5 Morton Street

Fall River, MA 02720

$520,000
Last Sold Price
6
Beds
3
Baths
2,832 Sq. Ft.
$184 / Sq. Ft.
2,832
Sq. Ft.
$184
per Sq. Ft.

Description

AMAZING OPPORTUNITY TO BREAK INTO THE HOT FALL RIVER MARKET on this SHARP 3-FAMILY HOME WITH 2-CAR GARAGE ON A CORNER LOT WITH CLOSE PROXIMITY TO THE NEW TRAIN STATION AND QUICK HIGHWAY ACCESS (Rte, 24 & 195) UNDER $500K! Home offers nicely laid out two bedroom semi-modern units with space heaters (currently rented below market as TAW). First floor currently vacant for new owner to reside in or select tenant of choice at todays rental market value. This maintenance free building has a newer roof,...AMAZING OPPORTUNITY TO BREAK INTO THE HOT FALL RIVER MARKET on this SHARP 3-FAMILY HOME WITH 2-CAR GARAGE ON A CORNER LOT WITH CLOSE PROXIMITY TO THE NEW TRAIN STATION AND QUICK HIGHWAY ACCESS (Rte, 24 & 195) UNDER $500K! Home offers nicely laid out two bedroom semi-modern units with space heaters (currently rented below market as TAW). First floor currently vacant for new owner to reside in or select tenant of choice at todays rental market value. This maintenance free building has a newer roof, vinyl siding, high basement with washer/dryer hookups and non-coin operated washers and dryers (those owned by seller remaining as gifts), 2-car garage, small back yard for ease of maintenance on a NICE CORNER LOT WITH CLOSE PROXIMITY TO THE REVITALIZED WATERFRONT, NEW TRAIN STATION AND FINE DINING. (Market rents $1200-1500 per month per unit). All information deemed reliable & accurate but not guaranteed; buyers & buyer agents to conduct all due diligence. House sold "as is/where is".
  1. Listed by Jose Ferreira • Morello Real Estate

Property Details for 5 Morton Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
2
Parking Spaces
.00
Parking Spaces Total
2

Location

Listing Courtesy of Morello Real Estate, Jose Ferreira

Sold By Andrade Associates Real Estate, Inc., Jeffrey Dormus

Add your commute
LISTING UPDATED: 07/14/2023 06:01 PM

Property Details for 5 Morton Street

StatusSold
MLS #73117626
Days on Market8
Taxes$4,591 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of Morello Real Estate, Jose Ferreira

Sold By Andrade Associates Real Estate, Inc., Jeffrey Dormus

Add your commute

Building Information for 5 Morton Street

Stories6Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,953 SF

Payment Calculator

$3,220 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,838

Property Taxes

$383

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Morton Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 2832.0
  • Color: Gray
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer
  • 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
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Newer roof installed in 2022. Current tenants are Tenant-At-Will (TAW) paying below todays market rent in Fall River,MA for similar sized apartments/units. Market rent for similar units approximately $1200-1500 per month. House has no common house electric meter. Owner owned washers/dryers- r gifts
Tax Information
  • Assessments: $374,200
  • Book: 4351
  • Tax Year: 2023
  • Zoning: G
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $19,800.00
  • NOI: $19,800.00
Complex & Association Information
  • Adult Community: No
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: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,650.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 1%

Property History for 5 Morton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5 Morton 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 - 2 to 12
Rating
School
Distance
North End Elementary School
PublicPK to 5

Morton Middle School
Public6 to 8

B M C Durfee High School
Public9 to 12

Stone Day School
Public2 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.

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 Morello Real Estate, Jose 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.