$1,350,000
$1,350,000
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454 & 466 Third Street Fall River, MA 02721
19 Beds
12 Baths
8,260 SqFt
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,260 sqft
Price per Sqft $163
MLS Listing ID 72940362
Sold Date 04/26/22
Bedrooms 19
Full Baths 12
Year Built 1900
Annual Tax Amount $9,224
Tax Year 2021
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type 5-9 Family
Property Description
TURNKEY investment opportunity! Two 6 Families on 1 Lot. 454 and 466 Third Street containing 12 total rental units in total! #454 consists of 2 two-bedroom units and 4 one-bedroom units. #466 consists of 6 two-bedroom units. Fully rented and great cash flow. Great cash flow with current rents of $127,200 and room for increases with market rents of $162,000. Well maintained and updated in the last couple years. Possible expansion of the 4th floor for additional units. Plenty of off-street parking for tenants. All separate utilities. Fully rented with excellent rental history. Invest In Fall River!!! Very rare do you see a well maintained 12 unit come up for sale!!! Group showing scheduled for Saturday, February 19th at 1:30 and 2:00 PM. And 49 Hamlet Street group showing on Saturday February 19th at 12:00 Noon and 12:30 PM. Maybe purchased as a package with 49 Hamlet Street. MLS #72940365
Location
State MA
County Bristol
Zoning A-2
Direction Corner of Third Street and Morgan Street. Please use GPS.
Rooms
Basement Full
Interior
Flooring Other
Appliance Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven
Laundry Washer Hookup
Exterior
Community Features Public Transportation, Shopping, Highway Access, Public School
Utilities Available for Gas Range, for Electric Oven, Washer Hookup
Roof Type Shingle
Total Parking Spaces 16
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
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Bought with Ron Ifrah • Longwood Residential, LLC