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137 Winter St, Fall River, MA

Fall River · MA 02720

$850,000
Price
8
Beds
8
Baths
4285
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 8 Units
Lot size: 5,445 Sq.Ft Lot
Price per square foot: $193 / Sq.Ft
Parking: 1 Off Street Space

About this home

Listed at a 8.58% cap rate on current income and $103,125 per unit, 137 Winter Street is well-located in a highly desired, densely populated residential neighborhood in the Historic Lower Highlands area of Fall River. The Property enjoys close proximity to the Charlton Memorial Hospital and to the future Fall River Train Station (MBTA ? Stoughton Line) which is scheduled to open in 2023. Since 2018, six of the units have been renovated, featuring updated kitchens and bathrooms. The opportunity exists to increase the overall rent roll through programmatic upgrades to the remaining two unrenovated units and maximizing rents in the six renovated units. The property also has new replacement windows, a new asphalt shingle roof, and a newer hot water tank. The building is master metered; the Landlord is responsible for electricity, heat, hot water and domestic water & sewer. Five of the units feature gas on gas heating systems and three units feature forced hot water baseboard heat.

Neighborhood & Transit

137 Winter St, Fall River · MA 02720

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1196 days
Listing Price:
$825,000
Price per Sq.Ft:
$193
Tax Assessment:
$490,200 in 2023
Taxes:
$507 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
8
Half Bathrooms
0
Living Area
4,285 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4285
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Other (See Remarks)

Exterior Features

Lot Size
5,445 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Clapboard
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
John Pentore
Listing office
Horvath & Tremblay
MLS PIN #
73140665