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Closed

85 California St, Fall River MA 02723

$739,000

Estimated $1,673.36/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $123,166.67

Total Rent: 56400/year

Estimated CAP Rate: 6.86%

6 Bedrooms

6 Full Baths

3,912 SqFt

Total Parking: 8 (2 Garage)

8,407 SqFt

Six tastefully remodeled 1 bedroom units in a very peachy neighborhood of Fall River!! A tall, distinct & beautiful building with vinyl siding, aluminum-clad exterior trim & window sills. Vinyl windows throughout the units and the building has a newer roof! There's Coin-op laundry in the basement as well as 6 storage units and a lot of empty space! Also a 2 car detached garage with electricity & AC for the landlord to use for themself or to maybe rent out. A large paved driveway with off street parking for the tenants! Enclosed mail & package area! Grassy rear yard! Updates include: fresh paint, waterproof luxury vinyl plank floors, stone counters, stainless steel under-mount sinks, pull-down faucets, many new appliances, new toilets, vanities, mirrors, tiled tubs, new cabinets etc. fully occupied units, pictures are from prior to rental.

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 2:46am (Source: MLS PIN #73068296)

Gross Income: $56,400

Gross Expenses: $5,701

Net Income Calc: $50,699

CAP Rate: 6.86%

Annual Expenses for 85 California St, Fall River MA 02723

Total Gross Expenses (Calculated)$5,701/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,701

Annual Income & Unit Breakdown for 85 California St, Fall River MA 02723

Total Gross Income (Calculated)$56,400

Unit 1

Rental Income$1,300

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 2

Rental Income$1,200

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 3

Rental Income$1,100

LeaseN

Bedrooms1

Bathrooms1 Full

Floor0

Levels in Unit0

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 4

Rental Income$1,100

LeaseN

Bedrooms1

Bathrooms1 Full

Floor0

Levels in Unit0

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

General Information for 85 California St, Fall River MA 02723

Listing ID73068296

Property TypeMulti Family / 5+ Family

Price$739,000 ($188.91/SqFt)

Style5-9 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,912 SqFt

Approximate Lot Size (Acres)0.19 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningG

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 85 California St, Fall River MA 02723

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$69,600

Total Net Income By Broker$69,600

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 85 California St, Fall River MA 02723

Real Estate Taxes$5,701

Tax Year2023

Assessed Value$464,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$69,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$69,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.86%

Location Information for 85 California St, Fall River MA 02723

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public Transportation, T-station

Contact Information for 85 California St, Fall River MA 02723

Agent

Name: Matthew Salgado

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 475.08

Principal & Interest 4553.48

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Matthew Salgado

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

Closed

85 California St, Fall River MA 02723

$739,000

Annual Expenses for 85 California St, Fall River MA 02723

Annual Income & Unit Breakdown for 85 California St, Fall River MA 02723

General Information for 85 California St, Fall River MA 02723

Disclosures for 85 California St, Fall River MA 02723

Financial Information for 85 California St, Fall River MA 02723

Location Information for 85 California St, Fall River MA 02723

Contact Information for 85 California St, Fall River MA 02723

Agent

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Exclusive Listing Agent

eXp Realty

Matthew Salgado