NOT LISTED FOR SALE
16 Beds
8 Baths
8,000 Sq Ft
7,144 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $715,000 $89 Per Sq Ft

8 Days on Market

Highlights

  • Medical Services
  • Balcony
  • Park
  • Granite Flooring
  • Porch
  • Heating Available

About This Home

As of April 2023

Investors take notice! Oversized 3 family with 3 bedrooms in each unit and a 5 family on one lot. Off street parking for 5 cars. Many of the apartments include hardwood floors. Here is your opportunity to invest in Fall River before the train is completed. All are below market value rents with huge upside potential.

Last Agent to Sell the Property

Jordan Pavao

Keller Williams South Watuppa Listed on: 01/09/2023

Keller Williams South Watuppa

Last Buyer's Agent

Kevin Teves

RE/MAX Vantage

RE/MAX Vantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,594

Year Built

  • Built in 1900

Lot Details

  • 7,144 Sq Ft Lot

Home Design

  • Rubber Roof

Interior Spaces

  • 8,000 Sq Ft Home
  • Partially Finished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Porch

Utilities

  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,725
  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0G06 B:0000 L:0047,2825939

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Recreation

  • Park

Additional Features

  • Medical Services
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,594

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 9

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 16
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Partially Finished, Interior Entry, Bulkhead
  • Living Area: 8000
  • Stories Total: 9
  • MAIN LO: AN6369
  • MAIN SO: AN1696

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber, Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Space Heater)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Medical Facility, House of Worship
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water), Unit 4(Water)

Lot Info

  • Parcel Number: M:0G06 B:0000 L:0047,2825939
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 7144
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6594

Multi Family

  • Net Operating Income: 32400
  • Number Of Units Total: 8
  • Total Actual Rent: 3725
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $715,000 -4.6% $89 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $749,800 -- $94 / 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 $5,144 $449,300 $105,600 $343,700
2024 $8,493 $739,200 $105,300 $633,900
2023 $7,545 $614,900 $87,000 $527,900
2022 $6,594 $522,500 $82,900 $439,600
2021 $6,063 $438,400 $78,900 $359,500
2020 $5,271 $364,800 $77,700 $287,100
2019 $4,575 $313,800 $74,800 $239,000
2018 $4,465 $305,400 $81,100 $224,300
2017 $4,222 $301,600 $77,300 $224,300
2016 $4,075 $299,000 $82,200 $216,800
2015 $3,911 $299,000 $82,200 $216,800
2014 $3,973 $315,800 $79,800 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73069293

MLS Property Information Network (MLS PIN)