New and seasoned Investors take note! This 6 unit property has all that an investor is looking for. Separate heat and electric for all units. Rare opportunity for massive appreciation and cashflow at 8.7% cap rate with below market rents. Front side (81 swindells) is 3 floors of 1 bedroom units. Back side (83 Swindells) is 3 floors of 2 bedroom units. Top floor of 83 Swindells is the sixth unit, rented for 1250 and has a lease expiring in July 2024. Each unit has storage in basement. Washer and dryer not included in sale. Seller is also selling 39 Quarry St.
This home has been viewed 48 times
Last Checked: May 7th, 2024 at 8:02am (Source: MLS PIN #73170012)
Gross Income: $0
Gross Expenses: $5,801
Net Income Calc: $5,801
CAP Rate: -0.92%
Annual Expenses for 81 Swindells St, Fall River MA 02723
Total Gross Expenses (Calculated)$5,801/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,801
Annual Income & Unit Breakdown for 81 Swindells St, Fall River MA 02723
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 81 Swindells St, Fall River MA 02723
Listing ID73170012
Property TypeMulti Family / 5+ Family
Price$630,000
Style
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1900
Year Built Source
Year Renovated
Year Built Details
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation Description
Accessible Features
Outdoor Space
ZoningG
Zoning DetailsLegal Conforming
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 81 Swindells St, Fall River MA 02723
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 81 Swindells St, Fall River MA 02723
Real Estate Taxes$5,801
Tax Year2023
Assessed Value
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.92%
Location Information for 81 Swindells St, Fall River MA 02723
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 81 Swindells St, Fall River MA 02723