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Closed

29 Winter St, Fall River MA 02720

$490,000

Estimated $1,256.61/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $122,500

Total Rent: 21552/year

Estimated CAP Rate: 3.27%

6 Bedrooms

4 Full Baths

3,840 SqFt

Total Parking: 3

3,202 SqFt

*Highest and Best due Sunday 4/30 by 2pm. Welcome to this spacious 4 family home! Situated in a prime location, this property offers an amazing opportunity for investors or those looking to live in a multi family home with potential rental income. The first floor offers two 1 bedroom units with separate utilities. On the second floor you will find a well maintained owners unit with two large bedrooms and an updated bath. The third floor boasts 2 bedrooms and in unit washer and dryer hook ups. Additional features include a maintenance free exterior, new roof, some replacement windows and off street parking. This 4- family home is located close to public transportation, shopping, hospitals, restaurants and entertainment. Whether you’re looking for a steady cash flow from your investment or to live in one of the units while renting out the other units, this property has endless possibilities. Don’t miss out on this unique opportunity.

This home has been viewed 36 times

Last Checked: May 7th, 2024 at 7:45am (Source: MLS PIN #73102152)

Gross Income: $21,552

Gross Expenses: $5,545

Net Income Calc: $16,007

CAP Rate: 3.27%

Annual Expenses for 29 Winter St, Fall River MA 02720

Total Gross Expenses (Calculated)$5,545/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,545

Annual Income & Unit Breakdown for 29 Winter St, Fall River MA 02720

Total Gross Income (Calculated)$21,552

Unit 1

Rental Income$577

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$519

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 29 Winter St, Fall River MA 02720

Listing ID73102152

Property TypeMulti Family / 4 Family

Price$490,000 ($127.6/SqFt)

Style4 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,840 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningA-3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 29 Winter 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$21,552

Total Net Income By Broker$21,552

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 29 Winter St, Fall River MA 02720

Real Estate Taxes$5,545

Tax Year2023

Assessed Value$451,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$21,552

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,552

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.27%

Location Information for 29 Winter St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 29 Winter St, Fall River MA 02720

Agent

Name: The Jennifer Mello Team

Office

Name: The Mello Group, Inc.

Phone: 508-640-0505

Team Members

Name: Lisa Sampson

Phone: 508-837-5155

Payment Calculator

, Interest

Property Taxes 462.08

Principal & Interest 3019.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Mello Group, Inc.

The Jennifer Mello Team

Agent Phone

Office Phone

(508) 640-0505

Text Agent Call Agent Call Office

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EXIT

Closed

29 Winter St, Fall River MA 02720

$490,000

Annual Expenses for 29 Winter St, Fall River MA 02720

Annual Income & Unit Breakdown for 29 Winter St, Fall River MA 02720

General Information for 29 Winter St, Fall River MA 02720

Disclosures for 29 Winter St, Fall River MA 02720

Financial Information for 29 Winter St, Fall River MA 02720

Location Information for 29 Winter St, Fall River MA 02720

Contact Information for 29 Winter St, Fall River MA 02720

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The Mello Group, Inc.

The Jennifer Mello Team