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283-289 Fifth St, Fall River, MA 02721

  • $999,000

  • 10

    bed

  • 5

    bath

  • 5,000

    Sqft ($200/Sqft)

Multi-family for sale 6 days
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About 283-289 Fifth St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 7,196 Sqft
Movoto estimate
Property description
Rare opportunity to acquire a 5 unit package consisting of a 3 family and 2 family offered together for under $1M. Strong income potential with both buildings featuring vacancies, allowing a buyer to set market rents immediately. Fully rented, the property has the ability to generate close to $10,000 per month. Ideal for investor or owner occupant looking to scale with built in upside. Units offer functional layouts with solid bedroom counts and separate utilities. Off street parking and convenient location near major routes, shopping and amenities add to long term desirability. Excellent value add opportunity with significant rental growth potential. Buyers to perform their own due diligence.
Listed by
Listing Agent - Ricci Group
Listing Office - Century 21 North East Homes
Source: MLS Property Information Network, Inc. mls logo
MLS#73512335 • last updated 6 days ago
Movoto checked MLS Property Information Network, Inc. for data 9 minutes ago
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Overview
Levels/Style 5, 5
MLS # 73512335
Type Residential Income
Status Active
SubType 5+ Family - 5+ Units Up/Down
SqFt 5000
Lot Size (SqFt) 7196
Lot Size (Acres) 0.17
Annual Property Tax 6991
Year Built 1940
Interior
Total # of Bathrooms 5
# Full Baths 5
Total # of Bedrooms 10
Basement Full
Total # of Rooms 29
Exterior
Foundation Granite
Fencing Fenced/Enclosed
Lot Desc Cleared
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Bristol
Zoning R
Directions Off
Multifamily Details
Net Operating Income 84000
Total Actual Rent 9200
Gross Income 84000
Lot/ Land Details
Road Frontage Public
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Around Corky Row

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78/100
Walk
76/100
Family
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Dining
83/100
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  • Real Estate
  • MA
  • Bristol County
  • Fall River
  • 02721
  • Corky Row
  • 283-289 Fifth St

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