BEDS11
BATHS5 full
SQUARE FEET3,589
MLS#73489878
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Cash-flowing 5-unit multifamily with strong rental history. There is additional value-add opportunity with the potential to convert the first floor into two units, increasing overall rental income. Projected cap rate exceeds 9% once current vacancy is filled. The property consists of four 2-bedroom units and one 3-bedroom unit. Three units have been fully renovated with updated electrical, plumbing, and efficient forced air systems??minimizing near-term capital expenditures. Separate utilities with tenants paying their own expenses. Basement storage provides additional income potential. Maintenance-free vinyl siding for ease of ownership. Ideal for investors seeking immediate cash flow with upside through lease-up and future income growth. Owner financing available; terms to be negotiated.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Baseboard, Natural Gas, Forced Air, Space Heater
Lot Size: 0.09 Acres
Stories: 11.0
Taxes: $6,656
Year Built: 1900
Amenities
Laundry Room
Living Room
Dining Room
Kitchen
Feature Descriptions
Appliances: Range, Refrigerator, Microwave
Building Area Total: 3589
Community Features: Public Transportation, Highway Access, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 31
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: 100 Amp Service
Flooring: Wood
HeatingY/N: 1
Laundry: Washer Hookup
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:0K13 B:0000 L:0056,2830023
Parking Total: 0
Rent Includes: Unit 1(Water, None), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Rooms Total: 27
Sewer: Public Sewer
Units: 5
Utilities: for Gas Range, Washer Hookup
Water: Public
Listed By / Shown By
Listed By
Agency Name: Vicente Realty, LLC
Agency Phone: 508-944-3144
Agent Name: Merysa Berrios Sevilla
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,883.11 per month $2,058.65 Principal & Interest $554.67 Property Tax $269.79 Homeowner's Insurance
173 County St | MLS# 73489878
This multi-family property located at 173 County St, Fall River, MA 02723 is currently listed for sale with an asking price of $925,000. Search Fall River real estate on www.masiellogrouprealestate.com today.