Off Market

The Winter Collection, Fall River, MA

Fall River · MA 02720

$3,875,000
Price
39
Beds
38
Baths
20443
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 38 Units
Lot size: 0.76 Acre Lot
Price per square foot: $190 / Sq.Ft
Parking: 24 Off Street Spaces

About this home

The Winter Collection is a multi-family portfolio consisting of four multi-family properties located at 107, 121-127, 137, and 163 Winter Street in the Historic Lower Highlands section of Fall River. Listed at a 7.35% cap rate on current income and $101,974 per unit, the Collection contains thirty-eight units consisting of thirty 1-Bedroom/1-Bathroom units, one 2-Bedroom/1-Bathroom unit, and seven Studio units. All of the buildings feature significant capital upgrades including new roofs and windows. Most of the units interiors have been renovated. The opportunity exists to increase the overall rent roll through rental increases as well as programmatic upgrades to the remaining, unrenovated units. 137 Winter Street (MLS ID: 73140665) and 163 Winter Street (MLS ID: 73162661) can be purchased individually. 107 & 121-127 Winter Street (MLS ID: 73162662) can be purchased as a package. OFFERS DUE WEDNESDAY, 10/11 BY 5PM.

Neighborhood & Transit

The Winter Collection, 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:
1137 days
Listing Price:
$3,875,000
Price per Sq.Ft:
$190
Tax Assessment:
$2,333,300 in 2023
Taxes:
$2,386 / Monthly

Home Facts

Interior Features

Bedrooms
39
Full Bathrooms
38
Half Bathrooms
0
Living Area
20,443 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
20443
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
33,106 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
24 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
John Pentore
Listing office
Horvath & Tremblay
MLS PIN #
73162660
Disclosure
The total monthly rent is $39,576. $32,767 is the maximum allowed by MLS.