Fall River, MA 02721,305 Fourth Street
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Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
Fall River, MA 02721,305 Fourth Street
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The Team - Real Estate Advisors

The Team - Real Estate Advisors

+1(617) 588-0108
$ 799,000
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305 Fourth Street Fall River, MA 02721

8 Beds

6 Baths

4,325 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,325 sqft

Price per Sqft $184

MLS Listing ID 73350104

Bedrooms 8

Full Baths 6

Year Built 1900

Annual Tax Amount $5,634

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5-9 Family

Property Description

Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don't miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there's significant opportunity to increase cash flow. The 6 well-maintained units are ideal for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don't miss out—schedule a showing today! Buy as a package deal with MLS# 73350103

Location

State MA

County Bristol

Zoning 6 Family

Direction GPS

Rooms

Basement Full

Interior

Flooring Wood

Exterior

Exterior Feature Rain Gutters, Other

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other

Utilities Available for Gas Range

Roof Type Other

Garage No

Building

Lot Description Corner Lot, Other

Story 9

Foundation Block, Other

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by NextGen Realty, Inc.
agent

The Team - Real Estate Advisors

Agent

+1(617) 588-0108

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305 Fourth Street