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Expired

270-289 Bank St, Fall River MA 02720

$2,300,000

Estimated $5,025/month Calculator

Multi Family

Total Units:

Price Per Unit: $2,300,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

Total Parking: 50

23,522 (0.54)

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 53 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

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 Tax15541.53

Annual Income & Unit Breakdown for 270-289 Bank St, Fall River MA 02720

Total Gross Income (Calculated)$0

General Information for 270-289 Bank St, Fall River MA 02720

Listing ID73045938

Property TypeMulti Family / 5+ Family

Price2300000

Style

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total0

Approximate Lot Size (Acres)0.54

Total Parking50

Year Built1850

Water

Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningA-2

Zoning DetailsLegal Conforming

Water Views

Water Views Features

Waterfront 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

ExclusionsPersonal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based On

Financial Information for 270-289 Bank St, Fall River MA 02720

Real Estate Taxes15541.53

Tax Year2022

Assessed Value$0

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 270-289 Bank St, Fall River MA 02720

Neighborhood(s)

Area Amenities

Contact Information for 270-289 Bank St, Fall River MA 02720

Agent

Name: Alan Qiu

Office

Name: Chinatti Realty Group, Inc.

Phone: 978-320-3377

Payment Calculator

, Interest

Property Taxes 1295.13

Principal & Interest 14171.87

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Chinatti Realty Group, Inc.

Alan Qiu

Agent Phone

Office Phone

(978) 320-3377

Text Agent Call Agent Call Office

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EXIT