Value Add Residential Investment Building. 14 Units total with 10 currently occupied month to month. This Building is also part of a 3 building portfolio and large parking lot. Other two buildings are across the street. Parking Lot is to the right of the building. Here is your chance to get creative with adjacent lots in a convenient location or keep as a very localized investment portfolio. With the commuter rail set to open next year and the upside on the current monthly rent figures there is limitless potential waiting to be fully realized. Rent Rolls upon request.
This home has been viewed 49 times
Last Checked: May 7th, 2024 at 2:10am (Source: MLS PIN #73045936)
Gross Income: $0
Gross Expenses: $5,168
Net Income Calc: $5,168
Water Views
Annual Expenses for 270 Bank St, Fall River MA 02720
Total Gross Expenses (Calculated)$5,168/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5168
Annual Income & Unit Breakdown for 270 Bank St, Fall River MA 02720
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 270 Bank St, Fall River MA 02720
Listing ID73045936
Property TypeMulti Family / 5+ Family
Price1224000 ($257.25/SqFt)
Style5-9 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total4758
Approximate Lot Size (Acres)0.2
Total Parking52 (2 Garage)
Garage Parking2
Year Built1850
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningA-2
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 270 Bank St, Fall River MA 02720
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
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 OnNet Sale Price
Financial Information for 270 Bank St, Fall River MA 02720
Real Estate Taxes5168
Tax Year2022
Assessed Value$409,500
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 Bank St, Fall River MA 02720
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 270 Bank St, Fall River MA 02720