If you're looking for a turnkey two-family home in Fall River, look no further than 301 America Street. This fully renovated property offers modern living with brand new plumbing and electrical systems throughout. Each unit is equipped with new appliances and features efficient mini-split systems that provide both heating and air conditioning for year-round comfort. The first-floor unit is currently rented at a strong market rate, providing immediate income potential. The second-floor unit will be delivered vacant, making it perfect for owner-occupancy or selecting your own tenant. The home also boasts a well-maintained exterior, with siding and a newer roof that are both in excellent condition. Outside, you'll find a spacious backyard, a garage, and an additional shed for storage, offering plenty of space and functionality. Whether you're looking to invest or live in one unit while renting out the other, 301 America Street is a move-in ready opportunity you won’t want to miss!
This home has been viewed 18 times
Last Updated: March 31st, 2025 at 5:03am
Gross Income: $25,200
Gross Expenses: $3,859
Net Income Calc: $21,341
CAP Rate: 4.28%
Annual Expenses for 301 America St, Fall River MA 02721
Total Gross Expenses (Calculated)$3,859/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$3,859
Annual Income & Unit Breakdown for 301 America St, Fall River MA 02721
Total Gross Income (Calculated)$25,200
Unit 1
Rental Income2100
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 301 America St, Fall River MA 02721
Listing ID73350739
Property TypeMulti Family
Price$499,000 ($241.18/SqFt)
Style
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total2,069 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking5
Garage Parking1 / Detached
Year Built1930
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCleared
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningB-L
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 301 America St, Fall River MA 02721
Disclosures for 301 America St, 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$25,200
Total Net Income By Broker$25,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 301 America St, Fall River MA 02721
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s)
Contact Information for 301 America St, Fall River MA 02721