$ 575,000
568 N Main St Fall River, MA 02720
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 575,000
Est. payment /mo
Active
568 N Main St Fall River, MA 02720
4,516 SqFt
UPDATED:
08/04/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,516 sqft
Price per Sqft $127
MLS Listing ID 73232025
HOA Y/N false
Year Built 1900
Annual Tax Amount $3,018
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Experience the ultimate investment opportunity with this versatile mixed-use very large unfinished 3rd. floor that could be another unit or made into a loft with water view .. this property offers endless possibilities.Investors, take note! Owner financing is available, allowing you to leverage the rental income to help pay the mortgage and live comfortably while enjoying a remarkable return on investment. With below-market rents and all units currently occupied, this property presents an attractive 8% potential cap rate based on current market rents (currently $1,100, $850, $700, and $700).Ideally situated mere minutes from the upcoming train station, reliable transit connections between Southeastern Massachusetts and Boston will be at your doorstep. Additionally, this prime location offers convenient access to highways, shopping, restaurants, and entertainment venues, ensuring a high-demand rental market.
Location
State MA
County Bristol
Zoning B-B
Direction please use GPS
Exterior
Waterfront false
Total Parking Spaces 3
Others
Senior Community false
Listed by J. Vallee Realty