Address
456 Eastern Ave, Fall River, MA
Price
$ 850,000
Property Attributes
- MLS#73236815
- TypeMulti-Family
- CountyBRISTOL
- CityFall River
- Zip02184
- Style5+ Family - 5+ Units Up/Down
- Year Built1900
- Taxes$ 8146
- Price$ 850,000
- Bedrooms7
- Full Bathrooms7
- Half Bathrooms0
- Sqr Footage4012
- Lot Size0.12 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Great investment opportunity. 7 one bedroom units in excellent condition. 100% occupancy when purchased. Market rents. Currently professionally managed. An easy investments do not come along that often, Close on this wonderful opportunity and sit back and reap the rewards. Off street non permitted parking plentiful. Nice yard that could be potentially be a parking area. Wide staircases for easy moving of furniture. All units pay their own electric heat.
| Price History | |
|---|---|
| 5/13/2024 | Listed $950,000 |
| 5/30/2024 | 11% - $850,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Utilities | for Gas Range |
| Zoning | G |
| Construction Materials | Brick |
| Year Built | 1900 |
| Property SubType | 5+ Family - 5+ Units Up/Down |
| Tax Year | 2024 |
| Gross Income | 88200 |
| Community Features | Public Transportation,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School |
| County | Bristol |
| Net Operating Income | 75304 |
| Operating Expense | 12896 |
| Insurance Expense | 5746 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water) |
| Total Rooms | 21 |
| Status | Active |
| Directions | GPS Near Lafayett park |
| City | Fall River |
| Disclosures | Unit 6 is a lease for $1150 1/25,Unit 2 lease 04/25 $1000,Unit 7 is in process of being rented by management company. Buyer and buyers agent to research adding any additional parking. |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 7 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5088 |
| Waterfront Y/N | No |
| Year Built Details | Actual |
| Tax Annual Amount | 8146 |
| Electric Expense | 3000 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 2650 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 709000 |
| Total Actual Rent | 7350 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | Yes |
Interior Features
| Basement | Unfinished |
|---|---|
| Flooring | Wood,Tile,Laminate |
| Total Stories | 3 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 7 |
| Total Bedrooms | 7 |
| Total Baths | 7 |
Exterior Features
| Lot Features | Corner Lot,Level |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.12 |
| Foundation Details | Irregular |
| Spa | No |
| Building Area Total | 4012 |
| Lot Size Acres | 0.12 |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
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 02184
Price
Taxes
Visits
Year Built
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