Last Updated: 10/28/2016 5:19 AM
Description for 55-75 Reuben Fall River, MA 02723
ATTENTION INVESTORS! must sell 22 UPDATED RENOVATED APARTMENTS FULLY DELEADED. Gross income of $178200. NOI of $127000 and a great 13.4% Cap rate. Turnkey great investment. Updated kitchens, baths, windows, maintenance free exterior vinyl siding and roof less than 10 years old. All utilities are seperate for these 4 seperate very clean buildings. Selling as a package on the same corner lot, but they are already subdivided and you can sell them seperately in the future. EXCELLENT INCOME OF ~$15, 000 Per month. Eleven 3 bedrooms, Ten 2 bed and One 1 bed. 18 parking spaces. .(2)6 FAMS, (1)7 FAM, (1)3 FAM. Buildings are in the heart of Downtown Fall River which provides easy access to I-195, Route 79, and walking distance to many stores, restaurants, parks and shopping. Solid rental history and at only $48,860 per unit! owners have other projects on their plate. Package consists of 55-75 Reuben and 299-301 Quequechan St. once listed for 1,999,000.
Exterior / Lot Features
15 Parking Spaces,
Current market conditions for 55-75 Reuben
Active Market Trends
Median list price$239,000
Days on market131
Properties for sale161
Sold Market Trends
Median sold price$191,250
Sales to list price97.2%
Median sq ft price$128
Arrows indicate 90 day trend
Listing Price History for 55-75 Reuben
Fall River Real Estate
Fall River is located in Massachusetts. Fall River, Massachusetts 02723 has a population of 89,049.
The median household income in Fall River, Massachusetts 02723 is $34,437. The median household income for the surrounding county is $55,995 compared to the national median of $53,046. The median age of people living in Fall River 02723 is 38.1 years.
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