233-243 Harrison Street

Fall River, MA 02723

$1,100,000
Last Sold Price
21
Beds
6
Baths
6,720 Sq. Ft.
$164 / Sq. Ft.
6,720
Sq. Ft.
$164
per Sq. Ft.

Description

Invest in fall river - 7.64% cap rate - turn key operation! Welcome to 233-243 Harrison St, a 6 unit complex located in the east side of historic Fall River, Massachusetts. Featuring 4 “townhouse” apartments, units 233 ($1965/mon), 235 ($1800/mon), 241C ($2000/mon), and 243 ($2000/mon) are all spacious units with 4 bedrooms and 1 bath each. Moving onto the basement, you’ll find a HUGE coin-op laundry area just waiting to be used. Off to either side, you’ll come into units 241A ($1550/mon) and 241B...Invest in fall river - 7.64% cap rate - turn key operation! Welcome to 233-243 Harrison St, a 6 unit complex located in the east side of historic Fall River, Massachusetts. Featuring 4 “townhouse” apartments, units 233 ($1965/mon), 235 ($1800/mon), 241C ($2000/mon), and 243 ($2000/mon) are all spacious units with 4 bedrooms and 1 bath each. Moving onto the basement, you’ll find a HUGE coin-op laundry area just waiting to be used. Off to either side, you’ll come into units 241A ($1550/mon) and 241B ($1450/mon), one a 3 bed/1 bath and the other a 2 bed/1 bath layout. With 10 off-street parking spots located just outside the door and a quiet walkthrough space in the backyard, you’ll see potential in every square foot of this place! With a monthly gross income of $10,835, you already have market rents from day 1, all leased through next year with solid tenants. Don’t miss out, this opportunity won’t last long! Book your showing today!
  1. Listed by David Ferreira • Fortified Realty Group

Property Details for 233-243 Harrison Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Parking Spaces
10.00
Parking Spaces Total
10

Location

Listing Courtesy of Fortified Realty Group, David Ferreira

Sold By Keller Williams Realty Boston South West, Adam Stivaletta

Add your commute
LISTING UPDATED: 01/09/2023 09:22 AM

Property Details for 233-243 Harrison Street

StatusSold
MLS #73035479
Days on Market78
Taxes$5,954 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of Fortified Realty Group, David Ferreira

Sold By Keller Williams Realty Boston South West, Adam Stivaletta

Add your commute

Building Information for 233-243 Harrison Street

Stories9Residences6Year Built1900Building Size-Lot Size0.18 AC / 7,971 SF

Payment Calculator

$6,499 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$496

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 233-243 Harrison Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Other
  • Living Area: 6720.0
  • SqFt with Basement: Yes
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • 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
  • Laundry Features: Laundry Room
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Heating: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Unit 3(Forced Air, Unit 4(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: M:0K09 B:0000 L:0036
  • Assessments: $471,800
  • Book: 5240
  • Tax Year: 2022
  • Zoning: A-3
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • Annual Expenses Source: Owner, Pro. Forma Available
  • GOI: $130,020.00
  • GRE: $42,107
  • NOI: $87,913.00
  • Operating Expense: $42,107.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $10,665.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 233-243 Harrison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 233-243 Harrison 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 - 6 to 8
Rating
School
Distance
Samuel Watson
PublicK 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 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.