Exceptional Investment Opportunity!! Wonderful family owned and occupied 3-unit home situated on oversized city lot with fenced in yard and detached 2 car garage. On all floors you will find spacious rooms, 2 bedrooms, and updated kitchens. Basement is super clean with 3 gas forced hot water heating systems, 3 electric Circuit Breaker panels, and 3 hot water tanks. Maintenance free vinyl exterior and replacement windows throughout. Plenty of off-street parking. Close to shopping, public transportation, and all commuter routes. South Coast Rail is soon to be operational also. Long term tenant on first floor and second and third floor was family occupied and will to be delivered vacant at time of closing. Extra storage unit on third floor gives opportunity to potential 3-bedroom apartment. This property won't last!!
Welcome to this unique opportunity to own a Single family and Multi family on the same lot in Fall River. This property has been owned and cared for by the same family since it was built. The single family home has hardwood floors throughout and offers 4 bedrooms and 2 baths. Bring your ideas for the 4 family that could easily be renovated to its true potential. The multi is located behind the single family. Providing convenience for an owner occupied situation. Water main is currently tied together between both properties, buyer and/or buyers agent to do due diligence if interested in subdividing the properties. Reach out today to find out more on the investment potential this property has to offer!
All units are rented, the 5 garages are rented and 2 storage units out of 6 units in the basement are rented! The numbers work! Everything is covered, cost of taxes, insurance and utilities! This 3 family is in a great location near the train station with a huge off-street parking lot! All units have been remodeled over the last several years and have baseboard heat. One unit is a modern townhouse with 2 bedrooms upstairs and a loft area for a 3rd bed / playroom / office. This unit has a huge living room / dining area with a tiled kitchen and bath. There is also a full walkout basement with storage units for additional income and is, perfect for a handyman to store their tools on street level. It's not often you will find an updated 3 family near the train station and 30 seconds from the highway!
Multi Generational living or investment opportunity? You choose! Welcome to 1082 Hancock Street! This Multi Family has so much to offer. Unit 1, the largest of the 4 units, provides loads of living space and an amazing, spacious 2nd floor with water views. This unit also features first floor laundry, full bath, 3 living areas and 2 additional bedrooms. Unit 2 which could also serve as an in-law apartment offers an EIK, full bath and huge living/bed studio with back porch for multiple uses. Unit 3 is single level, first floor accessible studio with huge picture window allowing tons of natural light. The 4th, East unit has been extensively remodeled with granite countertops, celestial windows to fabulous water views. Ample parking spaces, 1 car garage with tons of storage. Huge basement partially framed for additional rental living space. Walk to Watuppa Pond to launch kayak or canoe, spacious back yard for even more fun. Exceptional property and location, exciting opportunity.
INVESTOR ATTENTION FOR PORTFOLIO LISTING: Presenting 260 Fountain Street Condominium Portfolio consisting of 14 individual 1, 2 and 3 bedroom condos in one building. This is an excellent opportunity for an investor to capitalize on 14 separate properties to rent or sell, in one easy location. Most units are in move-in ready condition and have been well maintained. The property includes a modern coin-op laundry room. Take advantage of 260 Fountain Street's close proximity to the Battleship Cove, Bicentennial Park, Saint Anne's Hospital and the future Fall River Train Station (MBTA – Stoughton Line). Below market rents offer the potential for increased income for each of the properties. All condo docs and financials are available upon request. See attached "Unit Specifics" sheet for information on each unit. Seller open to offering seller’s concessions. Please include specifics this in your offer terms.
The median home value in Fall River, MA is $357,400. This is lower than the county median home value of $449,800. The national median home value is $338,100. The average price of homes sold in Fall River, MA is $357,400. Approximately 33.64% of Fall River homes are owned, compared to 58.97% rented, while 7.4% are vacant. Fall River real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fall River real estate agent to arrange a tour today!
Fall River, Massachusetts 02721 has a population of 93,339. Fall River 02721 is less family-centric than the surrounding county with 19.77% of the households containing married families with children. The county average for households married with children is 27.77%.
The median household income in Fall River, Massachusetts 02721 is $49,613. The median household income for the surrounding county is $74,290 compared to the national median of $69,021. The median age of people living in Fall River 02721 is 39.4 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 48.4 inches per year, with 34 inches of snow per year.