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172 Stewart Street

Fall River, MA 02720
  • $259,900
  • STATUS: Pending
  • ON SITE: 5 Days
  • MLS #: 1301517
Pending
UPDATED: 34 min ago
$259,900
  • 6
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,704
    SQFT
  • $70
    $/SQFT
Type:
Multi-Family
Built:
1921
County:
Area:

School Ratings & Info

Description

RARE opportunity to purchase a 2 unit (3 unit potential) in the desirable Highlands of Fall River. This property is a 4-minute drive (15-minute walk) to the MBTA South Coast Commuter Rail Fall River Depot station currently being constructed at 825 Davol Street. Each established unit features two bedrooms, a dining room, living room, kitchen, and full bath. The third level is large and has the potential to be its own 2-3 bed unit. The garage is large with space for two vehicles and the driveway has space for another three vehicles. This property is in need of some renovation and will not qualify for all types of financing. Comparable 2-unit properties sold in Fall River indicate a potential ARV (After Repair Value) of over $425,000.00. Projected market rents after renovation range from $1,500-$2,000+ per unit (Multiplied by 3 if the third level is converted into its own unit). Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed.ALL DEPOSITS MUST BE CERTIFIED FUNDS ONLY. Please see attached offer instructions.

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Century21 Platinum are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Century21 Platinum. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-01-20T07:37:24.89.
www.platinumc21.com/homes/124758121
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172 Stewart Street Fall River, MA 02720

  • Price: $259,900
  • Status: Pending
  • On Site: 5 Days
  • Updated: 34 min ago
  • MLS #: 1301517
6
Beds
3
Baths
0
½ Baths
0.15
Acres
3,704
SQFT
$70
$/SQFT
1921
Built
County:
Bristolma
Area:
Fall River
Property Description
RARE opportunity to purchase a 2 unit (3 unit potential) in the desirable Highlands of Fall River. This property is a 4-minute drive (15-minute walk) to the MBTA South Coast Commuter Rail Fall River Depot station currently being constructed at 825 Davol Street. Each established unit features two bedrooms, a dining room, living room, kitchen, and full bath. The third level is large and has the potential to be its own 2-3 bed unit. The garage is large with space for two vehicles and the driveway has space for another three vehicles. This property is in need of some renovation and will not qualify for all types of financing. Comparable 2-unit properties sold in Fall River indicate a potential ARV (After Repair Value) of over $425,000.00. Projected market rents after renovation range from $1,500-$2,000+ per unit (Multiplied by 3 if the third level is converted into its own unit). Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed.ALL DEPOSITS MUST BE CERTIFIED FUNDS ONLY. Please see attached offer instructions.
Exterior Features

Construction Materials DrywallPlasterShingle SidingWood Siding Covered Spaces 1 Foundation Details Concrete Perimeter Garage YN Yes Parking Features DetachedGarage Parking Total 5

Interior Features

Appliances Gas Water Heater Basement FullUnfinished Basement YN Yes Cooling None Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Heating BaseboardGasHot Water

Property Features

Attached Garage YN No Current Use Multi-Family Land Lease YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 3199 Tax Assessed Value 231300 Tax Lot 71 Tax Year 2021 Water Source Public Zoning B

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Revolv Real Estate.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Century21 Platinum are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Century21 Platinum. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-01-20T07:37:24.89.
 
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