3 Building Value Add Portfolio including Parking Lot. These four parcels are all centrally located with two side by side on both sides of the street. (one) 14 Unit Green Building: with Garage and long drive way, 10 Units are occupied with month to month tenants. 4 units remaining need to be updated. (one) Corner Parking Lot: able to fit at least 25 cars. (one) 5 Unit Blue Building: four units occupied month to month below market value. (one) 4 Unit Gray Building: with finished exterior but inside is gutted and approved for at least 4 units. These buildings are also listed to be sold individually but the family has spent generations piecing these parcels together and would prefer to see someone take advantage of the space. Use your creativity, Location within the town is the selling point. New Boston to Fall River Commuter rail project to be finished next year would bring new life into the town.
This home has been viewed 44 times
Last Checked: May 7th, 2024 at 1:52am (Source: MLS PIN #73045938)
Gross Income: $0
Gross Expenses: $15,541
Net Income Calc: $15,541
CAP Rate: -0.68%
Annual Expenses for 270-289 Bank St, Fall River MA 02720
Total Gross Expenses (Calculated)$15,541/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$15,541.53
Annual Income & Unit Breakdown for 270-289 Bank St, Fall River MA 02720
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 270-289 Bank St, Fall River MA 02720
Listing ID73045938
Property TypeMulti Family / 5+ Family
Price$2,300,000
Style
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total
Approximate Lot Size (Acres)0.54 acres
Total Parking50
Garage Parking
Year Built1850
Year Built Source
Year Renovated
Year Built Details
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation Description
Accessible Features
Outdoor Space
ZoningA-2
Zoning DetailsLegal Conforming
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 270-289 Bank St, Fall River MA 02720
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based On
Financial Information for 270-289 Bank St, Fall River MA 02720
Real Estate Taxes$15,541.53
Tax Year2022
Assessed Value
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.68%
Location Information for 270-289 Bank St, Fall River MA 02720
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 270-289 Bank St, Fall River MA 02720