186 Fountain Street

Fall River, MA 02721

$556,000
Last Sold Price
6
Beds
4
Baths
3,182 Sq. Ft.
$175 / Sq. Ft.
3,182
Sq. Ft.
$175
per Sq. Ft.

Description

Massive 4 family ! Collect Rent on day one. The perfect Investment property to add to your portfolio. This is a great cash on cash return. Excellent leased tenants who all pay on time. All 4 units are in fair condition. The building has 2-1 bedrooms and 2-2 bedrooms. This property is a 6 minute drive to the Mbta South Coast Commuter Rail Fall River Depot Station currently being constructed at 825 Davol Street. Located in the St Annes-Kennedy Park area which is right off the highway that brings you...Massive 4 family ! Collect Rent on day one. The perfect Investment property to add to your portfolio. This is a great cash on cash return. Excellent leased tenants who all pay on time. All 4 units are in fair condition. The building has 2-1 bedrooms and 2-2 bedrooms. This property is a 6 minute drive to the Mbta South Coast Commuter Rail Fall River Depot Station currently being constructed at 825 Davol Street. Located in the St Annes-Kennedy Park area which is right off the highway that brings you to Northern Mass or Rhode Island. Fully rented units with good cash flow. This property is very low maintenance with minimal yard and vinyl siding. Easy highway access and close to parks, transportation and school. Invest In Fall River MA today!
  1. Listed by Valencia Jacobs Brown • Zander Realty Group

Property Details for 186 Fountain Street

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

Location

Listing Courtesy of Zander Realty Group, Valencia Jacobs Brown

Sold By Grace Community Realty, Inc., Sindy Barreau

Add your commute
LISTING UPDATED: 08/06/2022 07:54 AM

Property Details for 186 Fountain Street

StatusSold
MLS #72950662
Days on Market9
Taxes$3,366 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of Zander Realty Group, Valencia Jacobs Brown

Sold By Grace Community Realty, Inc., Sindy Barreau

Add your commute

Building Information for 186 Fountain Street

Stories7Residences4Year Built1900Building Size-Lot Size0.07 AC / 3,023 SF

Payment Calculator

$3,315 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,034

Property Taxes

$281

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 186 Fountain Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
  • Current Financing: FHA
  • Living Area: 3182.0
  • Color: White
  • Total Units: 4
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 4(Range, Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Laminate
  • Interior Features: Unit 4(Ceiling Fans), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Kitchen, Family Room), Unit 4 Rooms(Living Room, Dining Room
Exterior Features
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard, Porch
  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • Waterview Features: Harbor
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Cooling: Yes
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed. Seller has the right to accept an offer at any time. Offer Deadline is Monday 3/14 at 12pm.
Tax Information
  • Tax ID: M:0I04 B:0000 L:0061,2827765
  • Assessments: $241,300
  • Book: 10438
  • Tax Year: 2021
  • Zoning: A-3
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 4
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Estimated, Owner
  • GOI: $52,400.00
  • Insurance: $2,100.00
  • GRE: $8,995
  • MGF: $4,455
  • NOI: $44,405.00
  • Operating Expense: $8,995.00
  • WSE: $2,440.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,450.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 186 Fountain Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 186 Fountain Street

Taxable ValueLand$83,900Additions$257,700Total$341,600
Tax Record2023$4,191 ($349 / month)
Home Facts
Baths4Total Finished SqFt3,182 SqFtAbove Grade Finished SqFt3,182 SqFtUnfinished Basement SqFt1,248 SqFtStories3Lot Size3,023 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningA-3CountyBRISTOLAPNFALL M:0I-04 B:0000 L:0061

Schools near 186 Fountain Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
John J Doran
PublicPK to 8

Matthew J Kuss Middle 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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Similar Sold Homes

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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 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 Zander Realty Group, Valencia Jacobs Brown

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.