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Sold on 02/08/2020

181 Nashua St, Fall River, MA 02721

  • $1,044,000

    Last sold 02/08/2020 for $425K

  • 12

    bed

  • 6

    bath

  • 4,215

    Sqft ($101/Sqft)

Multi-family not for sale
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About 181 Nashua St

Property type Multi-family
Neighborhood
Year built 1901
HOA fee $0/month
Lot size 4,913 Sqft
Movoto estimate
Property description
NOI is $36,312 and Cap Rate is 8.25%. The rental market is tight and vacancies fill quickly for a premium. At $73,333 a unit, this 6-unit building is being offered for an investor looking to add a cash flowing and well managed property to their portfolio. Current ownership purchased the property, stabilized and repaired it and brought in a top management team to manage the day to day operations. Current management company has over 400 units under management and is willing to continue working with the new owners to ensure a seamless transition. This represents an opportunity for a passive investor to purchase income producing property and remain “hands off.” Fall River has several economic factors to continue to support the current income (and future growth) at this property. Sale includes 6 Fridges/6 Stoves/6 Water Heaters. Contract with vendor for coin-op laundry for added income. See attached report for further complete breakdown of property.
Listed by
Listing Agent - David Ferreira
Listing Office - Fortified Realty Group
Source: MLS Property Information Network, Inc. mls logo
MLS#72513419 • last updated 6 years ago
Movoto checked MLS Property Information Network, Inc. for data Just now
Overview
Levels/Style 5
Type Multi-family
MLS # 72513419
SqFt 4215
Status Sold
SubType 5-9 Family
Lot Size (Acre) 0.11
Property Tax 3094
Year Built 1901
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 6, 6
Total # of Bedrooms 12, 12
Total # of Rooms 36, 36, 36
Basement Full
# Fireplaces 0, 0
Exterior
Foundation Fieldstone, Granite
Exterior Brick
Roof Asphalt/Fiberglass Shingles
Parking Desc Off-Street
# Parking Spaces 6
Lot Desc City View(s)
Amenities / Utilities
Electricity Circuit Breakers, 60 Amps/Less
Utilities: Hot Water Natural Gas, Tank
Water Source City/Town Water
Location
County Bristol
APN M:0I-17 B:0000 L:0049, 2828516
Multifamily Details
# of Units 6
Unit 3 Rent 800
Unit 4 Rent 850
Unit 2 Rent 850
Unit 1 Rent 800
Lot/ Land Details
Road Type Public
$1.04M
Range: $918K-$1.16M
Last 30 days 
  • Sep 2019
    mls logo MLS # 72513419
  • Sep 4, 2019 Price Change
    $440,000 (-2.2%)
  • Jun 5, 2019 Listed
    $450,000 (+15.7%)
  • Mar 2019
    mls logo MLS # 72430890
  • Mar 10, 2019 Price Change
    $389,000 (-54.2%)
  • Dec 12, 2018 Price Change
    $850,000 (-10.5%)
  • Dec 7, 2018 Listed
    $950,000 (+322.2%)
  • Jun 2017
    mls logo MLS # 72187176
  • Jun 21, 2017 Listed
    $225,000 (-13.4%)
  • Jun 2016
    mls logo MLS # 72026356
  • Jun 14, 2016 Listed
    $259,900 (+23.8%)
  • Oct 2011
    Public Records
  • Oct 14, 2011 Sold
    $210,000 (+110.0%)
  • Jul 2010
    Public Records
  • Jul 30, 2010 Sold
    $100,000 (-72.4%)
  • Jan 2006
    Public Records
  • Jan 30, 2006 Sold
    $362,000 (+60.5%)
  • Jan 2003
    Public Records
  • Jan 24, 2003 Sold
    $225,500
  • 181 Nashua St
    $425K
  • Niagara
    $424K -1% y/y
  • 02721
    $444K +5% y/y
  • Fall River
    $454K +4% y/y
No chart available
Statistics calculated by Movoto

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3/10
William S Greene
public Grades PK, K-5
Fall River School District
3/10
Matthew J Kuss Middle School
public Grades 6-8
Fall River School District
2/10
B M C Durfee High School
public Grades 9-12
Fall River School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Bristol County
  • Fall River
  • 02721
  • Niagara
  • 181 Nashua St
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Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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