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Address
386 2nd St., Fall River, MA
Price
$ 825,000
Property Attributes
  • MLS#73200376
  • TypeMulti-Family
  • CountyBRISTOL
  • CityFall River
  • Zip02720
  • Style5-9 Family
  • Year Built1924
  • Taxes$ 10675
  • Price$ 825,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms2
  • Sqr Footage4837
  • Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Investors Take Notice! Mix use commercial/residential property situated in the heart of downtown Fall River, MA. Consists of two storefronts and six residential apartments each with 1 bedroom, 6 off street parking spaces, and a new roof. Easy access to routes 195/24/79. Walking distance from the new MBTA train station. local restaurants, shopping, and more. All occupants TAW, rents are $650, $850, $675, $400, $725, $825, $600, one vacancy. Don't miss this opportunity. Schedule your showing today!!!!

Price History
2/7/2024 Listed $925,000
3/13/2024 11% - $825,000

General Features

Sewer Public Sewer
Utilities for Gas Range
Roof Shingle,Rubber
Zoning CBD
Construction Materials Frame
Year Built 1924
Electric 60 Amps/Less
Property SubType 5-9 Family
Tax Year 2024
Gross Income 56700
Community Features Public Transportation,Shopping,Medical Facility,Laundromat,Highway Access,House of Worship
County Bristol
Net Operating Income 32625
Operating Expense 13400
Insurance Expense 5000
Property Type Residential Income
Garage Y/N No
Total Rooms 24
Status Active
Directions Please Use GPS
City Fall River
Disclosures Buyer and Buyer's agent must conduct their own due diligence,verifications,and research and are not to rely solely on the information contained herein.
Senior Community Y/N No
Total Units 8
Lot Size Square Feet 4069
Waterfront Y/N No
Street Name 2nd St.
Year Built Details Actual
Tax Annual Amount 10675
Home Warranty Y/N No
Water Sewer Expense 2400
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 558700
Total Actual Rent 2550
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Unfinished
Total Stories 9
Fireplace Y/N No
Full Baths 6
Half Baths 2
Total Bedrooms 6
Total Baths 8

Exterior Features

Parking Features Off Street
Lot Features Corner Lot
Water Source Public
Total Parking 6
Lot Size Area 0.09
Foundation Details Concrete Perimeter
Spa No
Building Area Total 4837
Lot Size Acres 0.09
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Public
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02720

Price
AVG $700K
$830K
Taxes
AVG $6,437
$10,675
Visits
AVG 218
196
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1924

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