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196 County St Fall River, MA 02723
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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,725 sqft
Price per Sqft $169
MLS Listing ID 72805468
Bedrooms 12
Full Baths 6
Year Built 1900
Annual Tax Amount $3,816
Tax Year 2020
Lot Size 8,712 Sqft
Property Sub-Type 5-9 Family
Property Description
Package Deal Alert – A 6 Unit Apartment Building (196 County St) and an adjacent Second property with 9 Garage Stalls (186 County St). See attached pro-forma for all numbers. Cap Rate of 7% - DSCR of 1.32. Plug and Play for any landlord to add to their portfolio. Everything is set up and in place – easements, assigned parking spaces, trash removal contract, snow removal, solid tenancy agreements…everyone is Tenant at Will. Strong rental history, everyone is at market. This is not a reclamation project. Most of the major capital expenditures have been done - unit 1R was gutted to studs all other units have been updated. Just buy it and keep it going. Current property manager can continue for new owners if they would like.
Location
State MA
County Bristol
Zoning G
Interior
Flooring Wood, Vinyl, Varies Per Unit
Exterior
Garage Spaces 9.0
Building
Lot Description Easements, Level
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Read Less
Bought with Donna Arruda • Jackie Durfee Real Estate

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