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Adam Dow

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

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801 N Main St , Fall River, MA 02720
$1,200,000
Est. Payment: $2,666.67/mo
12 Bed
9 Bath
6414 Sqft
Status: Active | Days on site: 143
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AN8561 - CN233441
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House Description

799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River’s most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collect

Highlights

Listed by Donald Martone , 401-954-0270 BOND BROKERAGE , 401-533-1021.

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1882

County

Bristol

Listing ID

73507804

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:9
  • Full Bathrooms:9
Floor:Tile,Vinyl
Water:Public

Exterior Features

Lot:Sloped
Garage Capacity:1
Zoning:B-L
Roof:Rubber,Asphalt/Composition Shingles
Others:
  • Additional:Balcony, Rain Gutters, Varies per Unit, Stone Wall
Sewer:Public Sewer
Parking Features:On Street,Parking Spaces: 1
Principal Interest
$2,667
Taxes
$575

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
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Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $575.33 $0.00 $3,242.00
Yearly $32,000.00 $6,904.00 $0.00 $38,904.00
Total $960,000.00 $207,120.00 $0.00 $1,167,120.00

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.