Introducing a prime investment opportunity in the rapidly revitalizing city of Fall River! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, Fall River is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown Fall River, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass FHA/VA Loan.
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Last Updated: November 21st, 2024 at 7:48am
Highway Access
Public School
Shopping
Medical Facility
Laundromat
Public Transportation
Sidewalks
General Information for 474 William St, Fall River, Massachusetts 02721
Property TypeResidential Income
Property Sub TypeMulti Family
Price$500,000
Price per sqft$178.06
MLS #73311453
Handicap Access / FeaturesNo
List Date2024-11-11
Special Listing Conditions
StateMassachusetts
Street NameWilliam St
CityFall River
Zip Code02721
CountyBristol
MLS Status
Covered Parking Spaces2
Heating Y/NYes
Heating System
Heat Zones
Sold Date20/12/2024
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2808
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces2
Listing Service
UnparsedAddress474 William St, Fall River MA 02721
Zoning
Interior Features for 474 William St, Fall River, Massachusetts 02721
* Approx. Living Area Total2,808 sq ft
Living Area Includes BasementNo
Bedrooms6
* # Fireplaces0
Bathrooms (Total)3
Full Baths3
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area DisclosureAll room sizes are approximate
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_13
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 474 William St, Fall River, Massachusetts 02721
* Approximate Lot Size0.08 acres
Covered Parking Spaces2
Lot FeaturesLevel
* Parking Spaces2
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsGranite
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)3,511 Sqft
Disclosures for 474 William St, Fall River, Massachusetts 02721
Buyer Agent Compensation
ContingencyPending P&S
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area DisclosureAll room sizes are approximate
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 474 William St, Fall River, Massachusetts 02721
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceNot Available
Gross Income$44,400
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT11500
MLSPIN_RENT21200
MLSPIN_RENT31000
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$44,400
OperatingExpense$0
OriginalListPrice$500,000
RENT_FEE_INCLUDES
TOTAL_RENT3700
WaterSewerExpense$0
Lifestyle Information for 474 William St, Fall River, Massachusetts 02721
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 474 William St, Fall River, Massachusetts 02721
Elementary SchoolJohn Doran
Middle SchoolJohn Doran
High SchoolBmc Durfee
NumberOfUnitsTotal3
Marketing History for 474 William St, Fall River, Massachusetts 02721
MLSPIN_MARKET_TIME_BROKER9
MLSPIN_MARKET_TIME_PROPERTY9
PurchaseContractDate2024-11-19
Agent Information for 474 William St, Fall River, Massachusetts 02721