Sold
Last Sold Price
12 beds4,725 sqft$169/sqft
196 County St, Fall River, MA 02723
Multi FamilyProperty Type
8,589 sq ftLot Size
1900Year Built
$169/sq ftPrice per sq ft
11 carsParking Spaces

Description

Package Deal Alert – A 6 Unit Apartment Building (196 County St) and an adjacent Second property with 9 Garage Stalls (186 County St). See attached pro-forma for all numbers. Cap Rate of 7% - DSCR of 1.32. Plug and Play for any landlord to add to their portfolio. Everything is set up and in place – easements, assigned parking spaces, trash removal contract, snow removal, solid tenancy agreements…everyone is Tenant at Will. Strong rental history, everyone is at market. This is not a reclamation project....Package Deal Alert – A 6 Unit Apartment Building (196 County St) and an adjacent Second property with 9 Garage Stalls (186 County St). See attached pro-forma for all numbers. Cap Rate of 7% - DSCR of 1.32. Plug and Play for any landlord to add to their portfolio. Everything is set up and in place – easements, assigned parking spaces, trash removal contract, snow removal, solid tenancy agreements…everyone is Tenant at Will. Strong rental history, everyone is at market. This is not a reclamation project. Most of the major capital expenditures have been done - unit 1R was gutted to studs all other units have been updated. Just buy it and keep it going. Current property manager can continue for new owners if they would like.
  • Listed by: David Ferreira • Fortified Realty Group
Listing closed: 06/02/2021 12:00 AM • Source: MLS PIN, MLS#: 72805468

Recent comparable sales

Median sold price

$821,500

Avg days on market

63

Sale-to-list ratio

94.8%

Fall River, MA

9 comparable properties found

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1

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Square Feet
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$750,000 | 84 Everett Street, Fall River, MA 02723
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Location

Listing Courtesy of Fortified Realty Group, David Ferreira

Sold By Prestige Realty Experts Inc., Donna Arruda

Add your commute

Payment Calculator

$4,384 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$318

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 196 County Street

Property Details
  • Taxes: $3,816 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Fall River
  • Area: MA-Fall River
  • Garage Spaces: 9
  • Open Parking Spaces: 11.00
  • Parking Spaces Total: 11
Building Information
  • Stories: 9
  • Residences: 6
  • Year Built: 1900
  • Lot Size: 0.20 AC / 8,589 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 4725.0
  • Color: yellow
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement Features: Full, Bulkhead, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Varies Per Unit
Exterior Features
  • Lot Description: Easements, Level
Parking Features
  • Covered Spaces: 9.00
  • Garage: Yes
  • Garage Parking: Off-Street, Assigned
  • Parking Features: Off-Street, Assigned
  • Parking Features: Off-Street, Assigned
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Listing agent has ownership interest. See attachments for easements and pro-forma.
Tax Information
  • Tax ID: M:0K05 B:0000 L:0017,2829723
  • Assessments: $264,100
  • Book: 9377
  • Tax Year: 2020
  • Zoning: G
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $86,700.00
  • GRE: $30,408
  • NOI: $56,292.00
  • Operating Expense: $30,408.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,225.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 196 County Street

DateEvent & SourcePriceAppreciation
Jun 2, 2021

Sold

MLS PIN #72805468

$800,000
Apr 5, 2021

Contingent

MLS PIN #72805468

Mar 29, 2021

Listed (Active)

MLS PIN #72805468

$800,000
DateEvent & SourcePrice
06/02/2021

Sold

MLS PIN #72805468

$800,000
04/05/2021

Contingent

MLS PIN #72805468

03/29/2021

Listed (Active)

MLS PIN #72805468

$800,000

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

Schools near 196 County Street

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 - 2 to 12
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

Stone Day School
Public2 to 12

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 196 County Street, Fall River, MA 02723
$800,000
12
4,725
8,589
6
4,725
2,696
$80,000
12
6
4,725
$159,900
6
5,358
10,916
$1
6,098
$300,000
4
2,299
4,368

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fortified Realty Group, David Ferreira

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.