S
Seller's Agent in 2025
Stephanie Barbusci
Dan Saffer
337 Columbia St Fall River, MA 02721
Sandy Beach Neighborhood
4
Beds
4.5
Baths
4,416
Sq Ft
2,840
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Home Office
- Property is near public transit
- Corner Lot
- Cooling System Mounted In Outer Wall Opening
About This Home
As of August 2024Attention savvy investors! Discover a golden opportunity in the heart of Fall River with this prime mixed-use, 5-unit building. Featuring 4 fully rented one-bedroom residential units on tenant-at-will leases and a long-term commercial tenant secured for the next 3 years, this property promises steady income. Recent updates include a newer rubber roof, a remodeled first floor, and modern upgrades throughout, ensuring top-notch quality. With the upcoming commuter rail expected in a few years, the cash cow potential is immense. Conveniently located near local shopping and highway entrances, this low-maintenance property with separate utilities is a strategic investment in the future. Don’t miss out—contact us today to schedule a viewing and secure your prosperous investment in Fall River!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,582
Year Built
- Built in 1900
Lot Details
- 2,840 Sq Ft Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 4,416 Sq Ft Home
- Ceiling Fan
- Living Room
- Home Office
- Range
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
- Separate Shower
Unfinished Basement
- Walk-Out Basement
- Interior Basement Entry
Parking
- 2 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- 1 Cooling Zone
- 5 Heating Zones
- Separate Meters
Listing and Financial Details
- Total Actual Rent $5,100
- Rent includes unit 2(none), unit 3(none), unit 4(none)
- Tax Lot 0073
- Assessor Parcel Number 2827912
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $72,000
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $260,000 | Commercial | |
| Closed | $75,000 | Second Mortgage Made To Cover Down Payment | |
| Closed | $358,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $719,900 | -2.7% | $163 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $739,900 | +12.1% | $168 / Sq Ft |
| 08/09/2024 08/09/24 | Sold | $660,000 | -5.7% | $149 / Sq Ft |
| 06/18/2024 06/18/24 | Pending | -- | -- | -- |
| 06/12/2024 06/12/24 | For Sale | $699,900 | -- | $158 / 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 | $5,582 | $622,500 | $111,400 | $511,100 |
| 2024 | $5,582 | $485,800 | $106,000 | $379,800 |
| 2023 | $0 | $312,300 | $96,300 | $216,000 |
| 2022 | $0 | $312,300 | $96,300 | $216,000 |
| 2021 | $0 | $314,300 | $94,900 | $219,400 |
| 2020 | $6,647 | $301,700 | $99,300 | $202,400 |
| 2019 | $6,203 | $317,200 | $99,300 | $217,900 |
| 2018 | $0 | $293,900 | $99,300 | $194,600 |
| 2017 | -- | $283,100 | $99,300 | $183,800 |
| 2016 | -- | $278,500 | $99,300 | $179,200 |
| 2015 | -- | $278,500 | $99,300 | $179,200 |
| 2014 | -- | $294,500 | $99,300 | $195,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Luis Martins
Seller's Agent in 2024
Luis Martins
RE/MAX
(774) 360-1997
5 in this area
394 Total Sales
-
ChangBae Son
C
Buyer's Agent in 2024
ChangBae Son
Premier Realty Group - Lexington
1 in this area
21 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73251391
APN: FALL-000007I-000000-000073
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