Last Sold Price
6 beds2,328 sqft$142/sqft
488 Cambridge StFall River, MA02721

Description

Excellent investment or owner-occupied opportunity! Spacious three family with convenient access to major highways. Each unit has 2 bathrooms, 1 bath, and individual washer/dryer units and enclosed storage in the basement. Separate gas meters, hot water heaters, and 60 AMP electric panels for each apartment. Seller currently occupies the third floor unit, with great long-term tenants on the first and second floors. There is off-street parking and a small backyard, and the exterior features maintenance-free...Excellent investment or owner-occupied opportunity! Spacious three family with convenient access to major highways. Each unit has 2 bathrooms, 1 bath, and individual washer/dryer units and enclosed storage in the basement. Separate gas meters, hot water heaters, and 60 AMP electric panels for each apartment. Seller currently occupies the third floor unit, with great long-term tenants on the first and second floors. There is off-street parking and a small backyard, and the exterior features maintenance-free vinyl siding and architectural shingled roof. Nothing to do but move in and collect rent!
LISTING CLOSED: 11/30/2020 12:00 AM

  1. Listed by Chart House Realtors Group • Keller Williams Realty Leading Edge
  2. Listed by Matthew Antonio • Chart House Realtors

Property Details for 488 Cambridge Street

Status
MLS #
72733660
Days on Market
24
Taxes
$3,107 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family - 3 Units Up/Down
Year Built
1900
Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Keller Williams Realty Leading Edge, Chart House Realtors Group; Chart House Realtors, Matthew Antonio

Sold By Realty Express - Lakeville, Suzanne Gelven

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Building Information for 488 Cambridge Street

Stories6Residences3Year Built1900Building Size-Lot Size0.07 AC / 3,184 SF

Payment Calculator

$1,936 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,677

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 488 Cambridge Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping
  • Current Financing: Conv. Fixed
  • Living Area: 2328.0
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: William S Green
  • High School: Bmc Durfee
  • Middle School: Kuff Middle
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
Exterior Features
  • Construction: Frame
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Cooling: No
  • Electric: 220 Volts, 60 Amps/Less, 100 Amp Service, Individually Metered
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
Tax Information
  • Tax ID: 2824542
  • Assessments: $213,300
  • Block: 0
  • Book: 9255
  • Lot: 0041
  • Map: F13
  • Tax Year: 2020
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $1,573.00
  • GOI: $18,000.00
  • Gross Scheduled Income: $285.00
  • Insurance: $2,391.00
  • GRE: $3,164
  • NOI: $18,000.00
  • Operating Expense: $3,164.00
  • WSE: $1,584.00
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
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 3
Rental Info
Rental Info
  • Total Actual Rent: $1,550.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 488 Cambridge Street

DateEvent & SourcePriceAppreciation
Nov 30, 2020

Sold

MLS PIN #72733660

$330,000
Oct 8, 2020

Contingent

MLS PIN #72733660

Sep 28, 2020

Listed (Active)

MLS PIN #72733660

$339,000
DateEvent & SourcePrice
11/30/2020

Sold

MLS PIN #72733660

$330,000
10/08/2020

Contingent

MLS PIN #72733660

09/28/2020

Listed (Active)

MLS PIN #72733660

$339,000

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

Public Records for 488 Cambridge Street

Taxable ValueLand$123,100Additions$297,300Total$420,400
Tax Record2025$4,814 ($401 / month)
Home Facts
Baths3Total Finished SqFt2,328 SqFtAbove Grade Finished SqFt2,328 SqFtUnfinished Basement SqFt786 SqFtStories3Lot Size3,184 SqFtStyleTriplexYear Built1900ZoningR-4CountyBRISTOLAPNFALL M:0F-13 B:0000 L:0041

Schools near 488 Cambridge 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 - 7 to 12
Rating
School
Distance
William S Greene Elementary School
PublicPK 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 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 Keller Williams Realty Leading Edge, Chart House Realtors Group; Chart House Realtors, Matthew Antonio

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.