$700,000
$679,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
3 Baths
3,282 SqFt
SOLD DATE : 02/24/2025
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,282 sqft
Price per Sqft $213
MLS Listing ID 73326814
Sold Date 02/24/25
Bedrooms 9
Full Baths 3
Year Built 1900
Annual Tax Amount $5,020
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
OFFERS DUE by 5pm on Tuesday, 1/28!Turnkey Investment Opportunity in Fall River! Don't miss this well-maintained three-family property generating $54,600 in annual rental income with room to grow. Each of the three units features 3 bedrooms and 1 bathroom, offering spacious layouts. The property has been updated for peace of mind, including electric and plumbing systems upgraded 5 years ago, a new roof installed in 2020, and lead-safe certificates for units. A coin-operated washer and dryer in the basement generate an additional $150 per month in income. All tenants are on month-to-month leases, providing flexibility for owner-occupants or investors. Located in a convenient area near schools, public transportation, and major highways, this property is poised for strong rental demand—especially with the upcoming South Coast Rail enhancing accessibility to Boston.
Location
State MA
County Bristol
Direction GPS
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s), Living Room, Dining Room, Kitchen
Heating Natural Gas
Cooling Window Unit(s)
Flooring Wood
Appliance Range, Oven, Refrigerator, Freezer, Washer
Exterior
Community Features Public Transportation, Shopping, Highway Access, Public School
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Adilson DePina • RE/MAX Synergy
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "