MA > Fall River
Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
$ 799,000
Est. payment | /mo

8 Beds

6 Baths

4,325 SqFt

Save
$ 799,000
Est. payment | /mo
Save

8 Beds

6 Baths

4,325 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,325 sqft

Price per Sqft $184

MLS Listing ID 73350104

Bedrooms 8

Full Baths 6

Year Built 1900

Annual Tax Amount $5,634

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5-9 Family

Property Description

Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don't miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there's significant opportunity to increase cash flow. The 6 well-maintained units are ideal for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don't miss out—schedule a showing today! Buy as a package deal with MLS# 73350103

Location

State MA

County Bristol

Zoning 6 Family

Direction GPS

Rooms

Basement Full

Interior

Flooring Wood

Exterior

Exterior Feature Rain Gutters, Other

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other

Utilities Available for Gas Range

Roof Type Other

Garage No

Building

Lot Description Corner Lot, Other

Story 9

Foundation Block, Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by NextGen Realty, Inc.
agent-avatar

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA, 01950, United States

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