$1,407,000
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301-317 Fourth Street Fall River, MA 02721
16 Beds
12 Baths
4,325 SqFt
Key Details
Sold Price $1,407,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,325 sqft
Price per Sqft $325
MLS Listing ID 73350103
Sold Date 07/01/25
Bedrooms 16
Full Baths 12
Year Built 1900
Annual Tax Amount $10,493
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
Incredible Investment Opportunity: Best Priced 12 Units in Fall River! Don't miss out on this amazing opportunity to own the best-priced 12-unit property in Fall River! Located just minutes from the newly opened train station, this property offers tremendous earning potential in a rapidly developing area. Currently generating $14,000 per month in rental income with some rents significantly under market value, there's great opportunity to increase cash flow. The 12 well-maintained units are poised for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, providing extra income potential. With a prime location near commuter rail access and significant upside potential, this property is perfect for any investor looking for long-term growth. Don't wait—schedule a showing today!
Location
State MA
County Bristol
Zoning 12 Units
Direction GPS
Rooms
Basement Full
Interior
Flooring Wood
Exterior
Exterior Feature Rain Gutters, Other
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
Utilities Available for Gas Range
Roof Type Other
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot, Other
Story 5
Foundation Concrete Perimeter, Block, Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
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Bought with Jason Francis • NextGen Realty, Inc.