Attention investors here we have a cash flowing 5 unit property separate utilities! This property has the possibility to turn this into a 6 unit property. Fully occupied building with room for rents to improve. With the commuter rail set to open next year and the upside on ...
This home has been viewed 25 times
Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73060749)
Gross Income: $40,800
Gross Expenses: $4,125
Net Income Calc: $36,675
CAP Rate: 7.72%
Annual Expenses for 502 4th, Fall River MA 02721
Total Gross Expenses (Calculated)$4,125/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,125
Annual Income & Unit Breakdown for 502 4th, Fall River MA 02721
Total Gross Income (Calculated)$40,800
Unit 1
Rental Income$975
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$825
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$750
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 502 4th, Fall River MA 02721
Listing ID73060749
Property TypeMulti Family
Price$475,000 ($125.13/SqFt)
Style5+ Family - 5+ Units Up/down
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total3,796 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningA-2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 502 4th, Fall River MA 02721
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$49,500
Total Net Income By Broker$49,500
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 502 4th, Fall River MA 02721
Real Estate Taxes$4,125
Tax Year2022
Assessed Value$326,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$49,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$49,500
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.72%
Location Information for 502 4th, Fall River MA 02721
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 502 4th, Fall River MA 02721