Movoto Real Estate
Sold on 01/31/2017

55 Reuben, Fall River, MA 02723

  • $830,000

    Last sold 01/31/2017 for $725K

  • 54

    bed

  • 22

    bath

  • 20,376

    Sqft ($36/Sqft)

Multi-family not for sale
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About 55 Reuben

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 0.37 Acre
Movoto estimate
Property description
ATTENTION INVESTORS! must sell 22 UPDATED RENOVATED APARTMENTS FULLY DELEADED. Gross income of $178200. NOI of $127000 and a great 13% Cap rate. Turnkey great investment. Updated kitchens, baths, windows, maintenance free exterior vinyl siding and roof less than 10 years old. All utilities are seperate for these 4 seperate very clean buildings. Selling as a package on the same corner lot, but they are already subdivided and you can sell them seperately in the future. EXCELLENT INCOME OF ~$15, 000 Per month. Eleven 3 bedrooms, Ten 2 bed and One 1 bed. 18 parking spaces. .(2)6 FAMS, (1)7 FAM, (1)3 FAM. Buildings are in the heart of Downtown Fall River which provides easy access to I-195, Route 79, and walking distance to many stores, restaurants, parks and shopping. Solid rental history and at only $53,000 per unit! owners have other projects on their plate. Package consists of 55-75 Reuben and 299-301 Quequechan St. once listed for 1,999,000.
Listed by
Listing Agent - Tom Gamache
Listing Office - Dan Quintal Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#71993552 • last updated 9 years ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Levels/Style 2
Type Multi-family
MLS # 71993552
SqFt 20376
Status Sold
SubType 5+ Family - 5+ Units Up/Down
Lot Size (Acre) 0.37
Property Tax 12442
Year Built 1920
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 22, 22
Total # of Bedrooms 54, 54
Total # of Rooms 10, 89, 10
Basement Full
# Fireplaces 0, 0
Exterior
Foundation Other (See Remarks)
Parking Desc Off-Street
# Parking Spaces 18
Lot Desc Corner, Paved Drive
Amenities / Utilities
Utilities: Hot Water Natural Gas
Water Source City/Town Water
HOA Amenities Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
Location
County Bristol
Multifamily Details
# of Units 22
Unit 2 Rent 800
Unit 1 Rent 850
$830K
Range: $688K-$971K
Last 30 days 
  • Jan 2017
    mls logo MLS # 71993552
  • Jan 31, 2017 Sold
    $725,000 (-19.0%)
  • Jan 11, 2017 Under Agreement
  • Dec 31, 2016 Contingent
  • Oct 7, 2016 Price Changed
    $895,000 (-5.7%)
  • Apr 25, 2016 Listed
    $949,000
  • 55 Reuben
    $725K
  • 02723
    $324K -13% y/y
  • Fall River
    $449K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Samuel Watson
public Grades K-5
Fall River School District
4/10
Talbot Innovation 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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