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  • $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

    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.

    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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