Seller's Agent in 2024
John Pentore
Horvath & Tremblay
(781) 484-8166
4 in this area
47 Total Sales
Cherry and High Fall River, MA 02720
Bank Street Neighborhood
25
Beds
25
Baths
13,274
Sq Ft
0.42
Acres
Highlights
- Medical Services
- Property is near public transit
- 5-minute walk to Ruggles Park
- 0.42 Acre Lot
About This Home
As of May 2024Cherry & High is a multi-family portfolio in Fall River, Massachusetts consisting of four multi-family properties within three tax parcels located at 239-245High Street, 435 Cherry Street, and 447 Cherry Street and containing twenty-five (25) units comprised of twenty 1-Bedroom/1-Bathroom units and five Studio units. The buildings are master metered; the Landlord is responsible for electricity, heat, hot water and domestic water & sewer. Since acquisition in 2018, the majority of the units have been renovated, featuring updated kitchens and bathrooms. The Properties have new replacement windows, new roofs, and have been recently painted. 239-245 Cherry has on-site laundry, 435 Cherry has a new gas boiler, and 447 Cherry has parking for Eight (8) vehicles. 239 & 245 High St (MLS ID: 73185647) can be purchased as a package. 435 Cherry St (MLS ID: 73185648) and 447 Cherry St (MLS ID: 73185649) can be purchased individually.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,442
Year Built
- Built in 1900
Lot Details
- 0.42
Home Design
- Shingle Roof
Interior Spaces
- 13,274 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 25 Bedrooms
- 25 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 8 Car Parking Spaces
- Leased Parking
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- 0.42 Acre Lot
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $25,868
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water)
Community Details
Building Details
- Operating Expense $146,170
- Net Operating Income $172,046
Additional Features
- 25 Units
- Medical Services
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2024 05/09/24 | Sold | $2,420,000 | -0.2% | $182 / Sq Ft |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 12/06/2023 12/06/23 | For Sale | $2,425,000 | -- | $183 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
John Pentore
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73185650
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