$1,050,000 ($156.25 per sqft)

Est. Mortgage $5,309/mo *

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159 Cherry St, Fall River, MA, 02720

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18 rooms

6 beds

6 Full / 2 Half baths

1875

6,720 sqft

Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future

Status:

Active

Type:

Multi-family

Units:

Zoning:

Garage:

2-car

Levels:

Parking:

4-car, Paved Drive, Off Street, Paved

Acreage:

0.12

Est. Taxes:

$11,373

Assessment

$748,700

Construction

Brick, Stone

Utilities

for Gas Range

Lot Description:

Corner Lot

View Description:

Scenic View(s)

Amenities:

Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station

Waterfront:

Yes

MLS #:

73259991

Buyer Agent Compensation:

2%%

Facilitator Compensation:

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Jason Saphire, www.HomeZu.com

$1,050,000 ($156.25 per sqft)

159 Cherry St, Fall River, MA, 02720

Community Info

School Info

Walk Score

Mass Transit

Yelp

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