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Closed

529 Eastern Ave, Fall River MA 02723

$700,000

Estimated $1,374.34/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $700,000

Total Rent: 0/year

Estimated CAP Rate: -0.41%

0 Bedrooms

Baths

Total Parking: 21

20,778 SqFt

ATTENTION INVESTORS!! Beautiful Historial Building needs a rehab however a Variance request approved Jan 2023 and approved Jan 20, 2021 to allow renovation of the structure to a 14-unit apartment building. ( see attached documents) and 21 parking spaces. There are 4 floors, and several fireplaces, hardwood floors and beautiful staircases. Clean 21 E.1. Oil tanks removed and soil tested. A award agreement was approved June 8, 2021 (Community Preservation Act and Historical Commission) ( SEE ATTACHED DOCUMENT) for 101,300.00 ( SEE DOCUMENT FOR TERMS and CONDITIONS). Property sold as is condition. The property is a Rehab project and could be eligible for additional grants and/or funds. Buyer(s) to review and confirm all information. Buyers to conduct their Due Diligence. Proposed Building plans are attached, Property currently has a reduced tax rate until the project is complete.CURRENTLY TAKING BACK up OFFERS

This home has been viewed 54 times

Last Checked: May 7th, 2024 at 3:12am (Source: MLS PIN #73053440)

Gross Income: $0

Gross Expenses: $2,871

Net Income Calc: $2,871

CAP Rate: -0.41%

Annual Expenses for 529 Eastern Ave, Fall River MA 02723

Total Gross Expenses (Calculated)$2,871/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,871.52

Annual Income & Unit Breakdown for 529 Eastern Ave, Fall River MA 02723

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 529 Eastern Ave, Fall River MA 02723

Listing ID73053440

Property TypeMulti Family / 5+ Family

Price$700,000

Style

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)0.48 acres

Total Parking21

Garage Parking

Year Built1900

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningA-3

Zoning DetailsOther (See Remarks)

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 529 Eastern Ave, Fall River MA 02723

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based On

Financial Information for 529 Eastern Ave, Fall River MA 02723

Real Estate Taxes$2,871.52

Tax Year2022

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.41%

Location Information for 529 Eastern Ave, Fall River MA 02723

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 529 Eastern Ave, Fall River MA 02723

Agent

Name: Lisa Pelletier O Brien

Office

Name: Amaral & Associates RE

Phone: 508-674-4972

Payment Calculator

, Interest

Property Taxes 239.29

Principal & Interest 4313.18

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Amaral & Associates RE

Lisa Pelletier O Brien

Agent Phone

Office Phone

(508) 674-4972

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73053440&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 03:12:33
                    [modified] => 2024-05-07 03:12:33
                )

[23] => Array
                (
                    [id] => 7092460
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73053440&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 03:12:33
                    [modified] => 2024-05-07 03:12:33
                )

[24] => Array
                (
                    [id] => 7092461
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73053440&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 03:12:33
                    [modified] => 2024-05-07 03:12:33
                )

)

)

EXIT