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Updated about 7 years ago on . Most recent reply

User Stats

17
Posts
17
Votes
Chris Cyr
  • Investor
  • East Bridgewater, MA
17
Votes |
17
Posts

6 Unit - Fall River, Massachussetts

Chris Cyr
  • Investor
  • East Bridgewater, MA
Posted

6 Unit in the Surging Fall River Market - 8% CAP Rate

349,900

4 - 2 Bedroom Units

2 - 1 Bedroom Units

All units full, mostly long term tennants (one in place for 40+ years)

Great rental history

Coin Op washer / dryer

Good Roof / New Replacement Windows / Upgraded electric 1 year ago

Gross Monthly Rent 3,500 / 42k Per Year

Annual Expenses: Electric $720 / Water $1500 / Water Heater Rental 864 / Tax 2300 / Insurance 3300

On Street parking only

Good area of Fall River (Holden Street)

Offering

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