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550 June St, Fall River MA 02720

$679,000

Estimated $1,623.58/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $226,333.33

Total Rent: 37200/year

Estimated CAP Rate: 4.56%

7 Bedrooms

3 Full Baths

4,423 SqFt

Total Parking: 6

4,922 SqFt

Price to sell! Large 3 family fully rented out on a corner lot. Won’t last. Big driveway, partially fenced in yard. Brand new roof stripped and replaced 2 years ago. All units in addition to bedrooms and bathrooms have two separate dining/sitting areas and double parlors. Very large units! 3rd floor is 3 bed 1 bath, 2nd & 1st floor have 2 beds & 1 bath. All separate utilities. Gas stoves and heat. Coin-op in basement, with storage area and partially finished area. Lots of possibilities with this property. Only a HALF MILE to the new incoming train station and Less than a mile to the boardwalk waterfront district filled with restaurants, walking paths, etc.

This home has been viewed 68 times

Last Checked: April 3rd, 2025 at 4:19am (Source: MLS PIN #73311044)

Gross Income: $37,200

Gross Expenses: $6,271

Net Income Calc: $30,929

CAP Rate: 4.56%

Beach Front

Annual Expenses for 550 June St, Fall River MA 02720

Total Gross Expenses (Calculated)$6,271/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,271

Annual Income & Unit Breakdown for 550 June St, Fall River MA 02720

Total Gross Income (Calculated)$37,200

Unit 1

Rental Income$1,700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 550 June St, Fall River MA 02720

Listing ID73311044

Property TypeMulti Family / 3 Family

Price$679,000 ($153.52/SqFt)

Style3 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,423 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningA-2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesRiver, Bay, Ocean, Walk To, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 550 June 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$37,200

Total Net Income By Broker$37,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 550 June St, Fall River MA 02720

Real Estate Taxes$6,271

Tax Year2024

Assessed Value$545,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$37,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$37,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.56%

Location Information for 550 June St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Pool, Tennis Court(s), Stable(s), Marina, Private School, University, Other, Sidewalks

Contact Information for 550 June St, Fall River MA 02720

Agent

Name: Nicholas P. Ozug

Office

Name: Cheryl Darnbrough Real Estate

Phone: 508-677-2423

Payment Calculator

, Interest

Property Taxes 522.58

Principal & Interest 4183.78

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cheryl Darnbrough Real Estate

Nicholas P. Ozug

Agent Phone

Office Phone

(508) 677-2423

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 21
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[style] => Array
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    [team] => Array
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[terms] => Array
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[uffi] => Array
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)

EXIT

Withdrawn

550 June St, Fall River MA 02720

$679,000

Annual Expenses for 550 June St, Fall River MA 02720

Annual Income & Unit Breakdown for 550 June St, Fall River MA 02720

General Information for 550 June St, Fall River MA 02720

Disclosures for 550 June St, Fall River MA 02720

Financial Information for 550 June St, Fall River MA 02720

Location Information for 550 June St, Fall River MA 02720

Contact Information for 550 June St, Fall River MA 02720

Agent

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Cheryl Darnbrough Real Estate

Nicholas P. Ozug