Sold
621-631 King Philip St, Fall River, MA
Fall River · MA 02724
- $1,350,000
- Price
- 16
- Beds
- 11
- Baths
- 7600
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
11 Units
Lot size:
0.29 Acre Lot
Price per square foot:
$183 / Sq.Ft
Parking:
1 Garage Space · 10 Off Street Spaces
About this home
Invest in Fall River! With not just one, but TWO professionally managed houses on ONE lot, these are RARE - 11 UNITS. Protect your investment and keep the current management team in place. The recently renovated 621 King Philip St is a five unit building with four 1 bed/1 bath units and a 2 bed/1 bath 'townhouse' style apartment. Completely updated from top to bottom, these units feel fresh and airy from every angle. On the left, 631 King Philip St is a six unit building with four 2 bed/1 bath units and two 1 bed/1 bath units inside. In the basement, tenants also have access to storage and coin-op laundry. Behind both buildings you'll see a yard area, a 10 car parking lot, and a garage bringing $150/month (inc. in 621 3E Rent). In total, both buildings produce ~$11,525.00 from rent collection and an additional $300 or so a month from the laundry coin ops. Both roofs were replaced last year as well. Turn key and cash flowing on day 1...just collect your ROI.
Neighborhood & Transit
621-631 King Philip St, Fall River · MA 02724
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:
- 1467 days
- Listing Price:
- $1,390,000
- Price per Sq.Ft:
- $183
- Tax Assessment:
- $654,800 in 2022
- Taxes:
- $689 / Monthly
Home Facts
Interior Features
- Bedrooms
- 16
- Full Bathrooms
- 11
- Half Bathrooms
- 0
- Living Area
- 7,600 Sq.Ft
- Broker Disclosure about Living Area
- APPROXIMATE LIVING AREA, BUYER TO VERIFY. TAX CARD IS UNCLEAR.
- 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
- Circuit Breakers, Individually Metered
Exterior Features
- Lot Size
- 12,589 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 1 Parking Space
- Off Street Parking
- 10 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- David Ferreira
- Listing office
- Fortified Realty Group
- MLS PIN #
- 72982701
- Disclosure
- Must close on or after 7/17/22.
- Disclosure
- APPROXIMATE LIVING AREA, BUYER TO VERIFY. TAX CARD IS UNCLEAR.