Limitless potential waiting to be fully realized at this completely renovated mixed-use property! Totaling seven units, with three residential and four commercial units, this property is in a great location in the city. A short drive from the highway and many local amenities. Residential units consist of one 3 bedroom unit and two 2 bedroom units - all rented and generating income. Each of the four store front units features a half bath. Property features a new rubber roof, new plumbing and heating, new kitchens and bathrooms in the residential units, new stucco and vinyl siding on exterior, new windows, new deck overlooking the yard for outdoor living in the residential area, new and updated electricity with seven separate meters for electricity and gas, storage units and laundry room for the residential tenants featuring coin-op washer and dryer. Fantastic, turn key opportunity!
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Last Checked: May 6th, 2024 at 11:36pm (Source: MLS PIN #72975607)
Gross Income: $31,800
Gross Expenses: $7,882
Net Income Calc: $23,918
CAP Rate: 3.12%
Annual Expenses for 1792 Pleasant Street, Fall River MA 02723
Total Gross Expenses (Calculated)$7,882/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,882
Annual Income & Unit Breakdown for 1792 Pleasant Street, Fall River MA 02723
Total Gross Income (Calculated)$31,800
Unit 1
Rental Income$1,050
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 1792 Pleasant Street, Fall River MA 02723
Listing ID72975607
Property TypeMulti Family / 3 Family
Price$767,500 ($125.43/SqFt)
Style3 Family
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total6,119 SqFt
Approximate Lot Size (Acres)0
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Corner Lot, Cleared
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1792 Pleasant Street, Fall River MA 02723
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$61,800
Total Net Income By Broker$50,418
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 1792 Pleasant Street, Fall River MA 02723
Real Estate Taxes$7,882
Tax Year2021
Assessed Value$241,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$61,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$50,418
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.12%
Location Information for 1792 Pleasant Street, Fall River MA 02723
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 1792 Pleasant Street, Fall River MA 02723