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508-762-7848
Emiel Barbosa - Real Estate Agent - Greater Boston Brockton Stoughton South Shore & South Coast - Vicente Realty
302-316 Hope Street, Fall River, MA 02721
- $1,800,000
- 24
- BD
- 9
- BA
- 9,402
- SqFt
- Sold Price
- $1,800,000
- List Price
- $1,825,000
- Status
- SOLD
- MLS#
- 73470285
- Bedrooms
- 24
- Bathrooms
- 9
- Full Baths
- 9
- Living Area
- 9,402
- Lot Size (Acres)
- 0.32
- Year Built
- 1900
Property Description
Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization.Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units, making this an especially compelling
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Additional Information
- Taxes
- $14,898
- Parking Description
- Paved Drive, Off Street
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Adam Jaspon from Listing Office: Choose Boston, LLC.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.