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.
Sold
$1,350,000
621-631 King Philip St, Fall River, MA 02724
16beds
7,600sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 06, 2022 at 07:25am
Listed by:
David Ferreira,
Fortified Realty Group
Bought with:
Kevin Teves
Weichert, REALTORS® - SBA Group
Source: MLS PIN,MLS#: 72982701
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 11
- Full bathrooms: 11
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 7,600
- Total interior livable area: 7,600 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 0.29 Acres
Details
- Parcel number: M:0B10 B:0000 L:0030
- Zoning: A-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Stone, Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Fall River
HOA & financial
Other financial information
- Total actual rent: 11525
Services availability

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