1632-1636 S Main St - Apartments FOR SALE


Fall River, MA 02724- Downtown Fall River
$849,900 USD
774-488-1427
1632-1636 S Main St, Fall River, MA for Sale
$849,900 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

NEW


1632-1636 S Main St
Fall River, MA 02724
Downtown Fall River


HIGHLIGHTS

  • Renovations done within past couple of years
  • Large apartments
  • Off street Parking

OVERVIEW

This fully occupied, income-producing mixed use property features both residential and commercial space. The building includes one ground-level commercial storefront and four updated residential apartments—three spacious 3-bedroom units and one 2-bedroom unit. Each apartment has been thoughtfully renovated with attention to detail evident throughout. Four of the five units are equipped with air conditioning, enhancing tenant comfort. Additional amenities include washer/dryer hook ups, off-street parking for 5 to 7 vehicles, fenced in yard, and paved driveway. With strong rental income and recent improvements, this property is a solid addition to any investment portfolio or an excellent opportunity for an owner-occupant seeking a live/work arrangement. Rents are currently all below market rate.

FOR SALE DETAILS

PRICE

$849,900 USD

PRICE/SF

$100 USD /SF

# OF UNITS

5

PRICE/UNIT

$169,980

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

B-L

APN/PARCEL ID

FALL-000016B-000000-000035

ASK ABOUT THIS PROPERTY

Christopher PaivaPaiva Real Estate Services, LLCMore Info
774-488-1427

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Christopher PaivaPaiva Real Estate Services, LLCMore Info
774-488-1427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.