L
Seller's Agent in 2022
Lee Ann Phillips
Keller Williams Elite
(774) 644-3571
1 in this area
27 Total Sales
288 Locust St Fall River, MA 02720
Lower Highlands Neighborhood
9
Beds
8
Baths
3,404
Sq Ft
3,485
Sq Ft
Highlights
- Deck
- Wood Flooring
- Porch
- Property is near public transit and schools
- Corner Lot
- Shops
About This Home
As of July 2022Beautifully 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!
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 and 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
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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 |
|---|---|---|---|---|
| 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
| 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 | $5,507 | $481,000 | $113,500 | $367,500 |
| 2024 | $4,987 | $434,000 | $111,300 | $322,700 |
| 2023 | $4,666 | $380,300 | $100,300 | $280,000 |
| 2022 | $4,117 | $326,200 | $94,600 | $231,600 |
| 2021 | $3,814 | $275,800 | $90,400 | $185,400 |
| 2020 | $3,334 | $230,700 | $86,300 | $144,400 |
| 2019 | $3,176 | $217,800 | $90,200 | $127,600 |
| 2018 | $2,999 | $205,100 | $90,800 | $114,300 |
| 2017 | $2,871 | $205,100 | $90,800 | $114,300 |
| 2016 | $2,768 | $203,100 | $93,600 | $109,500 |
| 2015 | $2,721 | $208,000 | $93,600 | $114,400 |
| 2014 | $2,724 | $216,500 | $93,600 | $122,900 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Ann Phillips
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72924388
APN: FALL M:0O-01 B:0000 L:0053
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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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