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
Acre Lot
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
- 10,890 Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2022
Closed on
Apr 26, 2022
Sold by
Bought by
Seller's Agent
Bob Pacheco
Homeport Real Estate
List Price
$1,350,000
Sold Price
$1,350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
0.0416%
Mortgage Type
Commercial
Purchase Details
Closed on
May 7, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,000
Interest Rate
0.0445%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 9, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
0.0395%
Mortgage Type
Commercial
Purchase Details
Closed on
May 5, 2006
Sold by
Bought by
Purchase Details
Closed on
May 13, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,350,000 | None Available | ||
| $500,000 | -- | ||
| $275,000 | -- | ||
| $563,000 | -- | ||
| $500,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $997,500 | ||
| Previous Owner | $797,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $5,000 | ||
| Previous Owner | $70,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
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.
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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