Immaculate 2 family located in the desirable Lower Highlands district of Fall River. Each unit has been meticulously restored and updated. Great views of the Taunton River, off-street parking, incredibly clean basement that includes a half bath – the list goes on and on. This property is a 3-minute drive or a 10-minute walk to the MBTA South Coast Commuter Rail Fall River Depot station currently being constructed at 825 Davol Street. Walking distance to Charlton Memorial Hospital - Minutes from Route 24 and I-195. Arguably, the most desirable 2 unit for sale in Fall River currently. Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed.
This home has been viewed 31 times
Last Checked: May 7th, 2024 at 9:01am (Source: MLS PIN #73123684)
Gross Income: $9,000
Gross Expenses: $4,145
Net Income Calc: $4,855
CAP Rate: 0.91%
Water Views
Annual Expenses for 480-482 Pearce Street, Fall River MA 02720
Total Gross Expenses (Calculated)$4,145/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,145
Annual Income & Unit Breakdown for 480-482 Pearce Street, Fall River MA 02720
Total Gross Income (Calculated)$9,000
Unit 1
Rental Income$750
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 480-482 Pearce Street, Fall River MA 02720
Listing ID73123684
Property TypeMulti Family / 2 Family
Price$535,000 ($214.34/SqFt)
Style2 Family - 2 Units Up/down
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total2,496 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionGranite
Accessible Features
Outdoor Space
ZoningR-4
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 480-482 Pearce Street, 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$9,000
Total Net Income By Broker$9,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 480-482 Pearce Street, Fall River MA 02720
Real Estate Taxes$4,145
Tax Year2023
Assessed Value$337,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$9,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$9,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.91%
Location Information for 480-482 Pearce Street, Fall River MA 02720
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Tennis Court(s), Private School
Contact Information for 480-482 Pearce Street, Fall River MA 02720