456 Eastern Avenue

Fall River, MA 02723

$950,000
Price
7
Beds
7
Baths
4,012 Sq. Ft.
$237 / Sq. Ft.
4,012
Sq. Ft.
$237
per Sq. Ft.

Description

Great investment opportunity. 7 one bedroom units in excellent condition. 100% occupancy when purchased. Market rents. Currently professionally managed. An easy investments do not come along that often, Close on this wonderful opportunity and sit back and reap the rewards. Off street non permitted parking plentiful. Nice yard that could be potentially be a parking area. Wide staircases for easy moving of furniture. All units pay their own electric heat.Great investment opportunity. 7 one bedroom units in excellent condition. 100% occupancy when purchased. Market rents. Currently professionally managed. An easy investments do not come along that often, Close on this wonderful opportunity and sit back and reap the rewards. Off street non permitted parking plentiful. Nice yard that could be potentially be a parking area. Wide staircases for easy moving of furniture. All units pay their own electric heat.
  1. Listed by Ellen Connelly • RE/MAX Real Estate Center

Property Details for 456 Eastern Avenue

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of RE/MAX Real Estate Center, Ellen Connelly
Add your commute
LISTING UPDATED: 05/22/2024 02:02 PM

Property Details for 456 Eastern Avenue

StatusActive
MLS #73236815
Days on Market15
Taxes$8,146 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyBristol County

Location

Listing Courtesy of RE/MAX Real Estate Center, Ellen Connelly
Add your commute

Building Information for 456 Eastern Avenue

Stories3Residences7Year Built1900Building Size-Lot Size0.12 AC / 5,088 SF

Payment Calculator

$5,863 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$679

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 456 Eastern Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Living Area: 4012.0
  • Color: Brick
  • SqFt with Basement: No
  • Total Units: 7
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Laminate
  • SpaYN: No
Exterior Features
  • Construction: Brick
  • Lot Description: Corner Lot, Level
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Heating: Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 6 is a lease for $1150 1/25,Unit 2 lease 04/25 $1000,Unit 7 is in process of being rented by management company. Buyer and buyers agent to research adding any additional parking.
Tax Information
  • Tax ID: 2830304
  • Assessments: $709,000
  • Book: 10815
  • Tax Year: 2024
  • Zoning: G
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Irregular
  • Foundation Area: 0.0
Income / Expenses
  • Electricity: $1,800.00
  • Annual Expenses Source: Owner
  • GOI: $74,000.00
  • Gross Scheduled Income: $1,200.00
  • Insurance: $5,746.00
  • GRE: $8,746
  • NOI: $53,654.00
  • Operating Expense: $8,746.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Lease U3: N
Unit 4 Description
  • Lease U4: N
Rental Info
Rental Info
  • Total Actual Rent: $7,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2Net
  • Selling Broker Comp: 1
  • Other Agent Compensation: 1

Property History for 456 Eastern Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 456 Eastern Avenue

Taxable ValueLand$103,500Additions$605,500Total$709,000
Tax Record2024$8,146 ($679 / month)
Home Facts
Baths7Total Finished SqFt4,012 SqFtAbove Grade Finished SqFt4,012 SqFtUnfinished Basement SqFt1,352 SqFtStories3Lot Size5,088 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningGCountyBRISTOLAPNFALL M:0K-19 B:0000 L:0001

Schools near 456 Eastern Avenue

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Mary Fonseca Elementary School
PublicPK to 5

Talbot Innovation School
Public6 to 8

B M C Durfee High School
Public9 to 12

Resiliency Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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456 Eastern Avenue is a multi-family home for sale in Fall River, MA 02723. This property was listed for sale on May 13, 2024 by RE/MAX Real Estate Center, it's currently listed at $950,000. It has been on the market for a total of 15 days and was last sold on November 14, 2008. This listing's school district is Fall River School District. Nearby schools include Mary Fonseca Elementary School, Talbot Innovation School and B M C Durfee High School. 456 Eastern Avenue is a 7-bed, 7-bath, 4,012 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Center, Ellen Connelly

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.