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164 Elm, Fall River, MA 02720

13 Bed, 4 Bath Multi-Family Home For Sale

164 Elm, Fall River, MA 02720 House For Sale - MLS #72616393
Under Agreement
$199,900
13
4
Multi-Family
4 Family

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Property Description for 164 Elm, Fall River, MA 02720

Enormous 4 family with potential 5th unit in need of renovations, priced under assessment, 50k per door plus expansion potential. Plenty of off street parking and a little green space to boot. Building does require substantive renovations and improvements made however the income potential is enormous. 10+ cap after renovations, for the right buyer not afraid of doing a good sized job for a good sized return. Each apartment has full size kitchens, 2 bedrooms plus a parlor and spacious baths. Property is vinyl sided and has separate electric and gas meters. Your chance to score another great income producing building for your portfolio!

Interior Details

4,022 sq. ft.
$49.70/sq. ft.

Exterior Details

0.12 acres
5,389 sq. ft.
1 Garage Spaces

Other Details

72616393
1900

Units Description

Unit #1
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 1     
Rooms : Living Room; Dining Room; Kitchen
Heating : Gas
Rent Includes : Water

Unit #2
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 1     
Rooms : Living Room; Dining Room; Kitchen
Heating : Gas
Rent Includes : Water

Unit #3
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 2     
Rooms : Living Room; Dining Room; Kitchen
Heating : Gas
Rent Includes : Water

Unit #4
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 2     
Rooms: Living Room; Dining Room; Kitchen
Heating: Gas
Rent Includes: Water

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Monthly Mortgage Payments

$908
$1,265

Town Description

The City of Fall River is an industrial community on the banks of the Taunton River in Bristol County with a long and fascinating history. The first settler was Benjamin Church, a hero of King...

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