$1,800,000
$2,000,000
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254-276 Fourth Street Fall River, MA 02721
49 Beds
16 Baths
15,989 SqFt
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Sold
Purchase Type For Sale
Square Footage 15,989 sqft
Price per Sqft $112
MLS Listing ID 72943540
Sold Date 08/24/22
Bedrooms 49
Full Baths 15
Half Baths 2
Year Built 1900
Annual Tax Amount $18,836
Tax Year 2022
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type 5+ Family - Rooming House
Property Description
254, 270, 276 Fourth & 195-197 Rodman Street. The Portfolio consists of four (4) buildings centered around downtown Fall River with a total of forty-five (45) units made up of nine (9), 1-Bedroom/1 Bathroom units, one (1), 2-Bedroom/1-Bathroom unit, one (1), 5-Bedroom/1-Bathroom unit and thirty-three (33), Single-Room units. Additionally, there is an on-site office located within 254 Fourth Street that is utilized by property management. The single room units have access to six and one half shared bathrooms and five shared kitchens. The Portfolio contains 15,889 square feet of living area situated on a total of 0.38-acres of land (on three tax parcels) with on-site parking for eighteen (18) vehicles. The Properties enjoy close proximity to the Charlton Memorial Hospital, and the future Fall River Train Station (MBTA – Stoughton Line) which is scheduled to open in 2023. Below market rents offer the potential for increased income for each of the properties.
Location
State MA
County Bristol
Zoning A-2
Direction Off of Rodman Street
Interior
Interior Features Other, Other (See Remarks)
Heating Other
Cooling Other
Appliance Other, Oil Water Heater, Gas Water Heater
Exterior
Community Features Public Transportation, Shopping, Park, Highway Access, House of Worship, Other
Waterfront Description Beach Front
Roof Type Shingle
Total Parking Spaces 20
Garage No
Building
Lot Description Corner Lot
Story 8
Foundation Brick/Mortar, Other
Sewer Public Sewer
Water Public
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Bought with Spencer Smith • Horvath & Tremblay






