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325 Hope St, Fall River MA 02721

$469,900

Estimated $1,136.19/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $156,633.33

Total Rent: 13200/year

Estimated CAP Rate: 1.85%

8 Bedrooms

3 Full Baths

2,766 SqFt

Total Parking: 9 (3 Garage)

4,404 SqFt

Great opportunity for an owner occupant for this three family home in the heart of Fall River. Lots of markets and restaurants nearby and quick access to Rte 193.The first and third floors are vacant. The first floor was formerly occupied by the owner. Long term second floor tenant with a lease in place. Property has off-street parking and a deep three car garage that needs repair. Walk out basement with lots of room also. All buyer's and buyer's agents should do their own due diligence.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 5:51am (Source: MLS PIN #73099443)

Gross Income: $13,200

Gross Expenses: $4,491

Net Income Calc: $8,709

CAP Rate: 1.85%

Annual Expenses for 325 Hope St, Fall River MA 02721

Total Gross Expenses (Calculated)$4,491/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,491

Annual Income & Unit Breakdown for 325 Hope St, Fall River MA 02721

Total Gross Income (Calculated)$13,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,100

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 325 Hope St, Fall River MA 02721

Listing ID73099443

Property TypeMulti Family / 3 Family

Price$469,900 ($169.88/SqFt)

Style3 Family - 3 Units Up/down

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,766 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking9 (3 Garage)

Garage Parking3 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningA-3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 325 Hope St, Fall River MA 02721

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure1st is vacant. 3rd floor will be delivered vacant

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$13,200

Total Net Income By Broker$13,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 325 Hope St, Fall River MA 02721

Real Estate Taxes$4,491

Tax Year2023

Assessed Value$366,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$13,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$13,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.85%

Location Information for 325 Hope St, Fall River MA 02721

Elementary SchoolJohn J Doran

Middle SchoolMatthew J Kuss

High SchoolBmc Durfee

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, Marina

Contact Information for 325 Hope St, Fall River MA 02721

Agent

Name: Gil Garnett

Office

Name: RE/MAX Real Estate Center

Phone: 508-823-2700

Payment Calculator

, Interest

Property Taxes 374.25

Principal & Interest 2895.37

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Real Estate Center

Gil Garnett

Agent Phone

Office Phone

(508) 823-2700

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT

Closed

325 Hope St, Fall River MA 02721

$469,900

Annual Expenses for 325 Hope St, Fall River MA 02721

Annual Income & Unit Breakdown for 325 Hope St, Fall River MA 02721

General Information for 325 Hope St, Fall River MA 02721

Disclosures for 325 Hope St, Fall River MA 02721

Financial Information for 325 Hope St, Fall River MA 02721

Location Information for 325 Hope St, Fall River MA 02721

Contact Information for 325 Hope St, Fall River MA 02721

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