Skip To Content

254-276 Fourth Street

Fall River, MA 02721
  • $2,000,000
  • STATUS: Active
  • MLS #: 72943540
UPDATED: 67 min ago
$2,000,000
  • 49
    BEDS
  • 0.38
    ACRES
  • 15
    BATHS
  • 0
    1/2 BATHS
  • 15,989
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Spencer Smith of Horvath & Tremblay.

Description

254, 270, 276 Fourth & 195-197 Rodman Street. The Portfolio consists of four (4) buildings centered around downtown Fall River with a total of forty-five (45) units made up of nine (9), 1-Bedroom/1 Bathroom units, one (1), 2-Bedroom/1-Bathroom unit, one (1), 5-Bedroom/1-Bathroom unit and thirty-three (33), Single-Room units. Additionally, there is an on-site office located within 254 Fourth Street that is utilized by property management. The single room units have access to six and one half shared bathrooms and five shared kitchens. The Portfolio contains 15,889 square feet of living area situated on a total of 0.38-acres of land (on three tax parcels) with on-site parking for eighteen (18) vehicles. The Properties enjoy close proximity to the Charlton Memorial Hospital, and the future Fall River Train Station (MBTA Stoughton Line) which is scheduled to open in 2023. Below market rents offer the potential for increased income for each of the properties.

Monthly Payment Calculator



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. Data last updated 2022-05-19T08:10:34.28.
www.welchmanrealestate.com/homes/125897002
Print Image

254-276 Fourth Street Fall River, MA 02721

  • Price: $2,000,000
  • Status: Active
  • On Site: Days
  • Updated: 67 min ago
  • MLS #: 72943540
49
Beds
15
Baths
0
½ Baths
0.38
Acres
15,989
SQFT
$125
$/SQFT
1900
Built
Neighborhood:
Other
County:
Bristol
Area:
Other
Property Description
254, 270, 276 Fourth & 195-197 Rodman Street. The Portfolio consists of four (4) buildings centered around downtown Fall River with a total of forty-five (45) units made up of nine (9), 1-Bedroom/1 Bathroom units, one (1), 2-Bedroom/1-Bathroom unit, one (1), 5-Bedroom/1-Bathroom unit and thirty-three (33), Single-Room units. Additionally, there is an on-site office located within 254 Fourth Street that is utilized by property management. The single room units have access to six and one half shared bathrooms and five shared kitchens. The Portfolio contains 15,889 square feet of living area situated on a total of 0.38-acres of land (on three tax parcels) with on-site parking for eighteen (18) vehicles. The Properties enjoy close proximity to the Charlton Memorial Hospital, and the future Fall River Train Station (MBTA Stoughton Line) which is scheduled to open in 2023. Below market rents offer the potential for increased income for each of the properties.
Exterior Features

Beachfront Yes Construction Frame Exterior VinylOther (See Remarks) Foundation BrickOther (See Remarks) Lot Description Corner Parking Features Off-Street Parking Spaces 20 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

Interior Features

Appliances Common Other (See Remarks) Basement Yes Bedrooms Unit1 8 Bedrooms Unit2 9 Cooling Common Other (See Remarks) Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 4 Floors Unit2 4 Full Baths Unit1 3 Full Baths Unit2 2 Half Baths Unit1 1 Half Baths Unit2 1 Heat Units 4 Heat Zones 0 Heating Common Other (See Remarks) Hot Water OilNatural Gas Interior Features Common Other (See Remarks) Levels 0 Levels Unit1 3 Levels Unit2 3 Rooms 25 Rooms Common Other (See Remarks) Rooms Unit1 10 Rooms Unit2 15

Property Features

Amenities Public TransportationShoppingParkHighway AccessHouse Of WorshipOther (See Remarks) Apod Available Yes Assessments 1362800.00 Disclosure No Electric Features Common Expenses Source EstimatedOwner ProvidedOther (See Remarks) Expenses Year End 01/21 Gross Operating Income 309143 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lender Owned No Multifamily Type 5+ Family - Rooming House Net Operating Income 151000 Rent Unit1 4600 Rent Unit2 5500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2022 Taxes 18836.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning A-2

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Spencer Smith of Horvath & Tremblay.


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. Data last updated 2022-05-19T08:10:34.28.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72943540_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72943540_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72943540_1.jpg
Logo
Welchman Real Estate Group | Keller Williams Realty of Newport
18 Commons
Little Compton RI, 02837
Listing courtesy of Spencer Smith of Horvath & Tremblay.