Come see this fantastic owner occupied two - family home in Fall River, ideal for Urban and Residential living. Each spacious unit offers 3 Bedrooms and 1 Bath with an open floor plan, providing a bright and airy feel. With a basement and 5 off-street parking spaces, convenience is key plus, this property is just minutes from the new commuter rail, making it a great option for commuters.Whether you're looking to generate rental income or enjoy multi-generational living, this home has incredible potential! This property is ideal for Investors also.
This home has been viewed 120 times
Last Checked: February 13th, 2025 at 5:19am (Source: MLS PIN #73300057)
Gross Income: $18,000
Gross Expenses: $4,799
Net Income Calc: $13,201
CAP Rate: 2.44%
Annual Expenses for 536 N Underwood St, Fall River MA 02720
Total Gross Expenses (Calculated)$4,799/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,799
Annual Income & Unit Breakdown for 536 N Underwood St, Fall River MA 02720
Total Gross Income (Calculated)$18,000
Unit 1
Rental Income$1,500
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 536 N Underwood St, Fall River MA 02720
Listing ID73300057
Property TypeMulti Family / 2 Family
Price$540,000 ($197.37/SqFt)
Style2 Family - 2 Units Up/down
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total2,736 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking5
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 DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 536 N Underwood 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$18,000
Total Net Income By Broker$18,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 536 N Underwood St, Fall River MA 02720
Real Estate Taxes$4,799
Tax Year2024
Assessed Value$417,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$18,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$18,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.44%
Location Information for 536 N Underwood St, Fall River MA 02720
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Public Transportation, T-station
Contact Information for 536 N Underwood St, Fall River MA 02720