280 Ridge St

$585,000

● Multifamily - Off Market

280 Ridge St

Fall River, MA 02721

10 Beds

4 Baths

4,300 Ft²

$597,577

RealtyHop Estimate

3.05%

Since Apr 1, 2023

National-US

Primary Model

About This Property

ACCEPTED OFFER - OPEN HOUSE CANCELED - Welcome to 280 Ridge Street - Great opportunity to own two cash-flowing buildings on one lot in the exploding city of Fall River with the new MBTA Commuter rail coming soon! Investment property consisting of two separate buildings on one parcel of land. Located near St. Anne's hospital, and Battleship cove. The front building is an solid updated 3-family consisting of all 2 bedroom units + 1 bath and coin operated laundry in the basement. The building in the rear is a 4-bedroom single family + 1 bath. Property offers vinyl windows and siding, separate utilities with 1st floor having radiators, 2nd and 3rd floors have FHA/AC and single family has radiators. Long term tenants, rent below market value. Potential income of $7,200-$7,500 at market rents. Great for investors or for owner occupancy as well. A property like this won't last long! First Showings will be at the Open House Saturday the 18th 12-2pm and Sunday the 19th 12-2pm

Unit Size

4,300 Ft²

Days on Market

Land Size

0.13 acres

Price per sqft

$135

Property Type

Multifamily

Property Taxes

$442

HOA Dues

Year Built

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Last updated: 5 months ago (MLSPIN #73078400)

Price History

Date / Event	Date	Event
Dec 15, 2023	Sold	Premium
Sold
Mar 2, 2023	Sold	Premium
Sold
Feb 12, 2023	Listed by Access	$579,900
Listed by Access
Mar 21, 2022	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Parking Details

Has Open Parking

Parking Features: On Street

Interior Details

Full Bathrooms: 4

Interior Features: Laundry Room, Living Room, Dining Room, Kitchen, Family Room

Appliances: Refrigerator, Range, Dishwasher, Microwave

Rooms: 24

Exterior Details

Square Footage: 4300

Year Built Source: Public Records

Year Built: 1900

Building Area Total: 4300

Levels: 5

Building Area Units: Square Feet

Lot Features: Other

Lot Size Area: 0.13

Lot Size Units: Acres

Lot Size Acres: 0.13

Lot Size Square Feet: 5576

Water Source: Public

Financial Details

Tax Assessed Value: $420,100

Tax Annual Amount: $5,302

Utilities Details

Cooling Type: Central Air

Heating Type: Hot Water, Natural Gas, Forced Air

Sewer : Public Sewer

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20230212 02/12/2023		10 Bed	4 Bath	4300 ft²	$579,900 10 Bed 4 Bath 4300 ft²	$585,000 +0.88% 03/02/2023	Patrick Fahey Access
20211229 12/29/2021		10 Bed	4 Bath	4300 ft²	$529,900 10 Bed 4 Bath 4300 ft²	$577,000 +8.89% 03/21/2022	Lori Carvalho Gorman RE/MAX Right Choice

Building Info

280 Ridge Street 280 Ridge Street, Fall River, MA 02721

1 Unit for Sale

More about this Building

Want to find out who owns 280 Ridge Street, Fall River, MA 02721? Get detailed property transactions here.

About Fall River

Stats & Trends

Median Asking:

$499,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

Average Home Size

2678 ft²

Average Home Age

83.8 years

Currently For Sale

201 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73078400