223 Morgan St Fall River, MA 02721
Corky Row Neighborhood
8
Beds
6
Baths
4,848
Sq Ft
5,445
Sq Ft Lot
About This Home
As of February 2025Investors take notice, instant positive cash flow! Looking for investment property, want to move in and have the other tenants pay your mortgage or run your business downstairs than this Mixed-use building is perfect for you. The property offers 3-1 bedroom units, 1-2 bedroom unit and the first floor being commercial space perfect for bar, store, etc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,890
Year Built
- Built in 1900
Lot Details
- 5,445 Sq Ft Lot
- Corner Lot
Parking
- 10 Car Parking Spaces
Home Design
- 4,848 Sq Ft Home
- Stone Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
Listing and Financial Details
- Total Actual Rent $2,350
- Assessor Parcel Number M:0I15 B:0000 L:0045,2828412
Community Details
Overview
- 5 Units
- Property has 1 Level
Building Details
- Net Operating Income $45,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 25, 2008
Sold by
Sousa Joao L and Vitorino Lucia F
Bought by
Sousa Joao L and Vitorino Lucia F
Purchase Details
Closed on
Jun 13, 2006
Sold by
Siverhus Charlotte A and Smith Charlotte A
Bought by
Sousa Joao L and Vitorino Lucia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
6.62%
Mortgage Type
Commercial
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $201,000 | -- | |
| Deed | $201,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $582,000 | Purchase Money Mortgage | |
| Closed | $582,000 | Purchase Money Mortgage | |
| Closed | $405,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $206,250 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $225,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $172,250 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $95,000 | New Conventional | |
| Previous Owner | $150,750 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $629,900 | +16.6% | $130 / Sq Ft |
| 02/07/2025 02/07/25 | Sold | $540,000 | -8.5% | $111 / Sq Ft |
| 12/23/2024 12/23/24 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | For Sale | $589,900 | +594.0% | $122 / Sq Ft |
| 12/27/2017 12/27/17 | Sold | $85,000 | -3.3% | $18 / Sq Ft |
| 09/11/2017 09/11/17 | Pending | -- | -- | -- |
| 08/29/2017 08/29/17 | Price Changed | $87,900 | -10.2% | $18 / Sq Ft |
| 06/28/2017 06/28/17 | Price Changed | $97,900 | -6.8% | $20 / Sq Ft |
| 02/24/2017 02/24/17 | For Sale | $105,000 | +23.5% | $22 / Sq Ft |
| 02/21/2017 02/21/17 | Off Market | $85,000 | -- | -- |
| 02/21/2017 02/21/17 | Price Changed | $105,000 | 0.0% | $22 / Sq Ft |
| 02/21/2017 02/21/17 | For Sale | $105,000 | +40.0% | $22 / Sq Ft |
| 11/04/2016 11/04/16 | Pending | -- | -- | -- |
| 10/25/2016 10/25/16 | Price Changed | $75,000 | 0.0% | $15 / Sq Ft |
| 10/25/2016 10/25/16 | For Sale | $75,000 | -25.0% | $15 / Sq Ft |
| 07/26/2016 07/26/16 | Pending | -- | -- | -- |
| 07/14/2016 07/14/16 | Price Changed | $100,000 | -23.0% | $21 / Sq Ft |
| 06/24/2016 06/24/16 | Price Changed | $129,900 | -13.3% | $27 / Sq Ft |
| 05/24/2016 05/24/16 | Price Changed | $149,900 | -11.8% | $31 / Sq Ft |
| 01/19/2016 01/19/16 | For Sale | $169,900 | -- | $35 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $2,890 | $421,800 | $102,700 | $319,100 |
| 2024 | $2,890 | $251,500 | $95,900 | $155,600 |
| 2023 | $0 | $191,400 | $80,400 | $111,000 |
| 2022 | $0 | $187,600 | $76,600 | $111,000 |
| 2021 | $0 | $185,400 | $73,300 | $112,100 |
| 2020 | $0 | $174,300 | $70,900 | $103,400 |
| 2019 | $0 | $161,000 | $70,900 | $90,100 |
| 2018 | $0 | $197,300 | $84,000 | $113,300 |
| 2017 | $0 | $197,300 | $84,000 | $113,300 |
| 2016 | -- | $197,300 | $84,000 | $113,300 |
| 2015 | -- | $197,600 | $84,000 | $113,600 |
| 2014 | -- | $197,600 | $84,000 | $113,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Oliveira
Seller's Agent in 2025
Ronald Oliveira
RE/MAX
(508) 733-5931
3 in this area
993 Total Sales
-
Paul DaSilva
P
Seller Co-Listing Agent in 2025
Paul DaSilva
RE/MAX
1 in this area
7 Total Sales
-
Alda Moniz
A
Seller's Agent in 2017
Alda Moniz
Affordable Real Estate, Inc.
(508) 678-5000
3 in this area
18 Total Sales
-
Mary Tobin Rosman
Buyer's Agent in 2017
Mary Tobin Rosman
Preferred Properties Realty, LLC
(781) 535-8130
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73314143
APN: FALL-000015I-000000-000045
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