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You are here:
Home Massachusetts Fall River Multi-Family Homes for Sale

337 Columbia St Fall River, MA 02723

Contingent
17 Photos
$699,900
5 Unit
4 Beds
5 Baths
4416 SQFT
0.07 Acre
337 Columbia St
Fall River, MA 02723

Property Description

Attention savvy investors! Discover a golden opportunity in the heart of Fall River with this prime mixed-use, 5-unit building. Featuring 4 fully rented one-bedroom residential units on tenant-at-will leases and a long-term commercial tenant secured for the next 3 years, this property promises steady income. Recent updates include a newer rubber roof, a remodeled first floor, and modern upgrades throughout, ensuring top-notch quality. With the upcoming commuter rail expected in a few years, the cash cow potential is immense. Conveniently located near local shopping and highway entrances, this low-maintenance property with separate utilities is a strategic investment in the future. Don’t miss out—contact us today to schedule a viewing and secure your prosperous investment in Fall River!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 11
  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping
  • Basement Features: Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Ceiling Fans, Tile Floor
  • Common Appliances: Range, Refrigerator

Financial

  • APOD Available: No
  • Gross Operating Income: 72000
  • Net Operating Income: 72000

Utilities

  • Heat Zones: 5
  • Cooling Zones: 1
  • Electric Info: Circuit Breakers, Individually Metered, Underground, Varies per Unit
  • Utility Connections: for Gas Oven, for Gas Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Laminate, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73251391
  • Last Updated: 06/18/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/20/2024Contingent$699,900MLSPIN
06/18/2024Contingent$699,900$158MLSPIN
06/16/2024Active$699,900MLSPIN
06/16/2024Active$699,900$158MLSPIN
06/12/2024New$699,900MLSPIN
06/12/2024New$699,900$158MLSPIN

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Map & Resources

Seller's Representative: Luis Martins Realty Team, RE/MAX Synergy
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-06-18 15:56:00