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Off market
  • $714,300

    118 Maple St, Fall River, MA 02720

    8beds
    3,256sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $714,300 Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Life is Good! Make money here and bet on the train. Buy and hold opportunity for a savvy investor. Don't overthink it...Keep it simple to make these units rent ready and keep your downside protection built in. Hold this property for 3 years or so and see how the train situation plays out. The train station is literally down the street, you can see it in the drone shots. So what do you do in 3 years? If the market is booming you have options...condo conversion...refresh unit 1 and make it a top end resale...cash out your equity to buy something else...logic would dictate that rents should increase this close to the train. Due to FHA 90 day rule and current property condition...this will not pass FHA. There are other programs available that make this property attractive with a low down payment. Again, don't overthink it :) keep it simple and make money.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Gas
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,256 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: FALLM0O14B0000L0042

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Fall River

    Other

    Other facts
    • Basement Feature: Full
    • Electric Feature: Circuit Breakers, 60 Amps/Less, 100 Amps
    • Exterior: Vinyl
    • Foundation: Fieldstone, Granite
    • Hea Dscrp 1: Gas, Hot Water Baseboard
    • Hea Dscrp 2: Gas, Space Heater
    • Hot Water: Natural Gas, Tank
    • Lot Description: Paved Drive, Scenic View(s), Level, City View(s)
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Amenities: T-Station
    • Hea Dscrp 3: Gas, Space Heater
    • Mf Type: 3 Family
    Services availability
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    An equal housing lender. NMLS #10287.