NOT LISTED FOR SALE

52 Marchand St Fall River, MA 02723

Flint Neighborhood
9 Beds
7 Baths
3,031 Sq Ft
4,356 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $662,000 $218 Per Sq Ft

About This Home

As of December 2021

New to the market. Attention investors and those investors who may also want to occupy their own unit to live in. A Totally Renovated 5 Unit Investment Property. Interior has been gutted and rebuilt from the studs, no knob and tube wiring. New roof in 2015. Totally protected with sprinkler system and hard-wired smoke/carbon monoxide detectors. it features (4) two bedroom units & (1) one bedroom units. All units have open kitchens w/granite, SS appliances & nicely done bathrooms. All utilities are separate, coin-op washers and dryers located in the in basement, egress for all. Short walk to bus line. Fully leased and occupied with great hassle-free monthly rental income. The ratio of total operating expenses to the total current rental income is 21%. And there is still upside on the current monthly rent figures.

Last Agent to Sell the Property

Bob Pacheco

Homeport Real Estate Listed on: 09/26/2021

Last Buyer's Agent

Donna Arruda

RE/MAX Vantage

RE/MAX Vantage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 4,356

Additional Features

  • Property has 1 Level
  • 5 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Eastern Avenue to 52 Marchand Street or use GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Renovated Since
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Has Basement: Partial, Concrete
  • Total Bathrooms: 7
  • MAIN LO: A00302
  • LIST PRICE PER Sq Ft: 217.42
  • PRICE PER Sq Ft: 218.41
  • MAIN SO: AN6604
  • Full Bathrooms: 7
  • Total Bedrooms: 9
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Tile,Vinyl,Carpet,Laminate
  • Stories: 11
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter, Granite
  • Construction Type: Frame
  • Disclosures: None
  • Fencing: Fenced
  • Lot Features: Gentle Sloping
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Waterfront: No

Garage/Parking

  • Open Parking: Yes

Utilities

  • Heating: Unit 1(Electric)
  • SEWAGE DISTRICT: City
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • Electric: 200+ Amp Service, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community: No

Lot Info

  • LOT SIZE: 4278
  • PAGE: 165
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: G

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2
  • Annual Gross Income: 64500
  • Property Net Operating Income: 51168
  • Number Of Units Total: 5
  • Annual Operating Expense: 13332
  • Total Actual Rent: 5175

Tax Info

  • Tax Annual Amount: 3601
  • Tax Book Number: 9203
  • Tax Year: 2021

Range of Values:

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Sold Price
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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
12/10/2021 12/10/21 Sold $662,000 +0.5% $218 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/26/2021 09/26/21 For Sale $659,000 +56.2% $217 / Sq Ft
03/22/2017 03/22/17 Sold $422,000 -0.7% $139 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
09/17/2016 09/17/16 For Sale $425,000 -- $140 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bob Pacheco

    Homeport Real Estate

    (774) 313-0118

    1 in this area

    5 Total Sales

    Bob Pacheco
    Section Image

  • D

    Buyer's Agent in 2021

    Donna Arruda

    RE/MAX

    (508) 971-4228

    5 in this area

    28 Total Sales

    Donna Arruda
    Section Image
  • Craig Howard

    Seller's Agent in 2017

    Craig Howard

    Streamline Realty

    (508) 989-4766

    27 Total Sales

    Craig Howard
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72900467

MLS Property Information Network (MLS PIN)

Massachusetts Bristol County Fall River 02723 Flint

52 Marchand St, Fall River, MA

This home is located at 52 Marchand St, Fall River, MA 02723 since 26 September 2021. This property was built in 1900. 52 Marchand St is a home located in Bristol County with nearby schools including Samuel Watson, Talbot Innovation 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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