Seller's Agent in 2024
Eric Alberto
Lamacchia Realty, Inc.
(508) 837-9598
5 in this area
82 Total Sales
62 Morton St Fall River, MA 02720
Western Fall River Neighborhood
17
Beds
8
Baths
5,569
Sq Ft
7,396
Sq Ft Lot
About This Home
As of April 2024****INVESTMENT OPPORTUNITY**** 8 family home in the North End of Fall River just minutes away from the eagerly anticipated commuter rail slated for completion this year. Don't miss out on this rare opportunity to invest in a well-cared for multi family home with strong income potential. This property includes off street parking, separate utilities, vinyl siding, and much more. Situated in a desirable area known for its community feel and accessibility, this property represents not just a financial investment but also an investment in a thriving neighborhood. With its proximity to transportation, local amenities, and the upcoming commuter rail, this multi-family home is poised for both immediate and long-term value growth. Building is fully occupied and all tenants are "At Will". No leases in place.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,731
Year Built
- Built in 1900
Lot Details
- 7,396 Sq Ft Lot
- Cleared Lot
Home Design
- 5,569 Sq Ft Home
- Stone Foundation
Bedrooms and Bathrooms
- 17 Bedrooms
- 8 Full Bathrooms
Parking
- 8 Car Parking Spaces
- Off-Street Parking
Listing and Financial Details
- Total Actual Rent $7,500
- Assessor Parcel Number M:0S15 B:0000 L:0024,2836987
Community Details
Overview
- 8 Units
- Property has 1 Level
Building Details
- Net Operating Income $31,200
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
Jan 15, 2024
Closed on
Apr 24, 2024
Sold by
Bought by
Seller's Agent
Eric Alberto
Lamacchia Realty, Inc.
Buyer's Agent
Adam Stivaletta
Keller Williams Realty Boston South West
List Price
$1,200,000
Sold Price
$1,200,000
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
0.0679%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2021
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 |
|---|---|---|---|
| $1,200,000 | None Available | ||
| -- | None Available |
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 |
|---|---|---|---|
| Closed | $1,200,000 |
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 |
|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $1,200,000 | 0.0% | $215 / Sq Ft |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $1,200,000 | -- | $215 / 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 | $8,447 | $737,700 | $127,700 | $610,000 |
| 2024 | $7,582 | $659,900 | $122,900 | $537,000 |
| 2023 | $6,731 | $548,600 | $105,400 | $443,200 |
| 2022 | $5,847 | $463,300 | $95,800 | $367,500 |
| 2021 | $5,312 | $384,100 | $88,600 | $295,500 |
| 2020 | $4,573 | $316,500 | $84,800 | $231,700 |
| 2019 | $4,173 | $286,200 | $80,800 | $205,400 |
| 2018 | $3,858 | $263,900 | $79,300 | $184,600 |
| 2017 | $3,717 | $265,500 | $80,900 | $184,600 |
| 2016 | $3,560 | $261,200 | $84,200 | $177,000 |
| 2015 | $3,376 | $258,100 | $81,100 | $177,000 |
| 2014 | $3,468 | $275,700 | $85,400 | $190,300 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Alberto
-
Adam Stivaletta
Buyer's Agent in 2024
Adam Stivaletta
Keller Williams Realty Boston South West
(781) 844-2149
1 in this area
124 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73193486
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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