NOT LISTED FOR SALE

186 Fountain St Fall River, MA 02721

Sandy Beach Neighborhood
6 Beds
4 Baths
3,182 Sq Ft
3,049 Sq Ft Lot

Last Sold April 20, 2022

Last sale price $556,000 $175 Per Sq Ft

3 Days on Market

Highlights

  • Property is near public transit
  • Cooling Available
  • Coin Laundry
  • Porch
  • Shops
  • Fenced

About This Home

As of April 2022

Massive 4 family ! Collect Rent on day one. The perfect Investment property to add to your portfolio. This is a great cash on cash return. Excellent leased tenants who all pay on time. All 4 units are in fair condition. The building has 2-1 bedrooms and 2-2 bedrooms. This property is a 6 minute drive to the Mbta South Coast Commuter Rail Fall River Depot Station currently being constructed at 825 Davol Street. Located in the St Annes-Kennedy Park area which is right off the highway that brings you to Northern Mass or Rhode Island. Fully rented units with good cash flow. This property is very low maintenance with minimal yard and vinyl siding. Easy highway access and close to parks, transportation and school. Invest In Fall River MA today!

Last Agent to Sell the Property

Valencia Jacobs Brown

J. Brown Realty Listed on: 03/09/2022

Last Buyer's Agent

Sindy Barreau

MSC Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,366

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,182 Sq Ft Home
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,450
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0I04 B:0000 L:0061,2827765

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Insurance Expense $2,100
  • Water Sewer Expense $2,440
  • Operating Expense $8,995
  • Net Operating Income $44,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,366

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Unit 4(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen,Family Room), Unit 4 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Unfinished
  • Living Area: 3182
  • Stories Total: 7
  • MAIN LO: AN5840
  • LIST PRICE PER Sq Ft: 169.7
  • PRICE PER Sq Ft: 174.73
  • MAIN SO: AN4051

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 2440

Lot Info

  • Parcel Number: M:0I04 B:0000 L:0061,2827765
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3023
  • PAGE: 162

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3366
  • Tax Book Number: 10438

Multi Family

  • Gross Income: 52400
  • Insurance Expense: 2100
  • Net Operating Income: 44405
  • Number Of Units Total: 4
  • Operating Expense: 8995
  • Total Actual Rent: 4450
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
04/20/2022 04/20/22 Sold $556,000 +3.0% $175 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $540,000 +39.9% $170 / Sq Ft
02/10/2021 02/10/21 Sold $386,000 -1.0% $121 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/01/2020 11/01/20 Price Changed $389,900 -2.5% $123 / Sq Ft
10/16/2020 10/16/20 For Sale $399,900 -- $126 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Valencia Jacobs Brown

    Seller's Agent in 2022

    Valencia Jacobs Brown

    J. Brown Realty

    (617) 318-7551

    1 in this area

    77 Total Sales

    Section Image
  • Sindy Barreau

    Buyer's Agent in 2022

    Sindy Barreau

    MSC Realty Inc.

    (774) 381-3424

    1 in this area

    83 Total Sales

    Section Image
  • Ronald Oliveira

    Seller's Agent in 2021

    Ronald Oliveira

    RE/MAX

    (508) 733-5931

    10 in this area

    1,001 Total Sales

    Section Image
  • Lindsey Rebelo

    Seller Co-Listing Agent in 2021

    Lindsey Rebelo

    RE/MAX

    (774) 208-2705

    1 in this area

    50 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Alysandra Nemeth

    Redfin Corp.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72950662

MLS Property Information Network (MLS PIN)

Massachusetts Bristol County Fall River 02721 Sandy Beach

186 Fountain St, Fall River, MA

This home is located at 186 Fountain St, Fall River, MA 02721 since 09 March 2022. This property was built in 1900. 186 Fountain St is a home located in Bristol County with nearby schools including John J. Doran Community School, Matthew J. Kuss Middle School, and B M C Durfee High School.

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.

MLS Property Information Network (MLS PIN) 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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