Seller's Agent in 2024
Sandy Andersen
The Real Estate Collaborative
(781) 361-0003
1 in this area
66 Total Sales
85 Shawmut St Fall River, MA 02720
Bank Street Neighborhood
9
Beds
4
Baths
3,987
Sq Ft
5,144
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Bathtub with Shower
- Property is near public transit
- Home Office
- Patio
About This Home
As of October 2024No showings until the 1st open house 7/14- please DO NOT walk the property. This property represents a fantastic opportunity for an investor seeking a well-maintained, income-producing asset with easy access to the highway and just 1.5 miles from the new Fall River commuter rail train station. Each unit is generously sized with three bedrooms, one full bath, a living room, a dining room, & an eat in kitchen. 1st floor has been completely renovated and has exclusive access to a bonus family room, office area and 2nd full bath with laundry in the partially finished basement. Lead paint letters of compliance already in hand for 2nd and 3rd floor units. Some key features include a newer roof, updated furnaces, 3 newer hot water tanks, separately metered gas & separately metered electric for each unit, a maintenance-free exterior, off-street parking for at least two vehicles, a fenced-in private rear yard, & a full basement with secure storage rooms and multiple washer & dryer connection
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,476
Year Built
- Built in 1900
Lot Details
- 5,144 Sq Ft Lot
- Fenced
- Level Lot
Parking
- 2 Car Garage
- Open Parking
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,987 Sq Ft Home
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Home Office
- Partially Finished Basement
- Interior Basement Entry
- Range
- Washer and Gas Dryer Hookup
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Baseboard Heating
- Separate Meters
Listing and Financial Details
- Total Actual Rent $5,350
- Rent includes unit 1(water), unit 2(water), unit 3(water)
Community Details
Overview
- 3 Units
- Property has 2 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Electric Expense $220
- Insurance Expense $3,250
- Water Sewer Expense $1,700
- Operating Expense $6,170
- Net Operating Income $58,030
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $750,000 | +7.2% | $188 / Sq Ft | |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- | |
| 09/09/2024 09/09/24 | For Sale | $699,900 | +84.2% | $176 / Sq Ft | |
| 07/16/2019 07/16/19 | Sold | $380,000 | +5.6% | $95 / Sq Ft | View Prior Sale |
| 05/21/2019 05/21/19 | Pending | -- | -- | -- | |
| 05/13/2019 05/13/19 | For Sale | $359,900 | -- | $90 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Sandy Andersen
-
Merysa Berrios Sevilla
M
Buyer's Agent in 2024
Merysa Berrios Sevilla
Vicente Realty, LLC
(508) 493-7792
4 in this area
92 Total Sales
-
Philip Rebello
P
Seller's Agent in 2019
Philip Rebello
revolv Real Estate
(508) 955-0999
5 in this area
55 Total Sales
-
Gary Brown
Buyer's Agent in 2019
Gary Brown
Conway - Lakeville
(508) 951-8806
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73287115
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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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