Residential Income in Fall River

$975,000

229 Tripp Street, 02724, Fall River, MA

Residential Income for sale in Fall River, 229 Tripp Street, 02724, 4968 m²

229 Tripp Street, 02724, Fall River, MA

$975,000

12Bed
6Bath
4968
Type: Residential Income

Description

Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.

Location

229 Tripp Street, 02724, Fall River, MA

Data

Object TypeResidential Income
Purchase Price$975,000
Living Space4968 m²
Plot Size556.02 m²
Bathrooms6
Construction Year1900
ConditionNot specified
Rooms24

Energy Information

Heating TypeNatural Gas
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent