$435,000
●
Multifamily -
Off Market
149 Nelson Street
Fall River, MA 02721
9 Beds
4 Baths
3,945 Ft²
$589,283
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
EXCELLENT 4-Family in the Maplewood area of Fall River. This
property is exceptionally well developed, improved and maintained.
Apartments 1 & 2 are floor throughout with 3 bedroom units .
Hardwood floors throughout the 1st floor. Hardwood floors
under New carpet and padding on 2nd and 3rd floors. All
apartments are in well kept condition. Roof was completely
done 6 years ago. All water tanks replaced less than 2 years. Solid
heat and plumbing throughout. Vinyl Siding and off street
parking for 2 cars. Plenty of storage in basement with Coin
operated washer and dryer. Separate utilities for each unit.
$48,000 gross income. All you need to do is write the
contract, close the deal and collect the rent.
**PRIVATE SHOWINGS ONLY. SATURDAY 1-4 PM and WEDNESDAY 4-7 PM
. PLEASE CALL OR TEXT AGENTS TO SCHEDULE AN APPOINTMENT
** MUST COME PREPARED WITH MASKS AND GLOVES**
Unit Size
3,945 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$108
Property Type
Multifamily
Property Taxes
$329
HOA Dues
-
Year Built
1900
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 years ago (MLSPIN #72650983)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details
Full Bathrooms: 4
Appliances: Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater
Flooring Type: Carpet, Hardwood, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet), Unit 4(Wall to Wall Carpet)
Rooms: 23
Basement: Full, Interior Entry, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 4 Family
Stories (Total): 9
Building Area Units: Square Feet
Construction Materials: Stone
Lead Paint: Unknown
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R-4
Parcel Number: M:0F08 B:0000 L:0028, 2824274
Water Source: Public
Financial Details
Tax Map Number: 0F-08
Tax Assessed Value: $272,900
Tax Annual Amount: $3,943
Utilities Details
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Highway Access, Public School, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2020
| |
9 Bed
|
4 Bath
|
3945 ft²
|
$425,000
9 Bed
4 Bath
3945 ft²
|
$435,000
+2.35%
07/03/2020
|
Elizabeth Stump
Elizabeth Stump
|
|
12/10/2012
| |
8 Bed
|
4 Bath
|
3945 ft²
|
$259,900
8 Bed
4 Bath
3945 ft²
|
$245,000
-5.73%
05/01/2013
|
Alda Moniz
Affordable Real Estate, Inc.
|
Building Info
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