Opportunity Awaits on This Spacious Corner Lot in Fall River!Located on a desirable corner lot in the heart of Fall River, this 3-unit home offers incredible potential for the right buyer. Perfect for an investor or owner occupied searching for a space to customize and build sweat equity, this property is ready for completion. Each unit awaits your finishing touches to unlock its full potential.A major highlight of the property is the detached 2-car garage, which offers additional storage or parking space, making it a valuable asset. The generous corner lot provides plenty of room for outdoor activities. While renovations are needed, this presents a fantastic opportunity to bring your vision to life and restore the home to its former glory.
This home has been viewed 24 times
Last Updated: March 19th, 2025 at 5:08am
Gross Income: $62,400
Gross Expenses: $4,995
Net Income Calc: $57,405
CAP Rate: 9.57%
Annual Expenses for 156 Bowen St, Fall River MA 02724
Total Gross Expenses (Calculated)$4,995/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$4,995
Annual Income & Unit Breakdown for 156 Bowen St, Fall River MA 02724
Total Gross Income (Calculated)$62,400
Unit 1
Rental Income2000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income1600
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income1600
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 156 Bowen St, Fall River MA 02724
Listing ID73337700
Property TypeMulti Family / 3 Family
Price$599,900 ($211.75/SqFt)
Style
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total2,833 SqFt
Approximate Lot Size (Acres)0.29 acres
Total Parking3
Garage Parking2 / Detached
Year Built1900
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter,Granite
Accessible Features
Outdoor SpaceDeck, Deck - Wood, Enclosed
ZoningR-8
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 156 Bowen St, Fall River MA 02724
Disclosures for 156 Bowen St, Fall River MA 02724
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNot Available
Total Gross Expenses By Broker$0
Total Gross Income By Broker$62,400
Total Net Income By Broker$62,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 156 Bowen St, Fall River MA 02724
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 156 Bowen St, Fall River MA 02724