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Closed

189 Hamlet St, Fall River MA 02724

$699,000

Estimated $1,534.93/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $139,800

Total Rent: 51600/year

Estimated CAP Rate: 6.69%

10 Bedrooms

5 Full Baths

2,988 SqFt

Total Parking: 0

3,001 SqFt

Great opportunity for Investors looking for an income producing five family with room to grow. Property is located in the South End of Fall River. Each apartment has separate electric and FHW heating system meters per unit. Apartments are a mix of remodeled or well maintained. Building is fully occupied and yielding a great rent roll. Coin-op washer dryer installed in the basement for additional income. Group showings will be set up by appointment.

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 4:16am (Source: MLS PIN #73087557)

Gross Income: $51,600

Gross Expenses: $4,818

Net Income Calc: $46,782

CAP Rate: 6.69%

Annual Expenses for 189 Hamlet St, Fall River MA 02724

Total Gross Expenses (Calculated)$4,818/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,818

Annual Income & Unit Breakdown for 189 Hamlet St, Fall River MA 02724

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income$1,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,100

LeaseU

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit2

HeatingNo

Rent Includes

Unit 4

Rental Income$1,200

LeaseU

Bedrooms2

Bathrooms2 Full

Floor4

Levels in Unit2

HeatingNo

Rent Includes

General Information for 189 Hamlet St, Fall River MA 02724

Listing ID73087557

Property TypeMulti Family / 5+ Family

Price$699,000 ($233.94/SqFt)

Style5-9 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,988 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area1182

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningA-3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 189 Hamlet St, Fall River MA 02724

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 189 Hamlet St, Fall River MA 02724

Real Estate Taxes$4,818

Tax Year2023

Assessed Value$392,700

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)6.69%

Location Information for 189 Hamlet St, Fall River MA 02724

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesSidewalks

Contact Information for 189 Hamlet St, Fall River MA 02724

Agent

Name: The Walen Team

Office

Name: Century 21 Limitless

Phone: 508-567-3468

Team Members

Name: Nicholas Krenmayer

Phone: 508-264-4561

Payment Calculator

, Interest

Property Taxes 401.5

Principal & Interest 4307.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Limitless

The Walen Team

Agent Phone

Office Phone

(508) 567-3468

Text Agent Call Agent Call Office

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EXIT

Closed

189 Hamlet St, Fall River MA 02724

$699,000

Annual Expenses for 189 Hamlet St, Fall River MA 02724

Annual Income & Unit Breakdown for 189 Hamlet St, Fall River MA 02724

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Financial Information for 189 Hamlet St, Fall River MA 02724

Location Information for 189 Hamlet St, Fall River MA 02724

Contact Information for 189 Hamlet St, Fall River MA 02724

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