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Adam Dow

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

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229 Tripp St , Fall River, MA 02724
$975,000
Est. Payment: $2,166.67/mo
12 Bed
6 Bath
4968 Sqft
Status: Active | Days on site: 30
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AN4389 - CT008183
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House Description

Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $100K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.

Highlights

Listed by Mario Pereira , 508-951-6600 eXp Realty LLC , 888-854-7493.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1900

County

Bristol

Listing ID

73565049

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Range, Refrigerator
Floor:Vinyl,Carpet
Other:
  • Additional:Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:6
Zoning:IND
Roof:Shingle
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 6
Principal Interest
$2,167
Taxes
$780

Home Price

$975,000

Loan Details

30 yrs
%

Down Payment

20%
$195,000
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Monthly Price:
$2,166.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,166.67 $779.50 $0.00 $2,946.17
Yearly $26,000.00 $9,354.00 $0.00 $35,354.00
Total $780,000.00 $280,620.00 $0.00 $1,060,620.00

Today's Rates

30 Year

0%

20 Year

0%

15 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.