Investment opportunity available in Fall River. This property is divided into six units with three units being delivered vacant. The remaining three are currently rented at $1,300 each with tenants at will. Each unit consists of two bedrooms, one bathroom, utilize space heaters, and include appliances. This property is a 10 minute drive to the newly constructed MBTA Commuter Rail Station in Fall River. Buyer and buyer's agent to verify all information. Annual Property Operating Data is estimated based on existing tenant data and utility usage as well as projected rents ($1,300 per vacant unit) and similar utility usage in the unoccupied units. Information deemed reliable, but is neither guaranteed nor independently verified.
This 2 Family with 3 bedroom units offering over 1,000 sq ft of living space per unit on each floor located in quiet east end. Great rental income in a growing market. Well maintained with roof replaced within the past 5 years. Nice fenced in backyard and off street parking for 2 vehicles. Separate Gas & Electrical utilities great for an investment property or live in one & rent out the other unit. Semi-finished basement with separate laundry area for each floor with washer/ dryer hook up. Close to all conveniences & bus routes. Easy access to Rte 6 & 195. Get in on this one before the train to BOS starts running.
Fall River is located in Massachusetts. Fall River, Massachusetts has a population of 89,258. Fall River is less family-centric than the surrounding county with 21.71% of the households containing married families with children. The county average for households married with children is 28.83%.
The median household income in Fall River, Massachusetts is $39,328. The median household income for the surrounding county is $62,514 compared to the national median of $57,652. The median age of people living in Fall River is 39.4 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 49.5 inches per year, with 36.6 inches of snow per year.
