NOT LISTED FOR SALE
9 Beds
9 Baths
4,076 Sq Ft
4,909 Sq Ft Lot

Last Sold September 03, 2024

Last sale price $940,000 $231 Per Sq Ft

23 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shops
  • Wood Flooring
  • Living Room
  • Baseboard Heating

About This Home

As of September 2024

Attention investors, great opportunity to own this fully rented 9-unit Multi-Family generating $121,548 in Gross Income with a potential for $137,700 at market rents. All units are 2-room studios with wood floors, full kitchen and full bath. This incredibly well maintained building has newer roof, heat and hot water as well as an updated central fire system for the common areas. Electric is updated and all knob and tube wiring has been removed by a licensed electrician. There are 4 off street parking spaces and Coin Operated Laundry in the basement. Conveniently located near St Ann's Hospital and Kennedy Park and under 2 miles to the new Fall River Commuter Rail Station. Please text or email for an appointment. Group Showing 7/22/24 1 PM

Last Agent to Sell the Property

Joni Shore

Douglas Elliman Real Estate - Wellesley Listed on: 07/16/2024

Douglas Elliman Real Estate - Wellesley

Co-Listed By

Douglas Nahigian

Douglas Elliman Real Estate - Wellesley

Last Buyer's Agent

Jordan Pavao

Keller Williams South Watuppa

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 1900

Lot Details

  • 4,909 Sq Ft Lot
  • Fenced
  • Irregular Lot
  • Cleared Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,076 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Full Bathrooms

Parking

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

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit

Utilities

  • 1 Heating Zone
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $10,129
  • Rent includes unit 1(heat electric hot water), unit 2(heat electric hot water), unit 3(heat electric hot water), unit 4(heat electric hot water)
  • Assessor Parcel Number M:0I13 B:0000 L:0015,2828274

Community Details

Amenities

  • Shops
  • Coin Laundry

Additional Features

  • 9 Units
  • Net Operating Income $121,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,026

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 9
  • Full Bathrooms: 9
  • Total Bathrooms: 9
  • Total Bathrooms: 9
  • Basement: Full
  • Living Area: 4076
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4282
  • LIST PRICE PER Sq Ft: 257.61
  • PRICE PER Sq Ft: 230.62
  • MAIN SO: AN3817

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone, Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship
  • Rent Includes: Unit 1(Heat,Electric,Hot Water), Unit 2(Heat,Electric,Hot Water), Unit 3(Heat,Electric,Hot Water), Unit 4(Heat,Electric,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0I13 B:0000 L:0015,2828274
  • Zoning: A-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4909
  • Lot Size Units: Acres
  • PAGE: 136
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5026
  • Tax Book Number: 10921

Multi Family

  • Gross Income: 121548
  • Net Operating Income: 121548
  • Number Of Units Total: 9
  • Total Actual Rent: 10129
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y

Range of Values:

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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
09/03/2024 09/03/24 Sold $940,000 -10.5% $231 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $1,050,000 +50.0% $258 / Sq Ft
02/14/2022 02/14/22 Sold $700,000 -12.5% $172 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
10/28/2021 10/28/21 For Sale -- -- --
10/06/2021 10/06/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $799,900 -- $196 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73265169

MLS Property Information Network (MLS PIN)

APN: FALL M:0I-13 B:0000 L:0015