Overview Property Details Payment Calculator Walkability

Canceled

991 Locust St, Fall River MA 02720

$759,900

Estimated $1,721/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $253,300

Total Rent: 97200/year

Estimated CAP Rate: 12.02%

9 Bedrooms

3 Full Baths

3,877 SqFt

Total Parking: 0

4,652 SqFt

Welcome to this impressive 3-family property positioned in a prime location in Fall River. The 2nd and 3rd floor have been fully renovated. 2nd & 3rd floor will be delivered vacant. Each unit provides three bedrooms over 1000 Sq Ft of living space. Each unit has separat...

This home has been viewed 58 times

Last Checked: October 7th, 2024 at 4:34pm (Source: MLS PIN #73227821)

Gross Income: $97,200

Gross Expenses: $5,866

Net Income Calc: $91,334

CAP Rate: 12.02%

Annual Expenses for 991 Locust St, Fall River MA 02720

Total Gross Expenses (Calculated)$5,866/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,866

Annual Income & Unit Breakdown for 991 Locust St, Fall River MA 02720

Total Gross Income (Calculated)$97,200

Unit 1

Rental Income$2,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$2,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 3

Rental Income$2,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

General Information for 991 Locust St, Fall River MA 02720

Listing ID73227821

Property TypeMulti Family / 3 Family

Price$759,900 ($196/SqFt)

Style3 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,877 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesOther

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningM

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 991 Locust St, Fall River MA 02720

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$66,000

Total Net Income By Broker$66,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25%%

Facilitator Compensation2.25%%

Sub-Agent Compensation2.25%

Compensation Based OnNet Sale Price

Financial Information for 991 Locust St, Fall River MA 02720

Real Estate Taxes$5,866

Tax Year2024

Assessed Value$510,500

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$66,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$66,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)12.02%

Location Information for 991 Locust St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 991 Locust St, Fall River MA 02720

Agent

Name: Luis R. Morris

Office

Name: Luis R. Morris

Phone: 508-409-1893

Team Members

Name: Rui Roque

Phone: 401-419-0760

Payment Calculator

$5,171.09 per month

30 Years Fixed, 6.75% Interest

Property Taxes $488.83

Principal & Interest $4,682.26

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Luis R. Morris

Agent Phone

Office Phone

(508) 409-1893

Text Agent Call Agent Call Office

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EXIT

Canceled

991 Locust St, Fall River MA 02720

$759,900

Annual Expenses for 991 Locust St, Fall River MA 02720

Annual Income & Unit Breakdown for 991 Locust St, Fall River MA 02720

General Information for 991 Locust St, Fall River MA 02720

Disclosures for 991 Locust St, Fall River MA 02720

Financial Information for 991 Locust St, Fall River MA 02720

Location Information for 991 Locust St, Fall River MA 02720

Contact Information for 991 Locust St, Fall River MA 02720

Agent

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Exclusive Listing Agent

Luis R. Morris

Luis R. Morris