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186 John St Fall River, MA 02721
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,298 sqft
Price per Sqft $144
MLS Listing ID 73381917
Bedrooms 15
Full Baths 8
Year Built 1900
Annual Tax Amount $10,122
Tax Year 2025
Lot Size 4,791 Sqft
Property Sub-Type 5-9 Family
Property Description
Prime Investment Opportunity Income-Producing Property in Rapidly Growing City. This is a seasoned investors dream.Turnkey asset ideal for investors, REITs, or 1031 exchange.Add this beauty to your portfolio, it most certainly will not disappoint!Strategic location near transit, downtown, and areas greatest landmarks. This building is immaculate!Property offers curb appeal, parking and boasts modern and tastefully remodeled units.Recently painted dormers.Newer sprinkler system and roof.Blow-in in attic insulation(2020) Newer water heaters, windows. Clean and bright laundry room with 2 coin op washers and 2 coin op dryers making this building attractive to the everyday tenant looking for convenience.Two Additional units in lower level adding to rental income. High occupancy rates with established tenants some long term tenants and all tenants are current. Buildings annual gross is a little over 140k with potential to be increased. Full financials, rent roll and showings available.
Location
State MA
County Bristol
Zoning A-2
Interior
Flooring Wood, Plywood, Vinyl, Carpet, Varies, Hardwood
Exterior
Exterior Feature Rain Gutters, Sprinkler System
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Utilities Available for Gas Range, for Gas Oven
Roof Type Shingle
Building
Lot Description Corner Lot
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Sophie Shea • Coldwell Banker Realty - Boston

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