344 E Main St

11,457 Sq. Ft.
$32 / Sq. Ft.
11,457
Sq. Ft.
$32
per Sq. Ft.

Description

Huge 11,457 sq ft money maker. 7 large 3 bedrooms and 3 store fronts every unit is occupied! 4 tenants over 7 yrs, 4 tenants over 4 yrs 1 tenant 1 yr. Roof is rubber and new less then 3 years! Vinyl windows, coin-op laundry on site and owned. 3 commercial tenants (please do not bother) rents are 2)$750, 1)$700 2)$650, 4)$600, 1)$400 some rents are below market! Additional income from laundry. Most photos are of units in between occupancy. 24-48 hour notice for tenants please. 13.1% Cap Rate!Huge 11,457 sq ft money maker. 7 large 3 bedrooms and 3 store fronts every unit is occupied! 4 tenants over 7 yrs, 4 tenants over 4 yrs 1 tenant 1 yr. Roof is rubber and new less then 3 years! Vinyl windows, coin-op laundry on site and owned. 3 commercial tenants (please do not bother) rents are 2)$750, 1)$700 2)$650, 4)$600, 1)$400 some rents are below market! Additional income from laundry. Most photos are of units in between occupancy. 24-48 hour notice for tenants please. 13.1% Cap Rate!
  1. Listed by Gil M. Diniz • Prestige Realty Experts Inc.

Property Details for 344 East Main Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 08/06/2022 06:39 AM

Property Details for 344 East Main Street

StatusSold
MLS #72156774
Days on Market63
Taxes$6,295 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1909
CountyBristol County

Location

Listing Courtesy of Prestige Realty Experts Inc., Gil M. Diniz

Sold By Cameron Real Estate Group - Fall River, The Amarelo Team

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Building Information for 344 East Main Street

Stories3Residences9Year Built1909Building Size-Lot Size0.13 AC / 5,634 SF

Payment Calculator

$2,362 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,837

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 344 East Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 11457.0
  • Color: Red
  • Total Units: 9
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full
  • Num of Baths: 9.0
  • Num of Full Baths: 7
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 8.00
  • Bathrooms Total Integer: 9
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Carpet
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Brick
  • Lot Description: Level
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 220 Volts
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 2826331
  • Assessments: $500,399
  • Book: 6419
  • Tax Year: 2014
  • Zoning: res
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Granite
Income / Expenses
  • Electricity: $900.00
  • GOI: $69,840.00
  • Gross Scheduled Income: $.00
  • Insurance: $4,300.00
  • GRE: $20,220
  • HTE: $0
  • RFS: $0
  • RME: $2,000
  • NOI: $49,620.00
  • Operating Expense: $20,220.00
  • WSE: $6,400.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1

Property History for 344 East Main Street

DateEvent & SourcePriceAppreciation
Dec 7, 2019

Expired

MLS PIN #72430862

$599,999
Dec 7, 2018

Listed (Active)

MLS PIN #72430862

$1,499,999
Aug 18, 2017

Sold

MLS PIN #72156774

$364,900
Jun 20, 2017

Under Agreement

MLS PIN #72156774

Jun 20, 2017

Contingent

MLS PIN #72156774

May 2, 2017

Listed (Active)

MLS PIN #72156774

$364,900
Aug 5, 2015

Sold

MLS PIN #71795199

$350,000
May 12, 2015

Under Agreement

MLS PIN #71795199

May 12, 2015

Contingent

MLS PIN #71795199

Feb 3, 2015

Listed (Active)

MLS PIN #71795199

$389,900
Sep 20, 2006

Sold

MLS PIN #70394508

$360,000
Aug 3, 2006

Under Agreement

MLS PIN #70394508

Aug 3, 2006

Contingent

MLS PIN #70394508

May 25, 2006

Listed (Active)

MLS PIN #70394508

$550,000
DateEvent & SourcePrice
12/07/2019

Expired

MLS PIN #72430862

$599,999
12/07/2018

Listed (Active)

MLS PIN #72430862

$1,499,999
08/18/2017

Sold

MLS PIN #72156774

$364,900
06/20/2017

Under Agreement

MLS PIN #72156774

06/20/2017

Contingent

MLS PIN #72156774

05/02/2017

Listed (Active)

MLS PIN #72156774

$364,900
08/05/2015

Sold

MLS PIN #71795199

$350,000
05/12/2015

Under Agreement

MLS PIN #71795199

05/12/2015

Contingent

MLS PIN #71795199

02/03/2015

Listed (Active)

MLS PIN #71795199

$389,900
09/20/2006

Sold

MLS PIN #70394508

$360,000
08/03/2006

Under Agreement

MLS PIN #70394508

08/03/2006

Contingent

MLS PIN #70394508

05/25/2006

Listed (Active)

MLS PIN #70394508

$550,000

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

Schools near 344 East Main Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Carlton M. Viveiros Elementary School
PublicK to 5

Matthew J Kuss Middle School
Public6 to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prestige Realty Experts Inc., Gil M. Diniz

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.