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249-263 Division St, Fall River, MA 02721

24 Bed, 11 Bath Multi-Family Home For Sale

249-263 Division St, Fall River, MA 02721 House For Sale - MLS #72612279
$1,450,000
24
11
Multi-Family
5+ Family
11

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Property Description for 249-263 Division St, Fall River, MA 02721

INVESTORS TAKE NOTE...NEW ALL ELECTRIC (ENERGY STAR RATED) 11 units on corner lot. Built 12/08! The two properties are separate, but being sold as a package.Perfect condo conversion. All separate utilities, up to 4 heating zones per unit, separate water meters, a/c units, owned hot water tanks, maple cabinets, fully applianced with microwaves, large rooms & baths, mixed flooring with hardwoods, tile & rug, all plastered, sprinklers, low voltage alarm system, off-st parking, laundry, handicap accessible on ground level, lots of storage, single family can be a 2 family or town house. All of the units are rented, some rents below market. Management company will stay aboard to manage @2% monthly fee, perfect for 1031 exchange.

Interior Details

10,299 sq. ft.
$140.79/sq. ft.

Exterior Details

0.13 acres
5,655 sq. ft.
1 Garage Spaces
6

Other Details

72612279
2008

Units Description

Unit #1
Rooms: 6      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 3      Rent: $1,070      Lease: Yes

Unit #2
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1,050      Lease: Yes

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(20%)

Monthly Mortgage Payments

$6,586
$9,173

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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