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170-174 Hall St, Fall River, MA 02724

29 Bed, 11 Bath Multi-Family Home For Sale

170-174 Hall St, Fall River, MA 02724 House For Sale - MLS #72568208
Off the Market
$899,999
29
11
Multi-Family
5+ Family
11

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Property Description for 170-174 Hall St, Fall River, MA 02724

Final group showing Thursday 10/10 4:30pm. Highest and best Offers due by noon Friday 10/11. CALLING ALL INVESTORS LOOKING FOR LARGE INCOME! $115,500 in current annual income, with NOI around $100,000. Very attractive 11% CAP RATE and nice apartment layouts. 11 UPDATED & DE-LEADED UNITS total. The front 6 family is large and all 3 BEDROOM apartments. The 5 family consist of one 3 BEDROOM apartment on the top floor and four 2 BEDROOM apartments all side by side. Total of 29 bedrooms and 11 bathrooms. Apartments fully renovated in 2019, new baths, kitchens, engineered hardwood floor. The Apartments show well and there is high demand for these apartments. Buildings are fully rented. See attached for financials. All tenants pay their own utilities.Opportunity to raise annual rent income to 130,000. Tons of cash flow even if you have a mortgage.

Interior Details

8,226 sq. ft.
$109.41/sq. ft.

Exterior Details

0.16 acres
6,910 sq. ft.

Other Details

72568208
1900

Units Description

Unit #1
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Fireplaces: 1      Levels: 1      Floor: 1      Rent: $1,150     

Unit #2
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Fireplaces: 1      Levels: 1      Floor: 1      Rent: $1,000      Lease: Yes

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Mortgage Calculator


(20%)

Monthly Mortgage Payments

$4,088
$5,694

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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