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
Multi-familyProperty Type
1875Year Built
5,410 sq ftLot Size
$153Price/Sq.Ft.
2 garage spacesParking
Listed by Jason Saphire• www.HomeZu.com
Bought with Austin Robichaud• Fortified Realty Group
Mansard roof 6 family with large corner store front. Six spacious one-bedroom apartments. Owner supplies hot and cold water only. Store front has great visibility and is on lease for $1500. Two-car garage. New roof and vinyl siding.
Public Records
Jan 17, 2006
Sold
$480,000
$71/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$101,600 + $532,500
$634,100
2022
$6,879
$101,600 + $443,500
$545,100
2021
$87,100 + $409,200
$496,300
2020
$83,400 + $243,900
$327,300
2019
$79,400 + $210,700
$290,100
2018
$87,200 + $267,400
$354,600
2017
$87,200 + $267,400
$354,600
2016
$87,200 + $267,400
$354,600
2015
$87,200 + $267,400
$354,600
2014
$87,200 + $267,400
$354,600
2013
$88,900 + $267,400
$356,300
2012
$98,900 + $267,400
$366,300
2011
$98,900 + $267,400
$366,300
2010
$3,469 (+2.6%)
$104,100 + $279,600
$383,700
2009
$3,380
$128,400 + $290,900
$419,300
Tax history for 159 Cherry St
Year
Property tax
Land + Additions
Assessment*
2023
$101,600 + $532,500
$634,100
2022
$6,879
$101,600 + $443,500
$545,100
2021
$87,100 + $409,200
$496,300
2020
$83,400 + $243,900
$327,300
2019
$79,400 + $210,700
$290,100
2018
$87,200 + $267,400
$354,600
2017
$87,200 + $267,400
$354,600
2016
$87,200 + $267,400
$354,600
2015
$87,200 + $267,400
$354,600
2014
$87,200 + $267,400
$354,600
2013
$88,900 + $267,400
$356,300
2012
$98,900 + $267,400
$366,300
2011
$98,900 + $267,400
$366,300
2010
$3,469 (+2.6%)
$104,100 + $279,600
$383,700
2009
$3,380
$128,400 + $290,900
$419,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
7.5
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
6,720
Year built
1875
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2833399
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 6
# of Bathrooms (Half): 2
Interior Features
# of Rooms (Total): 18
Window Features: Insulated Windows
Flooring: Vinyl
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 3
# of Floors: 3
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 6,720
Foundation Details: Stone, Brick/Mortar
Construction Materials: Brick, Stone
Stories (Total): 7
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Certified Treated
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 5-9 Family
Has Waterview
River
Lot Information
Lot Size (Acres): 0.12
Lot Features: Corner Lot
ViewYN: Has View
View: Scenic View(s)
WaterfrontYN: Yes
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $11,373
Tax Year: 2025
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts, Circuit Breakers
Location
Location Information
Directions: Corner property at the intersection of Durfee St and Cherry St.
UnparsedAddress: 159 Cherry St, Fall River MA 02720
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station
Public facts
Beds: 6
Baths: 7.5
Sq. Ft.: 6,720
Stories: 3.0
Lot Size: 5,227 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1875
Year Renovated: —
County: Bristol County
APN: 2833399
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
Exclusions: Security Camera In The Backyard And Tenant Belongings
StandardStatus: Closed
Around this home
Schools
Morton Middle School
Public 6-8 • Assigned • 0.8mi
3/10
B M C Durfee High School
Public 9-12 • Assigned • 1.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Fall River, MA • 02720
Average low and high temperatures (°F)
35
22
36
22
49
33
58
41
67
51
78
61
82
67
78
60
74
57
64
48
53
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.