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52 Marchand Street Fall River, MA 02723
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Key Details
Sold Price $662,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,031 sqft
Price per Sqft $218
MLS Listing ID 72900467
Bedrooms 9
Full Baths 7
Year Built 1900
Annual Tax Amount $3,601
Tax Year 2021
Lot Size 4,356 Sqft
Property Sub-Type 5-9 Family
Property Description
New to the market. Attention investors and those investors who may also want to occupy their own unit to live in. A Totally Renovated 5 Unit Investment Property. Interior has been gutted and rebuilt from the studs, no knob and tube wiring. New roof in 2015. Totally protected with sprinkler system and hard-wired smoke/carbon monoxide detectors. it features (4) two bedroom units & (1) one bedroom units. All units have open kitchens w/granite, SS appliances & nicely done bathrooms. All utilities are separate, coin-op washers and dryers located in the in basement, egress for all. Short walk to bus line. Fully leased and occupied with great hassle-free monthly rental income. The ratio of total operating expenses to the total current rental income is 21%. And there is still upside on the current monthly rent figures.
Location
State MA
County Bristol
Zoning G
Interior
Heating Unit 1(Electric)
Flooring Tile, Vinyl, Carpet, Laminate
Laundry Washer Hookup
Exterior
Exterior Feature Rain Gutters
Fence Fenced
Community Features Public Transportation, Park
Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Roof Type Shingle
Building
Lot Description Gentle Sloping
Story 11
Foundation Concrete Perimeter, Granite
Sewer Public Sewer
Water Public
Read Less
Bought with Donna Arruda • Jackie Durfee Real Estate

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