NOT LISTED FOR SALE

288 Locust St Fall River, MA 02720

Lower Highlands Neighborhood
9 Beds
8 Baths
3,404 Sq Ft
3,319 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $449,900 $132 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Property is near public transit
  • Corner Lot
  • Shops

About This Home

As of July 2022

Beautifully maintained 4 family located in the lower highlands, corner lot, close to major highways, (24, 79, 195) 1 and 2 bdrm units on first floor, 2 and 3 bdrm on second floor, new deck 2021, separate heating and electric 8yrs, new roof 2020, sump pump 2020, water heater 5 yrs, hardwoods throughout, rents are below market value due to long time tenants, 1 unit is currently vacant, 3 units occupied, all tenants at will. With increased rents, this can be a great investment opportunity generating up to $50,000/yr, you don't want to miss out on this one!

Last Listed By

Lee Ann Phillips

Keller Williams Elite Listed on: 12/01/2021

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 1850

Lot Details

  • 3,319 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,404 Sq Ft Home
  • Insulated Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 4 Heating Zones
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,395
  • Tax Lot 0053
  • Assessor Parcel Number M:0O01 B:0000 L:0053,2833674

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $583
  • Water Sewer Expense $2,034
  • Operating Expense $6,681
  • Net Operating Income $22,059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,814

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • Year Built: 1850
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bathrooms: 8
  • Total Bathrooms: 6
  • Living Area: 3404
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: BB2685
  • LIST PRICE PER Sq Ft: 132.17
  • PRICE PER Sq Ft: 132.17
  • MAIN SO: BB2685

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch, Deck
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School

Fee Information

  • Water Sewer Expenses: 2034

Lot Info

  • Parcel Number: M:0O01 B:0000 L:0053,2833674
  • Zoning: A-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3319
  • Lot Size Units: Acres
  • PAGE: 158

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3814
  • Tax Block: 0000
  • Tax Book Number: 3907
  • Tax Lot: 0053
  • Tax Map Number: 00-01

Multi Family

  • Electric Expense: 583
  • Gross Income: 28740
  • Net Operating Income: 22059
  • Number Of Units Total: 4
  • Operating Expense: 6681
  • Total Actual Rent: 2395
  • LEVELS 1: 1
  • LEVELS 4: 2
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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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 Change Sq Ft Price
07/14/2022 07/14/22 Sold $449,900 0.0% $132 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $449,900 -- $132 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lee Ann Phillips

    Keller Williams Elite

    (774) 644-3571

    1 in this area

    26 Total Sales

    Lee Ann Phillips
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72924388

MLS Property Information Network (MLS PIN)

APN: FALL M:0O-01 B:0000 L:0053

Massachusetts Bristol County Fall River 02720 Lower Highlands

288 Locust St, Fall River, MA

Homes for Sale in Fall River, MA

This home is located at 288 Locust St, Fall River, MA 02720 since 01 December 2021. This property was built in 1850. 288 Locust St is a home located in Bristol County with nearby schools including Mary Fonseca Elementary School, Morton 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.

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