Off Market

34 St Joseph St, Fall River, MA

Fall River · MA 02723

$2,600,000
Price
73
Beds
49.5
Baths
46000
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1929
Units: 48 Units
Lot size: 1.23 Acres Lot
Price per square foot: $57 / Sq.Ft
Parking: 97 Off Street Spaces

About this home

City approvals for 48 apartments and an onsite maintenance office containing 23 - 1 bedroom units , 13- 2 bedroom units , and 12 - 2 story lofted 2 bedroom units. Over a acre of land with almost 100 parking spaces . Phase 1, 21e done and clear .Inside environmental report done and Inside asbestos has been removed and cleared . Only item to be addressed is asbestos left is on some exterior windows ( estimate in place under 50K) Building has been cleared out and is ready to be built out by buyer without having to change any loadbearing walls which saves tons of money . 3 phase on street which makes it perfect for solar .Property even comes with building construction plans done ( plumbing, hvac, and electric can be done as design build and not included in plans) and site plan approval (150k value) Building projected to gross just under 1m a year in rents . Permit ready! Be complete before the train ! Time to invest is now !! Preliminary budget of 6M to do buildout. See Attachments

Neighborhood & Transit

34 St Joseph St, Fall River · MA 02723

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:
1445 days
Listing Price:
$2,600,000
Price per Sq.Ft:
$57
Tax Assessment:
$329,800 in 2022
Taxes:
$743 / Monthly

Home Facts

Interior Features

Bedrooms
73
Full Bathrooms
48
Half Bathrooms
3
Living Area
46,000 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
53,579 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
97 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Michael Amaral
Listing office
Amaral & Associates RE
MLS PIN #
72977977