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229 Tripp St, Fall River, MA 02724

$975,000
  • 12

    bed

  • 6

    bath

  • 4,968

    Sqft ($196/Sqft)

Multi-family for sale 32 days

About 229 Tripp St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 5,985 Sqft
Movoto estimate
Property description
Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $100K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
Listed by
Listing Agent - Mario Pereira
Listing Office - eXp Realty LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73565049 • last updated 1 week ago
Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago
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Overview
Heating Natural Gas
Levels/Style 5, 5
MLS # 73565049
Type Residential Income
Status Active
SubType 5-9 Family
SqFt 4968
Lot Size (SqFt) 5985
Lot Size (Acres) 0.14
Annual Property Tax 9354
Year Built 1900
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 12
Basement Full
Total # of Rooms 24
Laundry Electric Dryer Hookup, Washer Hookup
Flooring Vinyl, Carpet
Appliances Range, Refrigerator
Interior Features Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen
Window Features Storm Window(s)
Exterior
Foundation Block
Roof Shingle
Construction Frame
Parking Desc Off Street
# Parking Spaces 6
Patio/ Porch Porch
Fencing Fenced
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Electricity 110 Volts
Water Source Public
Location
County Bristol
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School
Middle School Kuss Middle School
High School Durfee/Diman
Zoning IND
APN 2821398
Directions Between South Main Street & Kilburn Street Off Of Charles Street
Multifamily Details
Net Operating Income 85500
Total Actual Rent 8475
Gross Income 85500
Lot/ Land Details
Road Frontage Public, Dead End
Road Responsibility Public Maintained Road
Road Surface Paved
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Around Father Kelly

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  • Real Estate
  • MA
  • Bristol County
  • Fall River
  • 02724
  • Father Kelly
  • 229 Tripp St

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