NOT LISTED FOR SALE

55 Reuben St Fall River, MA 02723

Flint Neighborhood
54 Beds
22 Baths
20,376 Sq Ft
0.37 Acres

Last Sold January 31, 2017

Last sale price $725,000 $36 Per Sq Ft

250 Days on Market

About This Home

As of January 2017

ATTENTION INVESTORS! must sell 22 UPDATED RENOVATED APARTMENTS FULLY DELEADED. Gross income of $178200. NOI of $127000 and a great 13% Cap rate. Turnkey great investment. Updated kitchens, baths, windows, maintenance free exterior vinyl siding and roof less than 10 years old. All utilities are seperate for these 4 seperate very clean buildings. Selling as a package on the same corner lot, but they are already subdivided and you can sell them seperately in the future. EXCELLENT INCOME OF ~$15, 000 Per month. Eleven 3 bedrooms, Ten 2 bed and One 1 bed. 18 parking spaces. .(2)6 FAMS, (1)7 FAM, (1)3 FAM. Buildings are in the heart of Downtown Fall River which provides easy access to I-195, Route 79, and walking distance to many stores, restaurants, parks and shopping. Solid rental history and at only $53,000 per unit! owners have other projects on their plate. Package consists of 55-75 Reuben and 299-301 Quequechan St. once listed for 1,999,000.

Last Agent to Sell the Property

Tom Gamache

Amaral & Associates RE License #450500956 Listed on: 04/25/2016

Last Buyer's Agent

Tom Gamache

Amaral & Associates RE License #450500956 Listed on: 04/25/2016

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Multi-family
  • Insc: 12000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
  • Basement: Full
  • Total Levels: 2

Exterior Features

  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 18

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 22

Lot Info

  • Zoning: res

Multi Family

  • APOD Available: Yes
  • Total Bedrooms: 54
  • Total Floors: 3
  • Total Full Baths: 22
  • Total Levels: 3
  • Total Rms: 89
  • Total Rent_1: 14850
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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 List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $725,000 -19.0% $36 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
10/07/2016 10/07/16 Price Changed $895,000 -5.7% $44 / Sq Ft
08/04/2016 08/04/16 Price Changed $949,000 -11.7% $47 / Sq Ft
07/09/2016 07/09/16 Price Changed $1,075,000 -9.3% $53 / Sq Ft
04/25/2016 04/25/16 For Sale $1,185,000 -- $58 / 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 $6,603 $576,700 $102,100 $474,600
2024 $5,897 $513,200 $95,400 $417,800
2023 $5,239 $427,000 $80,000 $347,000
2022 $4,204 $363,700 $76,200 $287,500
2021 $4,204 $304,000 $72,900 $231,100
2020 $3,633 $251,400 $70,500 $180,900
2019 $3,364 $230,700 $70,500 $160,200
2018 $3,184 $217,800 $73,900 $143,900
2017 $3,049 $217,800 $73,900 $143,900
2016 $2,831 $207,700 $69,700 $138,000
2015 $2,717 $207,700 $69,700 $138,000
2014 $3,095 $246,000 $97,600 $148,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tom Gamache

    Amaral & Associates RE

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71993552

MLS Property Information Network (MLS PIN)
Massachusetts Bristol County Fall River 02723 Flint

55 Reuben St, Fall River, MA

Not Listed for Sale

MultiFamily

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