454 & 466 Third Street

$1,350,000

● Multifamily - Off Market

454 & 466 Third Street

Fall River, MA 02721

19 Beds

12 Baths

8,260 Ft²

$1,368,501

RealtyHop Estimate

1.37%

Since May 1, 2022

National-US

Primary Model

About This Property

TURNKEY investment opportunity! Two 6 Families on 1 Lot. 454 and 466 Third Street containing 12 total rental units in total! #454 consists of 2 two-bedroom units and 4 one-bedroom units. #466 consists of 6 two-bedroom units. Fully rented and great cash flow. Great cash flow with current rents of $127,200 and room for increases with market rents of $162,000. Well maintained and updated in the last couple years. Possible expansion of the 4th floor for additional units. Plenty of off-street parking for tenants. All separate utilities. Fully rented with excellent rental history. Invest In Fall River!!! Very rare do you see a well maintained 12 unit come up for sale!!! Group showing scheduled for Saturday, February 19th at 1:30 and 2:00 PM. And 49 Hamlet Street group showing on Saturday February 19th at 12:00 Noon and 12:30 PM. Maybe purchased as a package with 49 Hamlet Street. MLS #72940365

Unit Size

8,260 Ft²

Days on Market

Land Size

0.25 acres

Price per sqft

$163

Property Type

Multifamily

Property Taxes

$769

HOA Dues

Year Built

Payment Calculator

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Last updated: 5 years ago (MLSPIN #72940362)

Price History

Date / Event	Date	Event
Apr 26, 2022	Sold	Premium
Sold
Feb 7, 2022	Listed by Longwood Residential, LLC	$1,350,000
Listed by Longwood Residential, LLC

Property Highlights

Parking Available

Parking Details

Parking Features: Off Street, Paved

Interior Details

Full Bathrooms: 12

Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven

Flooring Type: Other

Laundry Features: Washer Hookup

Rooms: 44

Basement: Full

Exterior Details

Year Built Source: Public Records

Year Built Details: Approximate

PropertySubType: 5-9 Family

Stories (Total): 3

Building Area Units: Square Feet

Construction Materials: Frame

Lead Paint: Unknown

Lot Features: Corner Lot

Lot Size Area: 0.25

Lot Size Units: Acres

Lot Size Acres: 0.25

Zoning: A-2

Water Source: Public

Financial Details

Tax Map Number: 01-11

Tax Assessed Value: $667,000

Tax Annual Amount: $9,225

Utilities Details

Utilities: for Gas Range, for Electric Oven, Washer Hookup

Sewer : Public Sewer

Location Details

Community Features: Public Transportation, Shopping, Highway Access, Public School

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20220207 02/07/2022		19 Bed	12 Bath	8260 ft²	$1,350,000 19 Bed 12 Bath 8260 ft²	$1,350,000 04/26/2022	Robert Pacheco Homeport Real Estate
20030201 02/01/2003		8 Bed	-	3180 ft²	$229,900 8 Bed - 3180 ft²	$250,000 +8.74% 05/13/2003	Danielle Soares Affordable Real Estate, Inc.

Building Info

454 3rd Street 454 3rd Street, Fall River, MA 02721

More about this Building

Want to find out who owns 454 3rd Street, Fall River, MA 02721? Get detailed property transactions here.

About Fall River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

Average Home Size

2674 ft²

Average Home Age

86.3 years

Currently For Sale

214 Listings

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72940362