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42 - 44 Tecumseh St, Fall River MA 02721

$549,000

Estimated $1,308.78/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $91,500

Total Rent: 34800/year

Estimated CAP Rate: 5.42%

14 Bedrooms

6 Full Baths

5,280 SqFt

Total Parking: 2

6,839 SqFt

2 buildings with a total of six units. One with 2 - one and 2 - two-bedroom units and one with 2 - three-bedroom units. Updates include heating, electrical and water systems. Fully rented with great income potential. Property is within a mile of area shopping and restaurants. Sale subject to affordability restrictions. See attachment

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 2:51am (Source: MLS PIN #73066609)

Gross Income: $34,800

Gross Expenses: $5,023

Net Income Calc: $29,777

CAP Rate: 5.42%

Annual Expenses for 42 - 44 Tecumseh St, Fall River MA 02721

Total Gross Expenses (Calculated)$5,023/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,023

Annual Income & Unit Breakdown for 42 - 44 Tecumseh St, Fall River MA 02721

Total Gross Income (Calculated)$34,800

Unit 1

Rental Income$725

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$675

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$750

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$750

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 42 - 44 Tecumseh St, Fall River MA 02721

Listing ID73066609

Property TypeMulti Family / 5+ Family

Price$549,000 ($103.98/SqFt)

Style5-9 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total5,280 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking2

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 DescriptionStone

Accessible Features

Outdoor Space

ZoningA-3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 42 - 44 Tecumseh St, Fall River MA 02721

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$44,700

Total Net Income By Broker$44,700

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 42 - 44 Tecumseh St, Fall River MA 02721

Real Estate Taxes$5,023

Tax Year2022

Assessed Value$398,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$44,700

BostonRealEstate.com Gross Income

Total Net Income By Broker$44,700

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.42%

Location Information for 42 - 44 Tecumseh St, Fall River MA 02721

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 42 - 44 Tecumseh St, Fall River MA 02721

Agent

Name: David Raymondo

Office

Name: Anchor Realty

Phone: 508-678-3770

Team Members

Name: Albert Dupere

Phone: 508-728-5744

Payment Calculator

, Interest

Property Taxes 418.58

Principal & Interest 3382.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Anchor Realty

David Raymondo

Agent Phone

Office Phone

(508) 678-3770

Text Agent Call Agent Call Office

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    [description] => 2 buildings with a total of six units. One with 2 - one and 2 - two-bedroom units and one with 2 - three-bedroom units. Updates include heating, electrical and water systems. Fully rented with great income potential. Property is within a mile of area shopping and restaurants. Sale subject to affordability restrictions. See attachment
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[last_month_required] => Array
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    [laundry_features] => Array
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[lead_paint] => Array
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[management_expense] => Array
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[middle_school] => 
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            [phone] => 508-678-3770
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[optional_fee_includes] => Array
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    [outdoor_space_available] => Array
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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
        (
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[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 508-678-3770
    [pool_features] => Array
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[real_estate_tax] => $5,023
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[rent_includes] => Array
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 21
    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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[street_number] => 42 - 44
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[terms] => Array
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[water_views_features] => Array
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EXIT

Closed

42 - 44 Tecumseh St, Fall River MA 02721

$549,000

Annual Expenses for 42 - 44 Tecumseh St, Fall River MA 02721

Annual Income & Unit Breakdown for 42 - 44 Tecumseh St, Fall River MA 02721

General Information for 42 - 44 Tecumseh St, Fall River MA 02721

Disclosures for 42 - 44 Tecumseh St, Fall River MA 02721

Financial Information for 42 - 44 Tecumseh St, Fall River MA 02721

Location Information for 42 - 44 Tecumseh St, Fall River MA 02721

Contact Information for 42 - 44 Tecumseh St, Fall River MA 02721

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Anchor Realty

David Raymondo