Anne Whiting Real Estate IDX

621-631 King Philip St
Fall River, Massachusetts MA 02724-2181
Listing ID 72982701
Price: $1,390,000
Price/SqFt $182.89
Under Agreement Status
16 Bedrooms
11 Full Baths
11 Total Baths
7,600 SqFt
0.290 Acres
Invest in Fall River! With not just one, but TWO professionally managed houses on ONE lot, these are RARE - 11 UNITS. Protect your investment and keep the current management team in place. The recently renovated 621 King Philip St is a five unit building with four 1 bed/1 bath units and a 2 bed/1 bath “townhouse” style apartment. Completely updated from top to bottom, these units feel fresh and airy from every angle. On the left, 631 King Philip St is a six unit building with four 2 bed/1 bath units and two 1 bed/1 bath units inside. In the basement, tenants also have access to storage and coin-op laundry. Behind both buildings you’ll see a yard area, a 10 car parking lot, and a garage bringing $150/month (inc. in 621 3E Rent). In total, both buildings produce ~$11,525.00 from rent collection and an additional $300 or so a month from the laundry coin ops. Both roofs were replaced last year as well. Turn key and cash flowing on day 1...just collect your ROI.
County: Bristol
Price/SqFt: 182.89
Property Sub Type: 5+ Family - 5+ Units Up/Down
Property Type: Multi-Family
Year Built: 1900
Zoning: A-3
Basement: yes
Basement Description: Full
Levels: 3
Number of Rooms: 60
SqFt Including Basement: no
SqFt Source: Other
Total Bedrooms: 16
Total Rooms: 60
Color: White
Electric Feature: Circuit Breakers, Individually Metered
Entry Only: no
Exterior: Vinyl
Foundation: Fieldstone, Granite
Garage Spaces: 1
Hot Water: Natural Gas, Tank, Tankless
Lot Description: Paved Drive
Lot Size: 12589
Parking Feature: Off-Street
Parking Spaces: 10
Road Type: Public
Roof Material: Asphalt/Fiberglass Shingles
Sewer: City/Town Sewer
Units: 11
Water: City/Town Water
Waterfront: no
Waterview: no
Beachfront: no
Book: 10649
Certificate Number: 000000016359
Entered By: CT006590
GOI: 138300
Lead Paint: Unknown
Listing Alert: No
Main: AN2458
Year Build Description: Approximate
Year Built Source: Public Record
Assessed Value: 654800
Disclosure: no
Disclosures: Must close on or after 7/17/22.
Lender Owned: No
Listing Price Per SqFt: 182.89
NOI: 138300
Short Sale Lender Approval Required: No
Tax Year: 2022
Taxes: 8264

© 2022 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. This information was last updated on Tuesday, July 5th, 2022. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact Anne Whiting Real Estate directly for additional information pertaining to the status and availability of properties displayed on this website. Listing Courtesy of David Ferreira with Fortified Realty Group.

Contact - Listing ID 72982701

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Anne Whiting

250 Elm Street
South Dartmouth, MA 02748
Phone: 508-999-1010

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