$600,000
●
Multifamily -
Off Market
712-722 Eastern Ave
Fall River, MA 02723
6 Beds
4 Baths,
1
Half Bath
4,451 Ft²
$655,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Stunning Fall River 4 Unit Multi/ Mix Use property that has it ALL!
3 beautifully renovated apartments, 2 bedroom units with large
bedrooms and tons of closets! All new kitchens, baths, flooring,
fixtures & ready to rent. Delivered w/ 2 vacant units. Long term
tenant in commercial unit, leased with "Rent Escalation" until July
of 2026. Tenants pay utilities. Conveys fully applianced w/
Laundry. 1 car Garage w/ attached shed and 2-3 off-street parking
spaces are accessed from Bogle St. This property features a fenced
in yard with a relaxing patio area. All new instant hot water
systems on each level. Exterior upgrades are all recent, roof and
vinyl-2019. Utility systems, heating and hot water-2020. Unit 1
fully renovated-2020. Unit 2 fully renovated-2022. Unit 3 fully
renovated- 2023. Located Just 2.5 miles to new T-Station! Must be
seen in person to truly appreciate the detail & care that has been
afforded to this unique property.
Unit Size
4,451 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$147
Property Type
Multifamily
Property Taxes
$483
HOA Dues
-
Year Built
-
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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: 3 years ago (MLSPIN #73162968)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Oct 30, 2023 | In contract | - | |
| In contract | |||
| Oct 21, 2023 | Relisted | $655,000 | |
| Relisted | |||
| Oct 5, 2023 | In contract | - | |
| In contract | |||
| Sep 24, 2023 | Listed by Seaport Realty | $655,000 | |
| Listed by Seaport Realty | |||
Show More
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, Assigned, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Unit 1(Stone/Granite/Solid Counters, Walk-In Closet), Unit 2(Upgraded Cabinets, Upgraded Countertops), Unit 3(Upgraded Countertops), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Family Room), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room), Unit 3 Rooms(Living Room, Kitchen, Living RM/Dining RM Combo), Unit 4 Rooms(Other (See Remarks))
Appliances: Range, Refrigerator, Washer, Dryer, Instant Hot Water, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet, Varies Per Unit, Unit 3(Wall to Wall Carpet)
Rooms: 21
Basement: Full, Walk-Out Access, Concrete
Exterior Details
Security Features: Security System, Unit 4 Security System
Property Condition: Updated/Remodeled
Year Built Source: Appraiser
Year Built Details: Approximate
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 7
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: B
Parcel Number: M:0J16 B:0000 L:0091
Water Source: Public
Financial Details
Tax Assessed Value: $471,900
Tax Annual Amount: $5,790
Utilities Details
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer
Cooling Type: Wall Unit(s), Dual, Unit 4(Wall AC)
Heating Type: Forced Air, Hot Water, Natural Gas, Individual, Unit 1(Hot Water Radiators), Unit 2(Hot Water Radiators), Unit 3(Forced Air, Gas), Unit 4(Forced Air)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
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 |
|---|---|---|---|---|---|---|---|
|
11/15/2025
| |
Loft
|
-
|
-
|
$1,800
Loft
-
|
-
-
|
Karen Charette
Dolan & Kane Real Estate
|
|
09/24/2023
| |
6 Bed
|
3 Bath
|
4451 ft²
|
$655,000
6 Bed
3 Bath
4451 ft²
|
$600,000
-8.40%
11/16/2023
|
Lauren Tansey Lima
Seaport Realty
|
|
01/24/2020
| |
6 Bed
|
4 Bath
|
4479 ft²
|
$449,900
6 Bed
4 Bath
4479 ft²
|
$405,510
-9.87%
07/02/2020
|
Ziad Nasrallah
Highland Real Estate Group
|
Building Info
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