Great investment option to produce passive income. This three-family home features three bedrooms, a living room, and a galley-style kitchen that opens to the dining area in each of its three units. The age of the roof is around four years. Modest aesthetic repairs would considerably enhance the value of the home. The first, second, and third floors are subject to tenancy at will. In addition, the property is centrally located in Fall River with convenient access to highways, public transit, and commercial complexes.
This home has been viewed 26 times
Last Checked: May 7th, 2024 at 8:01am (Source: MLS PIN #73085128)
Gross Income: $39,600
Gross Expenses: $4,209
Net Income Calc: $35,391
CAP Rate: 6.45%
Annual Expenses for 898 Rodman St, Fall River MA 02721
Total Gross Expenses (Calculated)$4,209/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,209
Annual Income & Unit Breakdown for 898 Rodman St, Fall River MA 02721
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$1,200
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,100
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 898 Rodman St, Fall River MA 02721
Listing ID73085128
Property TypeMulti Family / 3 Family
Price$549,000 ($159.13/SqFt)
Style3 Family
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total3,450 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area9999999
Foundation DescriptionIrregular
Accessible Features
Outdoor Space
ZoningA-3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 898 Rodman 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$39,600
Total Net Income By Broker$39,600
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 898 Rodman St, Fall River MA 02721
Real Estate Taxes$4,209
Tax Year2022
Assessed Value$333,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$39,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$39,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.45%
Location Information for 898 Rodman St, Fall River MA 02721
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 898 Rodman St, Fall River MA 02721