Sold

305 4th St, Fall River, MA

Fall River · MA 02721

$703,500
Price
8
Beds
6
Baths
4325
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 4,650 Sq.Ft Lot
Price per square foot: $185 / Sq.Ft
Parking: No Parking

About this home

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

Neighborhood & Transit

305 4th St, Fall River · MA 02721

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:
478 days
Listing Price:
$799,000
Price per Sq.Ft:
$185
Tax Assessment:
$491,000 in 2024
Taxes:
$470 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
6
Half Bathrooms
0
Living Area
4,325 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4325
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
4,650 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl, Other (See Remarks)
Roof
Unknown

Green Features

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

Listing information

Listing agent
Zachary Conley
Listing office
NextGen Realty, Inc.
MLS PIN #
73350104