BEDS17
BATHS8 full
SQUARE FEET5,570
MLS#73595734
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
8-UNIT CASH COW WITH STRONG INCOME & UPSIDE POTENTIAL! Excellent investment opportunity in Fall River featuring 8 well-maintained residential units with a proven rental history, stable income, and long-term tenants! The building consists of five 2-bedroom apartments, two 3-bedroom apartments, and one 1-bedroom apartment, offering a desirable unit mix totaling 17 bedrooms. All units have separately metered electric and individual heating systems, with tenants responsible for their own utilities. Off-street parking accommodates approximately 6??8 vehicles. New Roof approx. 2019. Currently generating $146,940 in annual gross rental income with approximately $116,572 in net income! Many tenants have not received rent increases since 2024 presenting an opportunity for future income growth. Most units are occupied by tenants at will providing additional flexibility for the next owner. 62 Morton st is a well-maintained, income-producing asset with established tenancy and excellent investment potential! Group showings begin this weekend. Call to schedule!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Fenced: Yes
Lot Size: 0.17 Acres
Stories: 5.0
Taxes: $12,175
Year Built: 1900
Feature Descriptions
Appliances: Washer, Dryer
Building Area Total: 5570
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, 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: 17
Dwelling Type: 5-9 Family
Fencing: Fenced/Enclosed
Lot Features: Cleared, Level
Parcel Number: 2836987
Parking Total: 8
Rooms Total: 34
Sewer: Public Sewer
Units: 8
Water: Public
Listed By / Shown By
Listed By
Agency Name: The Agency Boston
Agent Name: Adam Stivaletta
Agency Phone: 617-420-9033
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,485.85 per month $3,069.06 Principal & Interest $1,014.58 Property Tax $402.21 Homeowner's Insurance
62 Morton St | MLS# 73595734
This multi-family property located at 62 Morton St, Fall River, MA 02720 is currently listed for sale with an asking price of $1,379,000. Search Fall River real estate on www.masiellogrouprealestate.com today.