522 4th St

$235,000

● Multifamily - Off Market

522 4th St

Fall River, MA 02721

18 Beds

7 Baths

5,000 Ft²

$481,473

RealtyHop Estimate

60.54%

Since Jul 1, 2017

National-US

Primary Model

About This Property

HUGE PRICE DROP on these units that have been owned by same owners for over 45 years!! LOW EXPENSES because all tenants pay their own utilities. 2 BUILDINGS!! HUGE MONEY MAKER investment property!! These figures work. GREAT CAP RATE. 2 Houses on 1 lot for a total of 7 Total units!! Currently at full occupancy. Front house is a large 4 family unit & rear house is a large 3 family unit. BIG apartments in front house. Lots of room & lots of bedrooms! Maintenance free exterior. Updated electrical in both houses. All units are in average-good condition. Freshly painted stairwells & hallways. Updated kitchen & baths plus all separate utilities. INCOME & EXPENSE SUMMARY ON HAND TO E-MAIL.

Unit Size

5,000 Ft²

Days on Market

Land Size

0.12 acres

Price per sqft

$60

Property Type

Multifamily

Property Taxes

$303

HOA Dues

Year Built

Payment Calculator

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Last updated: 4 years ago (MLSPIN #72018588)

Price History

Date / Event	Date	Event
Jul 3, 2018	Sold	Premium
Sold
Jun 30, 2017	Sold	Premium
Sold
Jun 7, 2016	Listed by James Velozo Real Estate	$299,900
Listed by James Velozo Real Estate

Property Highlights

Parking Available

Parking Details

Parking Features: Paved Drive, Off Street

Interior Details

Full Bathrooms: 7

Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen)

Rooms: 36

Basement: Full, Concrete, Unfinished

Exterior Details

Road Responsibility: Public Maintained Road

Year Built Source: Public Records

Year Built Details: Approximate

PropertySubType: 5-9 Family

Stories (Total): 9

Building Area Units: Square Feet

Lead Paint: Unknown

Lot Size Area: 0.12

Lot Size Units: Acres

Lot Size Acres: 0.12

Zoning: A-2

Parcel Number: M:0I12 B:0000 L:0043

Water Source: Public

Financial Details

Tax Map Number: I-12

Tax Assessed Value: $278,000

Tax Annual Amount: $3,636

Utilities Details

Heating Type: Unit 1(Space Heater), Unit 2(Space Heater), Unit 3(Space Heater), Unit 4(Space Heater)

Sewer : Public Sewer

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20180327 03/27/2018		20 Bed	7 Bath	5000 ft²	$375,000 20 Bed 7 Bath 5000 ft²	$372,000 -0.80% 07/03/2018	Justin Rogers Amaral & Associates RE
20160607 06/07/2016		18 Bed	7 Bath	5000 ft²	$299,900 18 Bed 7 Bath 5000 ft²	$235,000 -21.64% 06/30/2017	Carol Cassidy Lindo High Pointe Properties

Building Info

522 4th Street 522 4th Street, Fall River, MA 02721

More about this Building

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About Fall River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

Average Home Size

2597 ft²

Average Home Age

86.2 years

Currently For Sale

207 Listings

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72018588