Address
488-494 Ridge St, Fall River, MA
Price
$ 2,449,500
Property Attributes
- MLS#73241095
- TypeMulti-Family
- CountyBRISTOL
- CityFall River
- Zip02724
- Style5-9 Family
- Year Built1900
- Taxes$ 11989
- Price$ 2,449,500
- Bedrooms18
- Full Bathrooms9
- Half Bathrooms0
- Sqr Footage7000
- Lot Size0.16 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
This spacious 9-unit property is located in the South end of the city, close to Saint Anne's Hospital. The property consists of 2 separate buildings on one parcel. The back building contains 3 large (3) bedroom units, and the front building layout consists of three (2) bedroom units and three (1) bedroom units. This property is to be sold as a package together with the North end property located at 293 Crescent Street of 6 units for a combined total package of 15 apartments. Perfect property for investors with a projected gross income of 300K plus. Possible owner financing available for well qualified buyers. Neither seller nor agent, make any representations as to the accuracy of any information contained herein. Buyer(s) and buyer(s) agent must conduct their own due diligence, verification, research and are relying solely on the same. SELLERS HAVE NEVER OCCUPIED PROPERTY.
| Price History | |
|---|---|
| 5/21/2024 | Listed $2,449,500 |
General Features
| Interior Features | Laundry Room,Living Room,Kitchen,Family Room |
|---|---|
| Sewer | Public Sewer |
| Utilities | for Gas Range,for Electric Range |
| Roof | Shingle |
| Appliances | Washer,Dryer,Range,Refrigerator |
| Exterior Features | Rain Gutters |
| Zoning | N/A |
| Construction Materials | Frame |
| Exclusions | All Of The Tenant's Personal Belongings. |
| Year Built | 1900 |
| Electric | Circuit Breakers,100 Amp Service |
| View | City View(s) |
| Property SubType | 5-9 Family |
| Tax Year | 2024 |
| Community Features | Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University,Sidewalks |
| County | Bristol |
| Operating Expense | 27459 |
| Insurance Expense | 10000 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Hot Water),Unit 2(Hot Water),Unit 3(Hot Water),Unit 4(Heat,Hot Water) |
| Total Rooms | 28 |
| Status | Active |
| Directions | USE GPS |
| City | Fall River |
| Disclosures | Taxes are combined total for the two buildings. Package deal with MLS # 73241093. SELLERS HAVE NEVER OCCUPIED PROPERTY. |
| View Y/N | Yes |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 9 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7013 |
| Waterfront Y/N | No |
| Year Built Details | Approximate |
| Tax Annual Amount | 11989 |
| Electric Expense | 1398 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 5235 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1043400 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Unfinished |
|---|---|
| Flooring | Carpet,Varies,Hardwood |
| Total Stories | 8 |
| Window Features | Screens |
| Fireplace Y/N | No |
| Full Baths | 9 |
| Total Bedrooms | 18 |
| Total Baths | 9 |
Exterior Features
| Lot Features | Level |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.16 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 7000 |
| Lot Size Acres | 0.16 |
| Road Surface Type | Paved |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
| 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 02724
Price
Taxes
Visits
Year Built
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IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.
