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Closed

503 William St, Fall River MA 02721

$399,900

Estimated $903.27/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $199,950

Total Rent: 33600/year

Estimated CAP Rate: 7.64%

6 Bedrooms

2 Full Baths

2,668 SqFt

Total Parking: 3

3,306 SqFt

Come check out this 2 family family property new to the market! Both units feature 3 bedrooms, 1 full bathroom, dining area, kitchen and living room. 2nd floor unit has hardwood floors, also has the potential to expand to the 3rd floor and create a townhouse style owners unit!. Additional finished space on the 3rd floor not included in total Sq Ft. Coin-op laundry located in basement. Another bonus is off street parking for a few cars. This property is located near plenty of restaurants, public transportation, Kennedy Park, Saint Anne's hospital, train, highways and more! Don't miss this one!!!Subject to seller obtaining suitable housing. Property had been identified and is UAG. Preferable same day closing.

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 7:16am (Source: MLS PIN #73111712)

Gross Income: $33,600

Gross Expenses: $3,058

Net Income Calc: $30,542

CAP Rate: 7.64%

Annual Expenses for 503 William St, Fall River MA 02721

Total Gross Expenses (Calculated)$3,058/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,058

Annual Income & Unit Breakdown for 503 William St, Fall River MA 02721

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$1,400

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$1,400

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

General Information for 503 William St, Fall River MA 02721

Listing ID73111712

Property TypeMulti Family

Price$399,900 ($149.89/SqFt)

StyleMulti Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,668 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCleared

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningA-2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 503 William St, Fall River MA 02721

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$33,600

Total Net Income By Broker$33,600

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 503 William St, Fall River MA 02721

Real Estate Taxes$3,058

Tax Year2023

Assessed Value$249,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$33,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$33,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.64%

Location Information for 503 William St, Fall River MA 02721

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation

Contact Information for 503 William St, Fall River MA 02721

Agent

Name: Derrick Goldsmith

Office

Name: Sold By Gold LLC

Phone: 508-245-5257

Payment Calculator

, Interest

Property Taxes 254.83

Principal & Interest 2464.06

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sold By Gold LLC

Derrick Goldsmith

Agent Phone

Office Phone

(508) 245-5257

Text Agent Call Agent Call Office

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EXIT