1240-1246 N Main St new

Fall River,MA 02720

$ 2400000

30 Beds

15 Baths

11423 SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 11,423 sqft

Price per Sqft $210

MLS Listing ID 73401466

Bedrooms 30

Full Baths 15

Year Built 1900

Annual Tax Amount $19,053

Tax Year 2025

Lot Size 6,969 Sqft

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

1240-1246 N Main Street consists of a three-story building, containing fifteen (15), 2-Bedroom/1 Bathroom residential units with 11,423 square feet of living area in 15,983 square feet of total gross area on a 0.16-acre corner parcel. The well-maintained Property features a new roof and offers upside potential as current occupants are tenants-at-will and in-place rents are below market rates for comparable units in the area. Each unit is separately metered for electric, gas fired heat and gas fired hot water, which the tenants pay directly. Landlord is responsible for common area electric and domestic water and sewer. The Property is well-located on the corner of Hood Street and N Main Street in Fall River's north end, along the municipal bus-line with a stop in front of the Property, and benefits from its proximity to the Fall River Depot (the new MBTA Train Station with direct service to Boston), 0.4-miles away. Property Tours on Friday 7/18.

Location

State MA

County Bristol

Zoning G

Exterior

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Marina,Public School,T-Station

Roof Type Rubber

Building

Lot Description Corner Lot

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

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