BEDS12
BATHS6 full
SQUARE FEET4,968
MLS#73565049
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
Property Description
Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $100K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Fenced: Yes
Heating: Natural Gas
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $9,354
Year Built: 1900
Amenities
Ceiling Fan(s)
Bathroom With Tub
Bathroom With Tub & Shower
Living Room
Kitchen
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 4968
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, 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: 88
Dwelling Type: 5-9 Family
Electric: 110 Volts
Exterior: Frame
Fencing: Fenced
Flooring: Vinyl, Carpet
HeatingY/N: 1
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Corner Lot
Parcel Number: 2821398
Parking Features: Off Street
Parking Total: 6
Patio And Porch: Porch
Road Responsibility: Public Maintained Road
Rooms Total: 24
Security: yes
Security Features: Security System
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water: Public
Window Features: Storm Window(s)
Local Schools
High School: Durfee/Diman
Middle School: Kuss Middle School
Listed By / Shown By
Listed By
Agency Name: eXp Realty LLC
Agent Name: Mario Pereira
Agency Phone: 888-854-7493
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR THIS HOME
Choose a date and time to see 229 Tripp Street, Fall River, MA 02724.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 3,133.11 per month $2,080.90 Principal & Interest $779.50 Property Tax $272.71 Homeowner's Insurance
229 Tripp Street | MLS# 73565049
This multi-family property located at 229 Tripp Street, Fall River, MA 02724 is currently listed for sale with an asking price of $935,000. Search Fall River real estate on www.masiellogrouprealestate.com today.