$575,000
568 N Main St
Fall River, MA, 02720
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.
Property Details
Price:
$575,000
MLS #:
73232025
Status:
Active
Beds:
0
Baths:
0
Address:
568 N Main St
Type:
Commercial
City:
Fall River
Listed Date:
May 2, 2024
State:
MA
Finished Sq Ft:
4,516
Total Sq Ft:
4,516
ZIP:
02720
Lot Size:
4,726 sqft / 0.11 acres (approx)
Year Built:
1900
Schools
Interior
Exterior
Parking Spots
3
Financial
Tax Year
2023
Taxes
$3,018
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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Courtesy of J. Vallee Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
568 N Main St
Fall River, MA
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