Seller's Agent in 2023
David Ferreira
Fortified Realty Group
(774) 357-1574
6 in this area
48 Total Sales
233 Harrison St Fall River, MA 02723
Flint Neighborhood
21
Beds
6
Baths
6,720
Sq Ft
7,971
Sq Ft Lot
About This Home
As of January 2023INVEST IN FALL RIVER - 7.64% CAP RATE - TURN KEY OPERATION! Welcome to 233-243 Harrison St, a 6 unit complex located in the east side of historic Fall River, Massachusetts. Featuring 4 “townhouse” apartments, units 233 ($1965/mon), 235 ($1800/mon), 241C ($2000/mon), and 243 ($2000/mon) are all spacious units with 4 bedrooms and 1 bath each. Moving onto the basement, you’ll find a HUGE coin-op laundry area just waiting to be used. Off to either side, you’ll come into units 241A ($1550/mon) and 241B ($1450/mon), one a 3 bed/1 bath and the other a 2 bed/1 bath layout. With 10 off-street parking spots located just outside the door and a quiet walkthrough space in the backyard, you’ll see potential in every square foot of this place! With a monthly gross income of $10,835, you already have market rents from day 1, all leased through next year with solid tenants. Don’t miss out, this opportunity won’t last long! Book your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,954
Year Built
- Built in 1900
Lot Details
- 7,971
Home Design
- 6,720 Sq Ft Home
Bedrooms and Bathrooms
- 21 Bedrooms
- 6 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Driveway
- Open Parking
Additional Features
- Laundry Room
- 7,971 Sq Ft Lot
- Heating Available
Listing and Financial Details
- Total Actual Rent $10,665
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
- Assessor Parcel Number M:0K09 B:0000 L:0036
Community Details
Overview
- 6 Units
- Property has 2 Levels
Building Details
- Operating Expense $42,107
- Net Operating Income $87,913
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2023 01/06/23 | Sold | $1,100,000 | -4.3% | $164 / Sq Ft |
| 11/29/2022 11/29/22 | Pending | -- | -- | -- |
| 11/11/2022 11/11/22 | Price Changed | $1,150,000 | -4.2% | $171 / Sq Ft |
| 09/12/2022 09/12/22 | For Sale | $1,200,000 | -- | $179 / 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 | $10,249 | $895,100 | $104,900 | $790,200 |
| 2024 | $7,072 | $615,500 | $98,000 | $517,500 |
| 2023 | $6,826 | $556,300 | $82,200 | $474,100 |
| 2022 | $5,954 | $471,800 | $78,300 | $393,500 |
| 2021 | $5,412 | $391,300 | $74,900 | $316,400 |
| 2020 | $4,636 | $320,800 | $72,500 | $248,300 |
| 2019 | $4,268 | $292,700 | $72,500 | $220,200 |
| 2018 | $3,342 | $228,600 | $76,800 | $151,800 |
| 2017 | $3,200 | $228,600 | $76,800 | $151,800 |
| 2016 | $3,260 | $239,200 | $93,900 | $145,300 |
| 2015 | $3,082 | $235,600 | $90,300 | $145,300 |
| 2014 | $3,233 | $257,000 | $100,300 | $156,700 |
Source: Public Records
Agents Affiliated with this Home
-
David Ferreira
-
Adam Stivaletta
Buyer's Agent in 2023
Adam Stivaletta
The Agency Boston
(781) 844-2149
1 in this area
120 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73035479
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