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801 N Main St
Fall River, MA 02720

$1,200,000

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Listing Details

  • $1,200,000
  • MLS# 73507804
  • Type Multi Unit - Multiple
  • Status Active
  • 12
    Bedrooms
  • 9 full
    Bathrooms
  • 6,414
    Square Feet
  • 0.163 acres
    Lot Size
  • 1882
    Year Built

Listed By

Agency Name: BOND BROKERAGE
Agency Phone: 401-533-1021
Agent Name: Donald Martone

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

799??809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The plus+ is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall Rivers most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property...read more

Features

  • Tile
  • Vinyl
  • 3.0 Stories
  • $5,141 Taxes
  • Public
  • Built in 1882

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