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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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155 Rodman St , Fall River, MA 02721
$699,000
Est. Payment: $1,553.33/mo
6 Bed
5 Bath
3115 Sqft
Status: Active | Days on site: 157
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AN8960 - TM357461
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner. Please see MLS #: 73500576
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Highlights

Listed by Gilded Girls Group , 401-302-4404 Beach Homes Realty, LLC , 833-582-3224.

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1880

County

Bristol

Listing ID

73500571

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:4
  • ▪ 1/2 Bathrooms:1
Air Cond:Window Unit(s)
Fireplaces:
Floor:Vinyl,Carpet,Hardwood
Water:Public

Exterior Features

Garage Capacity:3
Zoning:CBD
Roof:Shingle
Others:
  • ▪ Additional:Decorative Lighting, Fruit Trees
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 3
Principal Interest
$1,553
Taxes
$295

Home Price

$699,000

Loan Details

30 yrs
%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,553.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,553.33 $294.55 $0.00 $1,847.88
Yearly $18,640.00 $3,534.61 $0.00 $22,174.61
Total $559,200.00 $106,038.30 $0.00 $665,238.30

Today's Rates

30 Year

0%

20 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fall River, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.