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568-572 N Main St,Fall River MA, 02720

Status: Active
MLS#: 72057807
Cooperating BrokerFALL RIVER REAL ESTATE & RENTALS, INC. Todd Mello
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Berkshire Hathaway HomeServices Mel Antonio Real Estate
(508) 991-6661

Last Updated: 6/24/2017 3:41 PM
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!!!
Listing Information
Property Type: General Commercial, 2 Story
Bristol 0.11 Acres
1900 2
Public Water Service, Gas Water Heater
Public Sewer
Natural Gas
Room Information
Exterior / Lot Features
4 Parking Spaces, Paved Driveway, On Site
Suburban, Highway Access, Public Transport, Interior Lot
Financial Considerations
M:0O-14 B:0000 L:0007
Listing Price History for 568-572 N Main St

Fall River Real Estate

Fall River is located in Massachusetts. Fall River, Massachusetts 02720 has population of88,777.

The median household income in Fall River, Massachusetts 02720 is $33,763. The median household income for the surrounding county is $55,957 compared to the national median of $53,482. The median age of people living in Fall River 02720 is 38.8 years.

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