B
Seller's Agent in 2022
Bob Pacheco
Homeport Real Estate
(774) 313-0118
1 in this area
4 Total Sales
454 & 466 Third St Fall River, MA 02721
Corky Row Neighborhood
19
Beds
12
Baths
8,260
Sq Ft
0.25
Acres
Highlights
- 0.25 Acre Lot
- Corner Lot
- Shops
- Property is near public transit and schools
- Handicap Accessible
About This Home
As of April 2022TURNKEY investment opportunity! Two 6 Families on 1 Lot. 454 and 466 Third Street containing 12 total rental units in total! #454 consists of 2 two-bedroom units and 4 one-bedroom units. #466 consists of 6 two-bedroom units. Fully rented and great cash flow. Great cash flow with current rents of $127,200 and room for increases with market rents of $162,000. Well maintained and updated in the last couple years. Possible expansion of the 4th floor for additional units. Plenty of off-street parking for tenants. All separate utilities. Fully rented with excellent rental history. Invest In Fall River!!! Very rare do you see a well maintained 12 unit come up for sale!!! Group showing scheduled for Saturday, February 19th at 1:30 and 2:00 PM. And 49 Hamlet Street group showing on Saturday February 19th at 12:00 Noon and 12:30 PM. Maybe purchased as a package with 49 Hamlet Street. MLS #72940365
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,225
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 8,260 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
- Washer Hookup
Bedrooms and Bathrooms
- 19 Bedrooms
- 12 Full Bathrooms
Parking
- 16 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Handicap Accessible
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $10,100
- Tax Lot 0018
Community Details
Building Details
- Operating Expense $22,162
- Net Operating Income $105,037
Additional Features
- 12 Units
- Shops
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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 |
|---|---|---|---|---|
| 04/26/2022 04/26/22 | Sold | $1,350,000 | 0.0% | $163 / Sq Ft |
| 02/21/2022 02/21/22 | Pending | -- | -- | -- |
| 02/07/2022 02/07/22 | For Sale | $1,350,000 | -- | $163 / 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 | $16,402 | $1,432,500 | $216,000 | $1,216,500 |
| 2024 | $14,767 | $1,285,200 | $216,000 | $1,069,200 |
| 2023 | $11,495 | $936,800 | $190,800 | $746,000 |
| 2022 | $9,995 | $792,000 | $174,000 | $618,000 |
| 2021 | $9,225 | $667,000 | $170,400 | $496,600 |
| 2020 | $8,010 | $554,300 | $165,600 | $388,700 |
| 2019 | $7,790 | $534,300 | $174,000 | $360,300 |
| 2018 | $7,063 | $483,100 | $159,600 | $323,500 |
| 2017 | $6,763 | $483,100 | $159,600 | $323,500 |
| 2016 | $6,401 | $469,600 | $159,600 | $310,000 |
| 2015 | $6,142 | $469,600 | $159,600 | $310,000 |
| 2014 | $6,204 | $493,200 | $159,600 | $333,600 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Pacheco
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72940362
APN: FALL M:0I-11 B:0000 L:0018
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