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124 Hamlet St, Fall River MA 02724

$699,000

Estimated $1,641.60/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $174,750

Total Rent: 62400/year

Estimated CAP Rate: 7.20%

10 Bedrooms

4 Full Baths

5,967 SqFt

Total Parking: 2 (1 Garage)

4,439 SqFt

Come view this massive four family home in Fall River. This property has impressive income potential for both owner occupants and investors. 10 bedrooms with opportunity for expansion. Recent updates to multiple units and new roof installed in 2020. Attached one car garage. Fenced in yard with multiple decks for relaxing outside. Full attic space consisting of 10+ partially finished rooms. Above grade basement features separate entrances to both a room being used as an office and another large space with tall ceilings currently being used as storage. A separate area of the basement includes additional storage and coin op laundry for tenants. Call today to check out this great property!

This home has been viewed 41 times

Last Checked: December 12th, 2024 at 5:18am (Source: MLS PIN #73231332)

Gross Income: $62,400

Gross Expenses: $12,099

Net Income Calc: $50,301

CAP Rate: 7.20%

Annual Expenses for 124 Hamlet St, Fall River MA 02724

Total Gross Expenses (Calculated)$12,099/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance$2,401

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous$3,600

Real Estate Tax$6,098

Annual Income & Unit Breakdown for 124 Hamlet St, Fall River MA 02724

Total Gross Income (Calculated)$62,400

Unit 1

Rental Income$900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesElectric, Water, Unit 1(water), Unit 3(water), Hot Water), Unit 2(heat, Unit 4(water)

Unit 2

Rental Income$1,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesElectric, Water, Unit 1(water), Unit 3(water), Hot Water), Unit 2(heat, Unit 4(water)

Unit 3

Rental Income$900

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesElectric, Water, Unit 1(water), Unit 3(water), Hot Water), Unit 2(heat, Unit 4(water)

Unit 4

Rental Income$1,600

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesElectric, Water, Unit 1(water), Unit 3(water), Hot Water), Unit 2(heat, Unit 4(water)

General Information for 124 Hamlet St, Fall River MA 02724

Listing ID73231332

Property TypeMulti Family / 4 Family

Price$699,000 ($117.14/SqFt)

Style4 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total5,967 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking2 (1 Garage)

Garage Parking1 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot, Cleared

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningA-3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 124 Hamlet St, Fall River MA 02724

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureNot including basement or attic space

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated, Other (see Remarks)

Total Gross Expenses By Broker$6,001

Total Gross Income By Broker$62,400

Total Net Income By Broker$56,399

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 124 Hamlet St, Fall River MA 02724

Real Estate Taxes$6,098

Tax Year2023

Assessed Value$497,000

Financial Data SourceEstimated, Other (see Remarks)

Total Gross Expenses By Broker$6,001

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$62,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$56,399

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.20%

Location Information for 124 Hamlet St, Fall River MA 02724

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Tennis Court(s)

Contact Information for 124 Hamlet St, Fall River MA 02724

Agent

Name: Seth DeMello

Office

Name: Prestige Realty Experts Inc.

Phone: 508-672-9222

Payment Calculator

, Interest

Property Taxes 508.17

Principal & Interest 4307.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Prestige Realty Experts Inc.

Seth DeMello

Agent Phone

Office Phone

(508) 672-9222

Text Agent Call Agent Call Office

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EXIT

Withdrawn

124 Hamlet St, Fall River MA 02724

$699,000

Annual Expenses for 124 Hamlet St, Fall River MA 02724

Annual Income & Unit Breakdown for 124 Hamlet St, Fall River MA 02724

General Information for 124 Hamlet St, Fall River MA 02724

Disclosures for 124 Hamlet St, Fall River MA 02724

Financial Information for 124 Hamlet St, Fall River MA 02724

Location Information for 124 Hamlet St, Fall River MA 02724

Contact Information for 124 Hamlet St, Fall River MA 02724

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Prestige Realty Experts Inc.

Seth DeMello