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Sold on 03/02/2022
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887 2nd St, Fall River, MA 02721

$802,000

Last sold 03/02/2022 for $610K

  • 8

    bed

  • 6

    bath

  • 3,989

    Sqft ($153/Sqft)

Multi-family not for sale
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About 887 2nd St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 4,822 Sqft
Movoto estimate
Property description
Investors take note! Well maintained 6 Unit mixed use property offering 5 residential units and 1 store front. Includes (1) 3 bedroom unit, (1) 2 bedroom unit, and (3) 1 bedroom units. Property has seen improvements throughout the past couple of years which include but not limited to the roof, windows, siding, and electrical. One unit currently vacant and will remain vacant until sale all other tenants have occupied the property long term. Store front is currently being operated by a barbershop that has been in business for over 40 years which shows this is a great location zoned business with high visibility/traffic and close by to highway access. Property also offers off street parking. Located only 2 miles from the soon to be Fall River MBTA station. Potential NOI of $60k+. 3 units to be delivered vacant by April 1st great opportunity for you to choose your own tenants.
Listed by
Listing Agent - Christopher J. Paiva
Listing Office - Paiva Real Estate Services, LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#72927893 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago
Overview
Heating Natural Gas, Space Heater, Baseboard
Levels/Style 5, 5
MLS # 72927893
Type Residential Income
Status Closed
SubType 5+ Family - 5+ Units Up/Down
SqFt 3989
Lot Size (SqFt) 4822
Lot Size (Acres) 0.11
Annual Property Tax 4162.83
Year Built 1900
Interior
Total # of Bathrooms 6
# Full Baths 5
# Half Baths 1
Total # of Bedrooms 8
Basement Full
Total # of Rooms 21
Flooring Vinyl, Carpet, Varies, Hardwood
Appliances Range, Refrigerator
Interior Features Bathroom With Tub & Shower, Bathroom With Shower Stall, Living Room, Kitchen, Living RM/Dining RM Combo
Exterior
Foundation Granite
Roof Asphalt/Composition Shingles
Construction Frame
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 5
Exterior Features Rain Gutters
Fencing Fenced/Enclosed, Fenced
Lot Desc Cleared
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Varies Per Unit
Electricity 110 Volts, 220 Volts, Circuit Breakers, 60 Amps/Less, 100 Amp Service, Individually Metered, Varies Per Unit
Water Source Public
Location
County Bristol
Community Features Public Transportation, Shopping, Laundromat, Highway Access
Zoning B-L
APN M:0G08 B:0000 L:0036, 2826057
Directions Plymouth Ave And Second St Intersection
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Net Operating Income 27098
Operating Expense 4560
Total Actual Rent 2235
Financial Data Source Owner
Expense: Water/ Sewer 2000
Gross Income 35820
Lot/ Land Details
Road Frontage Public
$802K
Range: $641K-$962K
Last 30 days 
  • May 2022
    mls logo MLS # 72927893
  • May 14, 2022 Sold
    $610,000 (-4.7%)
  • Dec 15, 2021 Listed
    $639,900
  • Year Property taxes Tax assessment
  • 2024
    $5,585 +24.4%
    $502,900 +23.35%
  • 2022
    $4,488
    $407,700
  • 887 2nd St
    $610K
  • St. Annes
    $351K
  • 02721
    $444K +5% y/y
  • Fall River
    $429K +8% y/y
No chart available
Statistics calculated by Movoto

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3/10
Henry Lord Community School
public Grades PK, K-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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