MA
Bristol
Fall River
02720
801 N Main St
801 N Main St, Fall River, MA 02720
Share Listing
Listing Type
Multi Family
Listing Status
Active
20
$1,200,000

Home Details for 801 N Main St

Price
$1,200,000
Type
Residential Income
Bedrooms
12
Total Bathrooms
9
Full Bathrooms
9
Square feet
6414
Year built
1882
Lot size acres
0.16
County
Bristol
Total rooms
22
Garage
1
Basement
Walk-Out Access, Interior Entry
MLS Listing#
73507804
Property Description

799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River’s most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collect

Property Features
  • Basement
    • Walk-Out Access
    • Interior Entry
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: BOND BROKERAGE - 401-533-1021
Presented by: Donald Martone
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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