772 2nd St

$940,000

● Multifamily - Off Market

772 2nd St

Fall River, MA 02721

9 Beds

9 Baths

4,076 Ft²

$5,575

Est. Monthly

28.09%

Cap Rate

About This Property

Attention investors, great opportunity to own this fully rented 9-unit Multi-Family generating $121,548 in Gross Income with a potential for $137,700 at market rents. All units are 2-room studios with wood floors, full kitchen and full bath. This incredibly well maintained building has newer roof, heat and hot water as well as an updated central fire system for the common areas. Electric is updated and all knob and tube wiring has been removed by a licensed electrician. There are 4 off street parking spaces and Coin Operated Laundry in the basement. Conveniently located near St Ann's Hospital and Kennedy Park and under 2 miles to the new Fall River Commuter Rail Station. Please text or email for an appointment. Group Showing 7/22/24 1 PM

Unit Size

4,076 Ft²

Days on Market

Land Size

0.11 acres

Price per sqft

$258

Property Type

Multifamily

Property Taxes

$419

HOA Dues

Year Built

1900

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Last updated: 3 years ago (MLSPIN #73265169)

Price History

Date / Event	Date	Event
Sep 3, 2024	Sold	Premium
Sold
Aug 10, 2024	In contract	-
In contract
Jul 16, 2024	Listed by Douglas Elliman Real Estate - Wellesley	$1,050,000
Listed by Douglas Elliman Real Estate - Wellesley
Feb 15, 2022	Sold	Premium
Sold
Aug 13, 2001	Sold	Premium
Sold
Apr 2, 1993	Sold	Premium
Sold

Property Highlights

Parking Available

Parking Details

Parking Features: Paved Drive, Off Street

Interior Details

Full Bathrooms: 9

Interior Features: Living Room, Kitchen

Appliances: Range, Refrigerator

Flooring Type: Wood, Vinyl

Rooms: 18

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

Patio and Porch Features: Porch

Lead Paint: Unknown

Lot Features: Cleared

Lot Size Area: 0.11

Lot Size Units: Acres

Lot Size Acres: 0.11

Zoning: A-2

Parcel Number: M:0I13 B:0000 L:0015, 2828274

Water Source: Public

Financial Details

Tax Assessed Value: $409,600

Tax Annual Amount: $5,026

Utilities Details

Heating Type: Baseboard

Sewer : Public Sewer

Location Details

Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship

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Comparables

Past Sales

Date	Beds	Baths	Sqft	Price	Closed	Listed By
20240716 07/16/2024	9 Bed	9 Bath	4076 ft²	$1,050,000 9 Bed 9 Bath 4076 ft²	$940,000 -10.48% 09/03/2024	The Joni Shore Group Coldwell Banker Realty - Wellesley
20231111 11/11/2023	9 Bed	9 Bath	-	$998,000 9 Bed 9 Bath	- -	The Joni Shore Group Coldwell Banker Realty - Wellesley
20210922 09/22/2021	9 Bed	9 Bath	4076 ft²	$750,000 9 Bed 9 Bath 4076 ft²	$700,000 -6.67% 02/15/2022	Paula Drake eXp Realty

Building Info

772 2nd Street 772 2nd 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

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 Listings

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

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Last Updated: 3 years ago
Data Source: MLS PIN, MLS# 73265169