Overview Property Details Payment Calculator Walkability

Closed

502 4th St, Fall River MA 02721

$475,000

Estimated $1,113.96/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $95,000

Total Rent: 57600/year

Estimated CAP Rate: 11.26%

8 Bedrooms

5 Full Baths

3,796 SqFt

Total Parking: 2

4,400 SqFt

***Showing Sunday 1/8 at 11:45****Attention investors here we have a cash flowing 5 unit property separate utilities! This property has the possibility to turn this into a 6 unit property. Fully occupied building with room for rents to improve. With the commuter rail set to ...

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 1:36am (Source: MLS PIN #73068648)

Gross Income: $57,600

Gross Expenses: $4,125

Net Income Calc: $53,475

CAP Rate: 11.26%

Annual Expenses for 502 4th St, Fall River MA 02721

Total Gross Expenses (Calculated)$4,125/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,125

Annual Income & Unit Breakdown for 502 4th St, Fall River MA 02721

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,100

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,100

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 502 4th St, Fall River MA 02721

Listing ID73068648

Property TypeMulti Family

Price$475,000 ($125.13/SqFt)

Style5+ Family - 5+ Units Side By Side

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,796 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningA-2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 502 4th St, Fall River MA 02721

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$49,500

Total Net Income By Broker$49,500

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 502 4th St, Fall River MA 02721

Real Estate Taxes$4,125

Tax Year2022

Assessed Value$326,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$49,500

BostonRealEstate.com Gross Income

Total Net Income By Broker$49,500

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.26%

Location Information for 502 4th St, Fall River MA 02721

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 502 4th St, Fall River MA 02721

Agent

Name: Team ROSO

Office

Name: RE/MAX Vantage

Phone: 774-992-0297

Team Members

Name: Ryan Rebello

Phone: 508-967-4743

Payment Calculator

$3,270.55 per month

30 Years Fixed, 6.75% Interest

Property Taxes $343.75

Principal & Interest $2,926.80

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Vantage

Team ROSO

Agent Phone

Office Phone

(774) 992-0297

Text Agent Call Agent Call Office

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    [description] => ***Showing Sunday 1/8 at 11:45****Attention investors here we have a cash flowing 5 unit property separate utilities! This property has the possibility to turn this into a 6 unit property. Fully occupied building with room for rents to improve. With the commuter rail set to open next year and the upside on the current monthly rent figures there is more income to be made here. Can be packaged with MLS# 73068647 and MLS # 73068646
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EXIT

Closed

502 4th St, Fall River MA 02721

$475,000

Annual Expenses for 502 4th St, Fall River MA 02721

Annual Income & Unit Breakdown for 502 4th St, Fall River MA 02721

General Information for 502 4th St, Fall River MA 02721

Disclosures for 502 4th St, Fall River MA 02721

Financial Information for 502 4th St, Fall River MA 02721

Location Information for 502 4th St, Fall River MA 02721

Contact Information for 502 4th St, Fall River MA 02721

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

RE/MAX Vantage

Team ROSO