Last Updated: 2/27/2017 3:04 AM
Description for 568-572 N Main St Fall River, MA 02720
Attention Investors !!! Great mixed use property. Fully rented with all good long term tenants that get along and pay on time. Residential rents ($525 + $750 plus Garage $125) = $1400. Commercial rents ($850 (Includes Basement @ $400) + $525 + $500) = $1875. Total monthly income = $3225 per month. Tenants pay utilities. Additional unfinished space available that could be converted into an additional residential unit. All electrical and mechanical is updated, separate meters, new water heaters and modern well maintained furnaces. Driveway and parking for up to 5 off street parking space and new roof on south side completed last year. Well lit and safe neighborhood. Two blocks of intended new commuter rail station. Quick access to freeways. Walking distance from Downtown amenities. Taxes recently reduced from previous assessed value of $328K. This Property is well worth a look. Positive Cash flow day ONE!!!
Public Water Service, Gas Water Heater
Exterior / Lot Features
4 Parking Spaces, Paved Driveway, On Site
Suburban, Highway Access, Public Transport, Interior Lot
Current market conditions for 568-572 N Main St
Active Market Trends
Median list price$224,900
Days on market146
Properties for sale167
Sold Market Trends
Median sold price$200,000
Sales to list price9,847.0%
Median sq ft price$139
Arrows indicate 90 day trend
Listing Price History for 568-572 N Main St
Fall River Real Estate
Fall River is located in Massachusetts. Fall River, Massachusetts 02720 has a population of 89,049.
The median household income in Fall River, Massachusetts 02720 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 02720 is 38.1 years.
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