NOT LISTED FOR SALE

729 Woodman St Fall River, MA 02724

Sandy Beach Neighborhood
16 Beds
8 Baths
6,432 Sq Ft
9,716 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $1,030,000 $160 Per Sq Ft

15 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • Level Lot
  • Wood Flooring
  • Garden
  • Heating Available

About This Home

As of July 2022

EXCEPTIONAL OPPORTUNITY TO OWN 8 UNITS ( TWO 4-FAMILY BUILDINGS) IN DESIRABLE SOUTH END LOCATION. NUMEROUS UPGRADES INCLUDE WINDOWS (4 YEARS), ROOF (10-12 YEARS), RECENT PAINT AND FLOORING. BOTH PROPERTIES ARE IN EXCELLENT CONDITION. (729 BEING SOLD WITH 715 WOODMAN). TWO GARDEN STYLE APARTMENT BUILDINGS WITH STRONG RENTAL HISTORY AND CASH FLOW. OFF STREET PARKING

Last Agent to Sell the Property

Louise Hill

Equity Real Estate License #450500341 Listed on: 06/03/2022

Equity Real Estate

Last Buyer's Agent

Brian Philips

Alfonso Realty Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,562

Year Built

  • Built in 1968

Lot Details

  • 9,716 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,432 Sq Ft Home
  • Insulated Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • No Cooling
  • 8 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater
  • Water Heater Leased

Listing and Financial Details

  • Total Actual Rent $7,500
  • Rent includes unit 1(heat water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
  • Tax Lot 04-05
  • Assessor Parcel Number M:0B05 L:0504

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $2,672
  • Water Sewer Expense $4,124
  • Operating Expense $42,780
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,562

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1968
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans), Unit 3(Ceiling Fans), Unit 4(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Other (See Remarks)), Unit 3 Rooms(Living Room,Kitchen,Other (See Remarks)), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater,Tank Water Heater,Leased Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 16
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Partial, Interior Entry, Concrete, Unfinished
  • Living Area: 6432
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: FR0068
  • MAIN SO: NB1656

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 8
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, House of Worship, Sidewalks
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water), Unit 4(Heat,Hot Water)

Fee Information

  • Water Sewer Expenses: 4124

Lot Info

  • Parcel Number: M:0B05 L:0504
  • Zoning: R-4
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9716
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8562
  • Tax Block: 0000
  • Tax Lot: 04-05

Multi Family

  • Electric Expense: 2672
  • Net Operating Income: 40000
  • Number Of Units Total: 8
  • Operating Expense: 42780
  • Total Actual Rent: 7500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
07/14/2022 07/14/22 Sold $1,030,000 -14.2% $160 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $1,200,000 -- $187 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Louise Hill

    Equity Real Estate

    Section Image

  • B

    Buyer's Agent in 2022

    Brian Philips

    Alfonso Realty Co.

    (401) 935-1576

    2 in this area

    5 Total Sales

    Brian Philips
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72991940

MLS Property Information Network (MLS PIN)
Massachusetts Bristol County Fall River 02724 Sandy Beach

729 Woodman St, Fall River, MA

Not Listed for Sale

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