513-515 Whipple Street Fall River MA 02724 MLS #73354663

513-515 Whipple Street
Fall River, MA, 02724
$795,000
11 Beds
5 Baths
5,839 SqFt
0.16 Acres
$795,000
513-515 Whipple Street
Fall River, MA, 02724
OWNER-OCCUPY / INVESTOR OPPORTUNITY!!!..The POSSIBILITIES ARE ENDLESS WITH THIS OVERSIZED 5-FAMILY BUILDING offering a LARGE, TOWNHOUSE-STYLE 3 BEDROOM UNIT spanning over 2 levels perfectly nestled in the back of the building offering space, comfort and privacy with its own private entrance. Ideal for owner-occupied residency with the feel of a single-family while collecting four rental units in the front part of the building to offset the mortgage. Rent all five units at market rents and turn this property into a money-making machine! Property offers: 2-OVERSIZED 3 bedroom units currently used as 4 bedrooms, townhouse 3-bed, 1-1 bedroom unit currently used as a 2 bedroom unit and 1 smaller 1 bedroom unit. All heating systems in the basement (NO SPACE HEATERS), newer water heaters, coin-op laundry to transfer with sale and plenty of off-street parking. With the NEW COMMUTER RAIL TO BOSTON being OFFICIALLY OPERATIONAL should only add to the value and desirability of this property!

Property Details

Price:
$795,000
MLS #:
73354663
Status:
Pending
Beds:
11
Baths:
5
Address:
513-515 Whipple Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Fall River
Listed Date:
Apr 3, 2025
State:
MA
Finished Sq Ft:
5,839
Total Sq Ft:
5,839
ZIP:
02724
Lot Size:
6,865 sqft / 0.16 acres (approx)
Year Built:
1900
Units:
5

Schools

Interior

Bathrooms
5 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T- Station
Parking Features
Paved Drive, Off Street
Parking Spots
6

Financial

Net Operating Income
$52,400
Tax Year
2025
Taxes
$8,300
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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513-515 Whipple Street
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