BEDS12
BATHS9 full
SQUARE FEET6,414
MLS#73507804
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
799??809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The plus+ is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall Rivers most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collect
Property Features
Property Type: Multi Unit - Multiple
Basement: Walk-Out Access, Interior Entry
Basement: Yes
Fenced: Yes
Garage: 1
Lot Size: 0.16 Acres
Roof Type: Rubber, Asphalt/Composition Shingles
Stories: 3.0
Taxes: $6,904
Year Built: 1882
Amenities
Balcony
Rain Gutters
Varies per Unit
Stone Wall
Feature Descriptions
Building Area Total: 6414
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other, Sidewalks
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: 40
Dwelling Type: 5-9 Family
Exterior: Brick, Stone, Block
Fencing: Fenced/Enclosed
Flooring: Tile, Vinyl
GarageY/N: Yes
Lot Features: Sloped
Open Parking Y/N: Yes
Parcel Number: M:0O10 B:0000 L:0012,2834044
Parking Features: On Street
Parking Total: 1
Patio And Porch: Porch, Covered
Road Responsibility: Public Maintained Road
Rooms Total: 22
Sewer: Public Sewer
Special View Info: City
Units: 9
Water: Public
Listed By / Shown By
Listed By
Agency Name: BOND BROKERAGE
Agent Name: Donald Martone
Agency Phone: 401-533-1021
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,596.01 per month $2,670.68 Principal & Interest $575.33 Property Tax $350.00 Homeowner's Insurance
801 N Main St | MLS# 73507804
This multi-family property located at 801 N Main St, Fall River, MA 02720 is currently listed for sale with an asking price of $1,200,000. Search Fall River real estate on www.masiellogrouprealestate.com today.