85-87 Shawmut Fall River MA 02720 MLS #73287115

85-87 Shawmut
Fall River, MA, 02720
$699,900
9 Beds
4 Baths
3,987 SqFt
0.12 Acres
$699,900
85-87 Shawmut
Fall River, MA, 02720
No showings until the 1st open house 7/14- please DO NOT walk the property. This property represents a fantastic opportunity for an investor seeking a well-maintained, income-producing asset with easy access to the highway and just 1.5 miles from the new Fall River commuter rail train station. Each unit is generously sized with three bedrooms, one full bath, a living room, a dining room, & an eat in kitchen. 1st floor has been completely renovated and has exclusive access to a bonus family room, office area and 2nd full bath with laundry in the partially finished basement. Lead paint letters of compliance already in hand for 2nd and 3rd floor units. Some key features include a newer roof, updated furnaces, 3 newer hot water tanks, separately metered gas & separately metered electric for each unit, a maintenance-free exterior, off-street parking for at least two vehicles, a fenced-in private rear yard, & a full basement with secure storage rooms and multiple washer & dryer connection

Property Details

Price:
$699,900
MLS #:
73287115
Status:
Pending
Beds:
9
Baths:
4
Address:
85-87 Shawmut
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Fall River
Listed Date:
Sep 9, 2024
State:
MA
Finished Sq Ft:
3,987
Total Sq Ft:
3,987
ZIP:
02720
Lot Size:
5,144 sqft / 0.12 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
None
Flooring
Tile, Laminate, Hardwood, Wood
Heating
Baseboard, Natural Gas, Individual, Unit Control
Laundry Features
Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, T- Station
Exterior Features
Rain Gutters
Parking Features
Paved
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$58,030
Tax Year
2024
Taxes
$6,476
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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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