NOT LISTED FOR SALE

221 Nashua St Fall River, MA 02721

Niagara Neighborhood
12 Beds
6 Baths
4,454 Sq Ft
10,411 Sq Ft Lot

Last Sold October 06, 2022

Last sale price $585,000 $131 Per Sq Ft

7 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • Heating Available
  • Corner Lot
  • Carpet

About This Home

As of October 2022

Welcome to 221 Nashua St.! Attention Investors: First time on the market in 40+ years, the owner is looking to retire and pass this investment on to the next property investor. The 6 family was built in 1975 and is centrally located, fully occupied 2-bedroom units with long-term paying tenants. Large off-street parking (10+ parking spaces) and backyard. All units are serviced completely by shared electricity and the recently updated electric to be split by each unit Updated over the years with vinyl siding, replacement windows. With TLC there are loads of potential and possibilities. Great highway access, minutes from the Commuter Rail Station. Fantastic opportunity!

Last Agent to Sell the Property

Jennifer Preston

Frank Smith Real Estate, Inc. Listed on: 07/25/2022

Last Buyer's Agent

Zachary Conley

NextGen Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,229

Year Built

  • Built in 1975

Lot Details

  • 10,411 Sq Ft Lot
  • Corner Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,454 Sq Ft Home
  • Insulated Windows
  • Window Screens

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

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

Utilities

  • 6 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Water Heater

Additional Features

  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $5,150
  • Rent includes unit 1(electric hot water), unit 2(electric water), unit 3(electric), unit 4(electric)
  • Assessor Parcel Number M:0I23 B:0000 L:0001,2828608

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $21,600
  • Insurance Expense $3,200
  • Operating Expense $26,912
  • Net Operating Income $24,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,229

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1975
  • Buyer Agency: 2.5
  • Transaction Broker: 1.00
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 4454
  • Stories Total: 9
  • Window Features: Insulated Windows, Screens
  • MAIN LO: FR0042
  • LIST PRICE PER Sq Ft: 120.09
  • PRICE PER Sq Ft: 131.34
  • MAIN SO: BB9279

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Electric,Unit Control), Unit 2(Electric,Unit Control), Unit 3(Electric,Unit Control), Unit 4(Electric,Unit Control)
  • Electric: Circuit Breakers, 200+ Amp Service, Common
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 6

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, T-Station
  • Rent Includes: Unit 1(Electric,Hot Water), Unit 2(Electric,Water), Unit 3(Electric), Unit 4(Electric)

Lot Info

  • Parcel Number: M:0I23 B:0000 L:0001,2828608
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10411
  • Lot Size Units: Acres
  • PAGE: 285
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4229
  • Tax Book Number: 4580

Multi Family

  • Electric Expense: 21600
  • Gross Income: 51600
  • Insurance Expense: 3200
  • Net Operating Income: 24688
  • Number Of Units Total: 6
  • Operating Expense: 26912
  • Total Actual Rent: 5150
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/06/2022 10/06/22 Sold $585,000 +9.4% $131 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $534,900 -- $120 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Preston

    Seller's Agent in 2022

    Jennifer Preston

    Frank Smith Real Estate, Inc.

    (508) 207-5611

    2 in this area

    59 Total Sales

    Jennifer Preston
    Section Image

  • Z

    Buyer's Agent in 2022

    Zachary Conley

    NextGen Realty, Inc.

    (617) 982-8607

    1 in this area

    28 Total Sales

    Zachary Conley
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73015718

MLS Property Information Network (MLS PIN)
Massachusetts Bristol County Fall River 02721 Niagara

221 Nashua St, Fall River, MA

This home is located at 221 Nashua St, Fall River, MA 02721 since 25 July 2022. This property was built in 1975. 221 Nashua St is a home located in Bristol County with nearby schools including William S Greene, 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.

Nearby Homes