Molly Armando
Real Broker MA, LLC
(774) 271-5465
93 Total Sales
1 in Niagara
$315,000 Price
181 Nashua St Fall River, MA 02721
Niagara Neighborhood
12
Beds
6
Baths
4,215
Sq Ft
4,792
Sq Ft Lot
About This Home
As of February 2020NOI is $36,312 and Cap Rate is 8.25%. The rental market is tight and vacancies fill quickly for a premium. At $73,333 a unit, this 6-unit building is being offered for an investor looking to add a cash flowing and well managed property to their portfolio. Current ownership purchased the property, stabilized and repaired it and brought in a top management team to manage the day to day operations. Current management company has over 400 units under management and is willing to continue working with the new owners to ensure a seamless transition. This represents an opportunity for a passive investor to purchase income producing property and remain “hands off.†Fall River has several economic factors to continue to support the current income (and future growth) at this property. Sale includes 6 Fridges/6 Stoves/6 Water Heaters. Contract with vendor for coin-op laundry for added income. See attached report for further complete breakdown of property.
Last Buyer's Agent
Michael Wright
Kelly Lewis Realty
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1901
Lot Details
- 4,792
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0I-17 B:0000 L:0049
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Niagara, MA
-
Molly Armando
-
Wendy Sampson
Wendy Sampson
Lion Gate Real Estate, Inc.
(508) 501-1745
27 Total Sales
1 in Niagara
$605,000 Price
-
Fred Grizotte
Fred Grizotte
Paiva Real Estate Services, LLC
(508) 501-3321
51 Total Sales
11 in Niagara
$405K - $745K Price Range
-
Lydia Tavares
Lydia Tavares
Citylight Homes
(508) 980-2436
23 Total Sales
1 in Niagara
$765,000 Price
-
The Highland Group
The Highland Group
Keller Williams South Watuppa
(774) 322-2988
106 Total Sales
1 in Niagara
$405,000 Price
-
Rachel Hamill
Rachel Hamill
eXp Realty LLC
(339) 220-5124
55 Total Sales
1 in Niagara
$490,000 Price
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 |
|---|---|---|---|---|---|
| 02/07/2020 02/07/20 | Sold | $425,000 | 0.0% | $101 / Sq Ft | |
| 12/03/2019 12/03/19 | Pending | -- | -- | -- | |
| 11/30/2019 11/30/19 | Off Market | $425,000 | -- | -- | |
| 09/04/2019 09/04/19 | Price Changed | $440,000 | -2.2% | $104 / Sq Ft | |
| 08/01/2019 08/01/19 | For Sale | $450,000 | 0.0% | $107 / Sq Ft | |
| 06/27/2019 06/27/19 | Pending | -- | -- | -- | |
| 06/05/2019 06/05/19 | For Sale | $450,000 | +100.0% | $107 / Sq Ft | |
| 09/13/2017 09/13/17 | Sold | $225,000 | 0.0% | $53 / Sq Ft | View Prior Sale |
| 07/12/2017 07/12/17 | Pending | -- | -- | -- | |
| 06/21/2017 06/21/17 | For Sale | $225,000 | -- | $53 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
David Ferreira
Seller's Agent in 2020
David Ferreira
Fortified Realty Group
(508) 762-4777
2 in this area
38 Total Sales
-
M
Buyer's Agent in 2020
Michael Wright
Kelly Lewis Realty
-
Karen McLinden
Seller's Agent in 2017
Karen McLinden
Beautiful Day Real Estate
(508) 642-6645
7 in this area
56 Total Sales
-
T
Buyer's Agent in 2017
The Amarelo Team
Cameron Real Estate Group - Fall River
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72513419
APN: FALL M:0I-17 B:0000 L:0049
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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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