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508-762-7848
Emiel Barbosa - Real Estate Agent - Greater Boston Brockton Stoughton South Shore & South Coast - Vicente Realty
173 County St, Fall River, MA 02723
- $900,000
- 11
- BD
- 5
- BA
- 3,589
- SqFt
- Sold Price
- $900,000
- List Price
- $925,000
- Status
- SOLD
- MLS#
- 73489878
- Bedrooms
- 11
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 3,589
- Lot Size (Acres)
- 0.09
- Year Built
- 1900
Property Description
Cash-flowing 5-unit multifamily with strong rental history. There is additional value-add opportunity with the potential to convert the first floor into two units, increasing overall rental income. Projected cap rate exceeds 9% once current vacancy is filled. The property consists of four 2-bedroom units and one 3-bedroom unit. Three units have been fully renovated with updated electrical, plumbing, and efficient forced air systems—minimizing near-term capital expenditures. Separate utilities with tenants paying their own expenses. Basement storage provides additional income potential. Maintenance-free vinyl siding for ease of ownership. Ideal for investors seeking immediate cash flow with upside through lease-up and future income growth. Owner financing available; terms to be negotiated.
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Additional Information
- Taxes
- $6,656
- Interior Features
- Laundry Room, Living Room, Dining Room, Kitchen
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Merysa Berrios Sevilla from Listing Office: Vicente Realty, LLC.
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