254-276 4th Street

Fall River, MA 02721

$1,800,000
Last Sold Price
49
Beds
15
Baths
2
1/2 Baths
15,989 Sq. Ft.
$113 / Sq. Ft.
15,989
Sq. Ft.
$113
per Sq. Ft.

Description

254, 270, 276 Fourth & 195-197 Rodman Street. The Portfolio consists of four (4) buildings centered around downtown Fall River with a total of forty-five (45) units made up of nine (9), 1-Bedroom/1 Bathroom units, one (1), 2-Bedroom/1-Bathroom unit, one (1), 5-Bedroom/1-Bathroom unit and thirty-three (33), Single-Room units. Additionally, there is an on-site office located within 254 Fourth Street that is utilized by property management. The single room units have access to six and one half shared...254, 270, 276 Fourth & 195-197 Rodman Street. The Portfolio consists of four (4) buildings centered around downtown Fall River with a total of forty-five (45) units made up of nine (9), 1-Bedroom/1 Bathroom units, one (1), 2-Bedroom/1-Bathroom unit, one (1), 5-Bedroom/1-Bathroom unit and thirty-three (33), Single-Room units. Additionally, there is an on-site office located within 254 Fourth Street that is utilized by property management. The single room units have access to six and one half shared bathrooms and five shared kitchens. The Portfolio contains 15,889 square feet of living area situated on a total of 0.38-acres of land (on three tax parcels) with on-site parking for eighteen (18) vehicles. The Properties enjoy close proximity to the Charlton Memorial Hospital, and the future Fall River Train Station (MBTA – Stoughton Line) which is scheduled to open in 2023. Below market rents offer the potential for increased income for each of the properties.
  1. Listed by Spencer Smith • Horvath & Tremblay

Property Details for 254-276 4th Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Parking Spaces
20.00
Parking Spaces Total
20

Location

Listing Courtesy of Horvath & Tremblay, Spencer Smith

Sold By Horvath & Tremblay, Spencer Smith

Add your commute
LISTING UPDATED: 08/24/2022 12:14 PM

Property Details for 254-276 4th Street

StatusSold
MLS #72943540
Days on Market108
Taxes$18,836 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - Rooming House
Year Built1900
CountyBristol County

Location

Listing Courtesy of Horvath & Tremblay, Spencer Smith

Sold By Horvath & Tremblay, Spencer Smith

Add your commute

Building Information for 254-276 4th Street

Stories8Residences45Year Built1900Building Size-Lot Size0.38 AC / 16,552 SF

Payment Calculator

$11,393 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,570

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 254-276 4th Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Other (See Remarks)
  • Current Financing: Private
  • Living Area: 15989.0
  • SqFt with Basement: Yes
  • Total Units: 45
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Other, Oil Water Heater, Gas Water Heater
  • Num of Baths: 17.0
  • Num of Full Baths: 15
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 16.00
  • Bathrooms Total Integer: 15
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Other(See Remarks), Other (See Remarks)
  • Interior Features: Other(See Remarks), Other (See Remarks)
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Shingle
  • Waterfront Features: Beach Front
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Other (See Remarks)
  • Cooling: Yes
  • Electric: Common
  • Heating: Other
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Assessments: $1,362,800
  • Book: 10024
  • Tax Year: 2022
  • Zoning: A-2
Building / Association Information
Living Characteristics
  • Beds Total: 49
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Brick/Mortar, Other
  • Heat Units: 4
  • Heat Zones: 0
Income / Expenses
  • Annual Expenses Source: Estimated, Owner, Other (See Remarks)
  • GOI: $309,143.00
  • GRE: $142,686
  • NOI: $151,000.00
  • Operating Expense: $142,686.00
Unit Information
Unit 1 Description
  • Floor U1: 4
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 4
  • Lease U2: N
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $25,675.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 254-276 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 254-276 4th Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 7 to 12
Public - 6 to 8
Rating
School
Distance
Henry Lord Community School
PublicPK to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 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.

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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Horvath & Tremblay, Spencer Smith

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.