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229 Brightman St, Fall River MA 02720

$449,900

Estimated $1,040.84/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $149,966.67

Total Rent: 34800/year

Estimated CAP Rate: 6.90%

6 Bedrooms

3 Full Baths

2,861 SqFt

Total Parking: 0

2,265 SqFt

This property is located in the lower highland area. It is a great income property for investors or owner occupied. All separate utilities, with the first floor having baseboard and the other two units, (second and third floors) have a space heater. 227 Brightman street is located directly behind 229 and can be purchased together at a reduced rate, making this a six unit purchase. The future rail station will be locate close to these properties.

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 5:16am (Source: MLS PIN #73074188)

Gross Income: $34,800

Gross Expenses: $3,736

Net Income Calc: $31,064

CAP Rate: 6.90%

Annual Expenses for 229 Brightman St, Fall River MA 02720

Total Gross Expenses (Calculated)$3,736/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,736

Annual Income & Unit Breakdown for 229 Brightman St, Fall River MA 02720

Total Gross Income (Calculated)$34,800

Unit 1

Rental Income$1,250

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$900

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$750

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 229 Brightman St, Fall River MA 02720

Listing ID73074188

Property TypeMulti Family / 3 Family

Price$449,900 ($157.25/SqFt)

Style3 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,861 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningB-L

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 229 Brightman St, Fall River MA 02720

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$34,800

Total Net Income By Broker$34,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 229 Brightman St, Fall River MA 02720

Real Estate Taxes$3,736

Tax Year2022

Assessed Value$296,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$34,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$34,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.90%

Location Information for 229 Brightman St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 229 Brightman St, Fall River MA 02720

Agent

Name: Alchemist Real Estate Group

Office

Name: eXp Realty

Phone: 888-854-7493

Team Members

Name: Gualter Amarelo

Phone: 508-916-7335

Payment Calculator

, Interest

Property Taxes 311.33

Principal & Interest 2772.14

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Alchemist Real Estate Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT

Closed

229 Brightman St, Fall River MA 02720

$449,900

Annual Expenses for 229 Brightman St, Fall River MA 02720

Annual Income & Unit Breakdown for 229 Brightman St, Fall River MA 02720

General Information for 229 Brightman St, Fall River MA 02720

Disclosures for 229 Brightman St, Fall River MA 02720

Financial Information for 229 Brightman St, Fall River MA 02720

Location Information for 229 Brightman St, Fall River MA 02720

Contact Information for 229 Brightman St, Fall River MA 02720

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty

Alchemist Real Estate Group