Prime Investment Opportunity Income-Producing Property in Rapidly Growing City. This is a seasoned investors dream.Turnkey asset ideal for investors, REITs, or 1031 exchange.Add this beauty to your portfolio, it most certainly will not disappoint!Strategic location near transit, downtown, and areas greatest landmarks. This building is immaculate!Property offers curb appeal, parking and boasts modern and tastefully remodeled units.Recently painted dormers.Newer sprinkler system and roof.Blow-in in attic insulation(2020) Newer water heaters, windows. Clean and bright laundry room with 2 coin op washers and 2 coin op dryers making this building attractive to the everyday tenant looking for convenience.Two Additional units in lower level adding to rental income. High occupancy rates with established tenants some long term tenants and all tenants are current. Buildings annual gross is a little over 140k with potential to be increased. Full financials, rent roll and showings available.
For sale
$1,300,000
186 John St, Fall River, MA 02721
15beds
8,298sqft
Est.:
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$157/sqft
$-- HOA
What's special
Newer water heatersNewer sprinkler systemCurb appealRecently painted dormers
- 7 days
- on Zillow |
- 280 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 12:05am
Listed by:
Yvonne Pina,
Pina & Savage Realty Inc.,
Elizabeth Savage
Source: MLS PIN,MLS#: 73381917
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Wood, Plywood, Vinyl, Carpet, Varies, Hardwood
- Windows: Insulated Windows, Screens
- Basement: Full,Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 8,298
- Total interior livable area: 8,298 sqft
- Finished area above ground: 8,298
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Enclosed
- Exterior features: Rain Gutters, Sprinkler System
Lot
- Size: 4,970 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:0I16 B:0000 L:0027,2828454
- Zoning: A-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $884,000
- Annual tax amount: $10,122
- Date on market: 5/29/2025
- Listing terms: Contract
- Total actual rent: 6350
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