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Key Details
Sold Price $566,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,359 sqft
Price per Sqft $129
MLS Listing ID 73299304
Sold Date 11/08/24
Bedrooms 11
Full Baths 6
Year Built 1900
Annual Tax Amount $5,796
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Description
*Group Showing scheduled Saturday 10/12 10am.* Prime Investment Opportunity in Fall River, MA – 6-Unit Rental Property. This property consists of one 3-bedroom, three 2-bedroom, and two 1-bedroom apartments, offering a diverse mix of floor plans to attract a range of tenants. Conveniently situated near popular shopping destinations, restaurants, and just steps away from a laundromat, this property offers tenants the ultimate in convenience and accessibility. Its prime location ensures strong rental demand in a bustling area close to all essential amenities. Each unit requires some level of renovations, giving the future owner the chance to customize and upgrade the spaces to maximize rental income. With thoughtful updates, this property has the potential to become a high-performing, long-term asset in an emerging market. This property provides substantial upside. Once fully renovated, the strategic location and spacious unit mix will make it a valuable addition to any portfolio
Location
State MA
County Bristol
Zoning B-L
Direction GPS
Rooms
Basement Full, Concrete, Unfinished
Interior
Flooring Wood, Vinyl
Basement Type Full,Concrete,Unfinished
Exterior
Fence Fenced/Enclosed
View Y/N Yes
View City View(s)
Roof Type Shingle
Garage No
Building
Lot Description Cleared
Story 9
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Christopher Messier • Century 21 The Seyboth Team
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Ryan Askew
Sales Associate | License ID: 9578345
Sales Associate License ID: 9578345