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You are here:
11 Days on Boston Pads
21 Photos
$1,050,000
9 Unit
9 Beds
9 Baths
4076 SQFT
0.11 Acre
772 2nd St
Fall River, MA 02721

Property Description

Attention investors, great opportunity to own this fully rented 9-unit Multi-Family generating $121,548 in Gross Income with a potential for $137,700 at market rents. All units are 2-room studios with wood floors, full kitchen and full bath. This incredibly well maintained building has newer roof, heat and hot water as well as an updated central fire system for the common areas. Electric is updated and all knob and tube wiring has been removed by a licensed electrician. There are 4 off street parking spaces and Coin Operated Laundry in the basement. Conveniently located near St Ann's Hospital and Kennedy Park and under 2 miles to the new Fall River Commuter Rail Station. Please text or email for an appointment. Group Showing 7/22/24 1 PM

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 9
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 9
  • Amenities: Highway Access, House of Worship, Laundromat, Public Transportation, Shopping
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Gross Operating Income: 121548
  • Net Operating Income: 121548

Utilities

  • Heat Zones: 1
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water
  • Under Lease: Yes
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water
  • Under Lease: Yes
  • Levels: 1

Unit 3 Description

  • Included in Rent: Electric, Heat, Hot Water
  • Under Lease: Yes

Unit 4 Description

  • Included in Rent: Electric, Heat, Hot Water
  • Under Lease: Yes

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73265169
  • Last Updated: 07/20/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/20/2024Active$1,050,000$258MLSPIN
07/16/2024New$1,050,000$258MLSPIN
05/17/2024Expired$998,000$245MLSPIN
12/29/2023Temporarily Withdrawn$998,000$245MLSPIN
12/19/2023Contingent$998,000$245MLSPIN
12/18/2023Active$998,000$245MLSPIN
12/14/2023Back on Market$998,000$245MLSPIN
12/02/2023Contingent$998,000$245MLSPIN
11/15/2023Active$998,000$245MLSPIN
11/11/2023New$998,000$245MLSPIN

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Map & Resources

Seller's Representative: The Joni Shore Group, Douglas Elliman Real Estate - Wellesley
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 1.0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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 2024-07-20 03:05:00

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