Seller's Agent in 2022
Christopher Paiva
Paiva Real Estate Services, LLC
(774) 488-1427
2 in this area
105 Total Sales
887 2nd St Fall River, MA 02721
Saint Annes NeighborhoodEstimated Value: $715,000
8
Beds
5.5
Baths
3,989
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Granite Flooring
- Shops
- Fenced
- Property is near public transit
- Coin Laundry
- Heating Available
About This Home
As of May 2022Investors take note! Well maintained 6 Unit mixed use property offering 5 residential units and 1 store front. Includes (1) 3 bedroom unit, (1) 2 bedroom unit, and (3) 1 bedroom units. Property has seen improvements throughout the past couple of years which include but not limited to the roof, windows, siding, and electrical. One unit currently vacant and will remain vacant until sale all other tenants have occupied the property long term. Store front is currently being operated by a barbershop that has been in business for over 40 years which shows this is a great location zoned business with high visibility/traffic and close by to highway access. Property also offers off street parking. Located only 2 miles from the soon to be Fall River MBTA station. Potential NOI of $60k+. 3 units to be delivered vacant by April 1st great opportunity for you to choose your own tenants.
Last Agent to Sell the Property
Paiva Real Estate Services, LLC Listed on: 12/15/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,163
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Fenced
- Cleared Lot
Home Design
- Frame Construction
- Asphalt Roof
Interior Spaces
- 3,989 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Granite
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Heating Available
- Separate Meters
- 220 Volts
- 110 Volts
- 100 Amp Service
- 60 Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Rain Gutters
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $2,235
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Tax Lot 0036
- Assessor Parcel Number M:0G08 B:0000 L:0036,2826057
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Building Details
- Insurance Expense $2,560
- Water Sewer Expense $2,000
- Operating Expense $4,560
- Net Operating Income $27,098
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2013
Sold by
Couto 4Th Joseph
Bought by
Joseph Couto 4Th Lt
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gch Properties Llc | $610,000 | None Available | |
| Gch Properties Llc | $610,000 | None Available | |
| Gch Properties Llc | $610,000 | None Available | |
| Joseph Couto 4Th Lt | -- | -- | |
| Joseph Couto 4Th Lt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gch Properties Llc | $711,000 | |
| Closed | Gch Properties Llc | $711,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $610,000 | -4.7% | $153 / Sq Ft |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 12/15/2021 12/15/21 | For Sale | $639,900 | -- | $160 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,585 | $502,900 | $105,200 | $397,700 |
| 2024 | $5,585 | $486,100 | $100,400 | $385,700 |
| 2023 | $0 | $407,700 | $82,300 | $325,400 |
| 2022 | $4,488 | $355,600 | $85,900 | $269,700 |
| 2021 | $0 | $301,000 | $84,200 | $216,800 |
| 2020 | $4,000 | $252,800 | $83,000 | $169,800 |
| 2019 | $4,695 | $233,300 | $83,000 | $150,300 |
| 2018 | $0 | $252,100 | $83,000 | $169,100 |
| 2017 | -- | $252,100 | $83,000 | $169,100 |
| 2016 | -- | $252,100 | $83,000 | $169,100 |
| 2015 | -- | $252,100 | $83,000 | $169,100 |
| 2014 | -- | $252,100 | $83,000 | $169,100 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Paiva
-
Fred Grizotte
Buyer's Agent in 2022
Fred Grizotte
Paiva Real Estate Services, LLC
(508) 840-0553
1 in this area
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72927893
APN: FALL-000008G-000000-000036
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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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