Movoto Real Estate
Sold on 12/29/2016

55-75 Reuben, Fall River, MA 02723

$898,000

Last sold 12/29/2016 for $725K

  • 54

    bed

  • 22

    bath

  • 20,376

    Sqft ($36/Sqft)

Multi-family not for sale

About 55-75 Reuben

Property type Multi-family
Neighborhood
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 3, 3
MLS # 71993552
Type Residential Income
Status Closed
SubType 5+ Family - 5+ Units Up/Down
SqFt 20376
Lot Size (SqFt) 16117
Lot Size (Acres) 0.37
Annual Property Tax 12442
Year Built 1920
Interior
Total # of Bathrooms 22
# Full Baths 22
Total # of Bedrooms 54
Basement Full
Total # of Rooms 89
Exterior
Foundation Other
Parking Desc Paved Drive, Off Street
# Parking Spaces 18
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Bristol
Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
Zoning Res
Directions Route 24 South To Eastern Ave To Pleasent To Quequechan
Multifamily Details
Net Operating Income 127000
Operating Expense 42842
Total Actual Rent 14850
Financial Data Source Owner
Expense: Water/ Sewer 18400
Gross Income 178200
$898K
Range: $745K-$1.05M
Last 30 days 
  • Jan 2017
    mls logo MLS # 71993552
  • Jan 31, 2017 Sold
    $725,000 (-19.0%)
  • Apr 25, 2016 Listed
    $895,000 (+96.7%)
  • Dec 2005
    Public Records
  • Dec 19, 2005 Sold
    $455,000
  • Year Property taxes Tax assessment
  • 2025
    $8,583 +12.6%
    $749,600 +12.96%
  • 2024
    $7,625 +10.6%
    $663,600 +18.12%
  • 2023
    $6,893 +15.2%
    $561,800 +18.5%
  • 2022
    $5,983 +10.7%
    $474,100 +21.28%
  • 2021
    $5,406 +17.7%
    $390,900 +23.0%
  • 2020
    $4,592
    $317,800
  • 55-75 Reuben
    $725K
  • Flint
    $418K +8% y/y
  • 02723
    $324K -13% y/y
  • Fall River
    $429K +8% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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