Imagine the rental income from this investment property paying for itself. As an investor or private investment, this mixed-use building with 6 units in a prime area is a rare find. Nestled near public transit and easy highway access within minutes to Rhode Islands or less than an hour from the Cape or Boston for convenience, the scenic water views create a peaceful oasis for tenants.The owner will consider financing to qualified buyers who can contribute 25% down payment and meet the criteria to be financed by a lending instruction. They are open to creative financing options to make this work. This well-maintained cash flowing property has below market rate rents with room to moderately increase over time.Easy access to all local major highway access. Imagine only a text, email away ..... serious inquiries from buyers who see the potential of
Sold for $1,250,000 on 10/31/23
$1,250,000
379-385 Columbia St, Fall River, MA 02721
10beds
9,849sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$127/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: November 01, 2023 at 05:16pm
Listed by:
Jon M. Taylor,
J. Vallee Realty
Bought with:
Mateus Silva
Re/Max Impact
Source: MLS PIN,MLS#: 73139783
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 11
- Full bathrooms: 8
- 1/2 bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Features
- Kitchen
- Flooring: Wood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 9,849
- Total interior livable area: 9,849 sqft
Property
Parking
- Total spaces: 9
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Enclosed
Lot
- Size: 6,987 sqft
- Features: Corner Lot
Details
- Foundation area: 0
- Parcel number: I070014,2827855
- Zoning: Mixed Use
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame, Brick, Stone, Block
- Foundation: Concrete Perimeter, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service, Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
Location
- Region: Fall River
HOA & financial
Other financial information
- Total actual rent: 7840
Other
Other facts
- Listing terms: Seller W/Participate