Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
Property Features
Cooling Information
Ceiling Fan(s)
Heating Information
Natural Gas
Water Features
Public
House Interior
Ceiling Fan(s)
Parking
Off Street
Basement
Full
School Information
School Information for 229 Tripp Street, Fall River, MA 02724