136,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73397329

MLS Property Information Network (MLS PIN)

APN: FAIR-000017-000000-000010