229 Tripp St Fall River, MA 02724
Father Kelly NeighborhoodEstimated payment $6,139/month
Highlights
- Medical Services
- Corner Lot
- Storm Windows
- Property is near public transit and schools
- Porch
- Bathtub with Shower
About This Home
Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,354
Year Built
- Built in 1900
Lot Details
- 5,985 Sq Ft Lot
- Street terminates at a dead end
- Fenced
- Corner Lot
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- Ceiling Fan
- Living Room
- Basement Fills Entire Space Under The House
- Range
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
- Bathtub with Shower
Home Security
- Home Security System
- Storm Windows
Parking
- 6 Open Parking Spaces
- 6 Car Parking Spaces
- Off-Street Parking
Schools
- Kuss Middle School
- Durfee/Diman High School
Utilities
- Heating System Uses Natural Gas
- 110 Volts
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Legal Lot and Block 0016 / 0018
- Assessor Parcel Number 2821398
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $85,500
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $8,420 | $735,400 | $108,300 | $627,100 |
| 2024 | $7,557 | $657,700 | $104,300 | $553,400 |
| 2023 | $6,617 | $539,300 | $86,200 | $453,100 |
| 2022 | $5,300 | $458,800 | $82,100 | $376,700 |
| 2021 | $5,300 | $383,200 | $78,100 | $305,100 |
| 2020 | $5,034 | $348,400 | $76,900 | $271,500 |
| 2019 | $3,595 | $246,600 | $74,100 | $172,500 |
| 2018 | $3,523 | $241,000 | $80,200 | $160,800 |
| 2017 | $3,322 | $237,300 | $76,500 | $160,800 |
| 2016 | $3,209 | $235,400 | $81,400 | $154,000 |
| 2015 | $3,079 | $235,400 | $81,400 | $154,000 |
| 2014 | $3,082 | $245,000 | $79,000 | $166,000 |
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 |
|---|---|---|---|---|---|
| 08/18/2026 08/18/26 | For Sale | $975,000 | +166.2% | $196 / Sq Ft | |
| 01/16/2019 01/16/19 | Sold | $366,200 | -1.0% | $74 / Sq Ft | View Prior Sale |
| 10/30/2018 10/30/18 | Pending | -- | -- | -- | |
| 10/30/2018 10/30/18 | For Sale | $369,900 | +1.0% | $74 / Sq Ft | |
| 10/30/2018 10/30/18 | Off Market | $366,200 | -- | -- | |
| 10/22/2018 10/22/18 | For Sale | $369,900 | 0.0% | $74 / Sq Ft | |
| 01/28/2016 01/28/16 | Rented | $660 | 0.0% | -- | |
| 01/12/2016 01/12/16 | Under Contract | -- | -- | -- | |
| 01/04/2016 01/04/16 | For Rent | $660 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $366,200 | None Available | |
| Deed | -- | -- | |
| Deed | $117,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $613,200 | Unknown | |
| Closed | $613,200 | Unknown | |
| Closed | $385,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $292,000 | New Conventional | |
| Previous Owner | $186,900 | Commercial | |
| Previous Owner | $160,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73565049
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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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