$600,000
●
Multifamily -
Off Market
682 Eastern Ave
Fall River, MA 02723
6 Beds
3 Baths
2,923 Ft²
$616,527
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
This immaculate 3-family just hit the market and will not last
long! This is perfect for a live-in landlord or an investor looking
for an opportunity to own a multifamily that is already generating
significant income. All 3 units have been meticulously renovated
within the last year AND have also been deleaded! The roof is about
5 years old, and unit 2 is currently vacant. Each unit is large,
roughly 1000sqft with 2 bedrooms, a full bath, a large kitchen,
living room, and a dining room! You can tell just from the photos
that each unit is spacious and bright! This property is minutes
from the highway, parks, and the water! Don't miss your chance to
see this multifamily for yourself, schedule a showing today!
Unit Size
2,923 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$212
Property Type
Multifamily
Property Taxes
$357
HOA Dues
-
Year Built
1900
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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: 4 years ago (MLSPIN #73131591)
Price History
Property Highlights
Parking Available
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Tile, Vinyl, Carpet, Varies Per Unit, Hardwood
Rooms: 15
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Certified Treated
Lot Features: Cleared
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: B
Parcel Number: 2829356
Water Source: Public
Financial Details
Tax Assessed Value: $349,400
Tax Annual Amount: $4,287
Utilities Details
Utilities: for Gas Range, for Gas Oven
Heating Type: Unit 1(Hot Water Radiators), Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Private School, 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 |
|---|---|---|---|---|---|---|---|
|
11/11/2024
| |
6 Bed
|
3 Bath
|
2923 ft²
|
$649,000
6 Bed
3 Bath
2923 ft²
|
$635,000
-2.16%
03/24/2025
|
The Optimium Team
eXp Realty LLC - Corporate Office
|
|
04/07/2023
| |
6 Bed
|
3 Bath
|
-
|
$633,000
6 Bed
3 Bath
|
-
08/29/2023
|
David Silen
117 Realty
|
|
04/18/2022
| |
6 Bed
|
3 Bath
|
2923 ft²
|
$479,900
6 Bed
3 Bath
2923 ft²
|
$515,000
+7.31%
05/31/2022
|
Nichdali Applyrs
JT Realty Group LLC
|
|
10/07/2020
| |
6 Bed
|
3 Bath
|
2923 ft²
|
$389,900
6 Bed
3 Bath
2923 ft²
|
$365,000
-6.39%
02/12/2021
|
Team ROSO
JT Realty Group LLC
|
|
07/10/2017
| |
6 Bed
|
3 Bath
|
2923 ft²
|
$199,900
6 Bed
3 Bath
2923 ft²
|
$207,000
+3.55%
09/15/2017
|
Manny V Lindo
Highland Real Estate Group
|
|
01/16/2003
| |
6 Bed
|
-
|
3141 ft²
|
$189,675
6 Bed
-
3141 ft²
|
$195,000
+2.81%
03/28/2003
|
Mary Monaco
Frank Smith Real Estate, Inc.
|
Building Info
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