Jerry Smith
LDS Realty Group, Inc.
(857) 957-9474
44 Total Sales
1 in Sandy Beach
$670,000 Price
181 Division St Fall River, MA 02721
Sandy Beach Neighborhood
18
Beds
6
Baths
6,102
Sq Ft
8,037
Sq Ft Lot
Highlights
- Corner Lot
- 1 Car Garage
- 5-minute walk to Kennedy Park
About This Home
As of April 2025Turnkey 6-Family Investment Property – Fully Rented with Strong Cash Flow!An incredible investment opportunity awaits with this fully rented six-family property, generating a gross monthly income of $11,650! Located just minutes from downtown Fall River, this well-maintained building features updated units and brand-new windows for improved energy efficiency. Each unit offers a functional layout, ample natural light, and desirable updates, making it easy to attract and retain tenants. The property is situated in a high-demand rental area, with easy access to major highways, public transportation, shopping, dining, and the exciting developments in Fall River’s waterfront district. Whether you’re a seasoned investor or looking to expand your portfolio, this income-producing property delivers strong rental returns with minimal upkeep. Don’t miss out on this prime multi-family investment!Financials and rent roll available upon request. Schedule your private showing today!
Last Agent to Sell the Property
Ronald Rene
Vicente Realty, LLC Listed on: 03/09/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,655
Year Built
- Built in 1900
Lot Details
- 8,037 Sq Ft Lot
- Corner Lot
Parking
- 1 Car Garage
Home Design
- 6,102 Sq Ft Home
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 18 Bedrooms
- 6 Full Bathrooms
Additional Features
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $11,650
- Assessor Parcel Number M:0G03 B:0000 L:0032,2825707
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Net Operating Income $120,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2025
Closed on
Apr 11, 2025
Sold by
Rene Realty Llc
Bought by
Seller's Agent
Ronald Rene
Vicente Realty, LLC
Buyer's Agent
Emmanuella Renelique
Compass
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Outstanding Balance
$1,422,028
Interest Rate
6.76%
Mortgage Type
Commercial
Purchase Details
Listed on
Sep 2, 2021
Closed on
Nov 16, 2021
Sold by
Gossic Richard
Bought by
Rene Realty Llc
Seller's Agent
Alicia Botelho
Keller Williams Elite
Buyer's Agent
Alicia Botelho
Keller Williams Elite
List Price
$462,500
Sold Price
$500,000
Premium/Discount to List
$37,500
8.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.93%
Original Mortgage
$60,000
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Sep 2, 2021
Closed on
Nov 4, 2021
Sold by
Gossic Richard
Bought by
Gossic Richard
Seller's Agent
Alicia Botelho
Keller Williams Elite
Buyer's Agent
Alicia Botelho
Keller Williams Elite
List Price
$462,500
Sold Price
$500,000
Premium/Discount to List
$37,500
8.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 16, 2021
Sold by
Moniz Charles and Moniz Matthew
Bought by
Gossic Richard
Purchase Details
Closed on
Jun 2, 2008
Sold by
Moniz Maria
Bought by
Moniz Charles and Moniz Joseph A
Purchase Details
Closed on
Feb 13, 2001
Sold by
Kazen Ramona
Bought by
Moniz Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.13%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sandy Beach, MA
-
Jerry Smith
-
Donna Whritenour
Donna Whritenour
Responds QuicklyLamacchia Realty, Inc.
(774) 713-8766
40 Total Sales
1 in Sandy Beach
$515,000 Price
-
Wayne Bellemare
Wayne Bellemare
LPT Realty - Home & Key Group
(781) 785-8307
51 Total Sales
1 in Sandy Beach
$455,000 Price
-
Lisa Green-Browne
Lisa Green-Browne
Keller Williams Realty
(781) 725-6648
80 Total Sales
1 in Sandy Beach
$325,000 Price
-
Marcy Fasano
Marcy Fasano
Dream Home Realty
(774) 220-3314
56 Total Sales
1 in Sandy Beach
$385,000 Price
-
Paula Levasseur
Paula Levasseur
Home Bound Realty
(401) 240-4892
120 Total Sales
1 in Sandy Beach
$510,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,250,000 | None Available | ||
| Rene Realty Llc | $500,000 | None Available | |
| Gossic Richard | -- | None Available | |
| Gossic Richard | -- | None Available | |
| Moniz Charles | -- | -- | |
| Moniz Maria | $70,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,440,000 | ||
| Previous Owner | Legacy Prop Inv Grp Llc & | $450,000 | |
| Closed | Rene Realty Llc | $275,000 | |
| Closed | Rene Realty Llc | $1,655,500 | |
| Previous Owner | Global Funding Llc | $60,000 | |
| Previous Owner | -- | $425,000 | |
| Previous Owner | Moniz Maria D | $70,000 | |
| Previous Owner | Moniz Maria D | $24,123 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $1,250,000 | -3.8% | $205 / Sq Ft | |
| 03/18/2025 03/18/25 | Pending | -- | -- | -- | |
| 03/09/2025 03/09/25 | For Sale | $1,300,000 | +160.0% | $213 / Sq Ft | |
| 11/17/2021 11/17/21 | Sold | $500,000 | +8.1% | $82 / Sq Ft | View Prior Sale |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- | |
| 09/02/2021 09/02/21 | For Sale | $462,500 | -- | $76 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,439 | $649,700 | $110,200 | $539,500 |
| 2024 | $6,655 | $579,200 | $106,200 | $473,000 |
| 2023 | $5,920 | $482,500 | $87,700 | $394,800 |
| 2022 | $5,706 | $452,100 | $83,500 | $368,600 |
| 2021 | $5,166 | $373,500 | $79,500 | $294,000 |
| 2020 | $4,425 | $306,200 | $78,300 | $227,900 |
| 2019 | $4,027 | $276,200 | $75,400 | $200,800 |
| 2018 | $3,817 | $261,100 | $81,700 | $179,400 |
| 2017 | $3,602 | $257,300 | $77,900 | $179,400 |
| 2016 | $3,467 | $254,400 | $82,800 | $171,600 |
| 2015 | $3,328 | $254,400 | $82,800 | $171,600 |
| 2014 | $3,341 | $265,600 | $80,400 | $185,200 |
Source: Public Records
Agents Affiliated with this Home
-
RR
Seller's Agent in 2025
Ronald Rene
Vicente Realty, LLC
-
Emmanuella Renelique
Buyer's Agent in 2025
Emmanuella Renelique
Compass
(617) 930-0457
4 in this area
62 Total Sales
-
AB
Seller's Agent in 2021
Alicia Botelho
Keller Williams Elite
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73343153
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.
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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