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  • $1,025,000

    159 Cherry St, Fall River, MA 02720

    6beds
    6,720sqft
    5-9 Family
    Built in 1875
    -- sqft lot
    $-- Zestimate®
    $153/sqft
    $-- HOA

    What's special

    Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future

    Zillow last checked: 7 hours ago

    Listing updated: October 01, 2024 at 03:05pm

    Listed by:

    Jason Saphire,

    www.HomeZu.com

    Bought with:

    Austin Robichaud

    Fortified Realty Group

    Source: MLS PIN,MLS#: 73259991

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Features
    • Flooring: Vinyl
    • Windows: Insulated Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 6,720
    • Total interior livable area: 6,720 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street, Paved
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: Scenic View(s)
    • Waterfront features: Waterfront, River
    Lot
    • Size: 5,410 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 2833399
    • Zoning: B

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Brick, Stone
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1875

    Utilities & green energy

    • Electric: 110 Volts, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station
    Location
    • Region: Fall River

    HOA & financial

    Other financial information
    • Total actual rent: 10300
    Services availability
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