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Closed

268 Locust St, Fall River MA 02720

$594,900

Estimated $1,370.80/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $198,300

Total Rent: 60000/year

Estimated CAP Rate: 9.27%

7 Bedrooms

3 Full, 2 Half Baths

4,020 SqFt

Total Parking: 6

5,271 SqFt

Large 3 family with 2 separate driveways , 1st and 3rd floor Vacant and in move in condition . 2nd floor has a long term tenant . Large units on 1st and 2nd floor with heat and AC . Each of the units on 1st and 2nd floor have 2 bedrooms with office or possible 3rd smaller bedroom . The 1st and 2nd floor also have fireplaces (never tested) and laundry in units with 1.5 baths each which is very rare . Very large units with hardwood floors , large kitchens with separate dining and living rooms . The 3rd floor has 3 bedrooms with 1 bath and has all new flooring and paint . This one is a must see .

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 2:06am (Source: MLS PIN #73070208)

Gross Income: $60,000

Gross Expenses: $4,874

Net Income Calc: $55,126

CAP Rate: 9.27%

Annual Expenses for 268 Locust St, Fall River MA 02720

Total Gross Expenses (Calculated)$4,874/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,874

Annual Income & Unit Breakdown for 268 Locust St, Fall River MA 02720

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,600

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,600

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 268 Locust St, Fall River MA 02720

Listing ID73070208

Property TypeMulti Family / 3 Family

Price$594,900 ($147.99/SqFt)

Style3 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,020 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningA2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 268 Locust St, Fall River MA 02720

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$60,000

Total Net Income By Broker$60,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation1.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 268 Locust St, Fall River MA 02720

Real Estate Taxes$4,874

Tax Year2022

Assessed Value$386,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$60,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$60,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.27%

Location Information for 268 Locust St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 268 Locust St, Fall River MA 02720

Agent

Name: Michael J Amaral

Office

Name: Amaral & Associates RE

Phone: 508-674-4972

Payment Calculator

, Interest

Property Taxes 406.17

Principal & Interest 3665.58

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Amaral & Associates RE

Michael J Amaral

Agent Phone

Office Phone

(508) 674-4972

Text Agent Call Agent Call Office

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EXIT

Closed

268 Locust St, Fall River MA 02720

$594,900

Annual Expenses for 268 Locust St, Fall River MA 02720

Annual Income & Unit Breakdown for 268 Locust St, Fall River MA 02720

General Information for 268 Locust St, Fall River MA 02720

Disclosures for 268 Locust St, Fall River MA 02720

Financial Information for 268 Locust St, Fall River MA 02720

Location Information for 268 Locust St, Fall River MA 02720

Contact Information for 268 Locust St, Fall River MA 02720

Agent

Office

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Exclusive Listing Agent

Amaral & Associates RE

Michael J Amaral