This 3 family investment property is a Great Cash Flow Property! There are currently 3 good sized 2 bedroom apartments on the first 2 floors that cover the mortgage and 3rd floor apartment is currently rented with another long term tenant that creates the cash-flow! This is a great area for someone who is looking to move to the north end of the city with highway access less than a minute away in either direction to route 24 or 195!
Multi-familyProperty Type
1900Year Built
3,165 sq ftLot Size
$205Est. Price/Sq.Ft.
Listed by Gualter Amarelo• Cameron Real Estate Group - Fall River
Bought with Gualter Amarelo• Cameron Real Estate Group - Fall River
Here is a nice three family with lots of updates. The first and second floors have 4 bedrooms and the third floor has two bedrooms. The exterior is well maintained with vinyl siding and replacement windows. There are 3 updated heating systems one of which was replaced about one month ago and updated electrical circuit breakers. Fully occupied with good cash flow. A terrific investment opportunity or owner occupied!
Public Records
Feb 10, 2006
Sold
$200,000
$63/sq ft
Public Records
May 8, 1992
Sold
$80,708
$26/sq ft
Public Records
Nov 19, 1990
Sold
$90,000
$28/sq ft
Public Records
May 13, 1988
Sold
$195,000
$62/sq ft
Public Records
Mar 23, 1987
Sold
$152,500
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,881 (+12.5%)
$99,800 + $298,000
$397,800
2022
$4,339 (+8.7%)
$94,200 + $249,600
$343,800
2021
$3,990 (+11.5%)
$90,000 + $198,500
$288,500
2020
$3,578 (+12.5%)
$85,900 + $161,700
$247,600
2019
$3,180 (+5.9%)
$89,800 + $128,300
$218,100
2018
$3,003 (+4.4%)
$90,400 + $115,000
$205,400
2017
$2,876 (+2.8%)
$90,400 + $115,000
$205,400
2016
$2,798 (+4.2%)
$93,200 + $112,100
$205,300
2015
$2,685 (−1.3%)
$93,200 + $112,100
$205,300
2014
$2,719 (+3.1%)
$93,200 + $122,900
$216,100
2013
$2,638 (+6.6%)
$96,100 + $125,000
$221,100
2012
$2,475 (+7.3%)
$97,000 + $128,400
$225,400
2011
$2,306 (−12.9%)
$97,000 + $128,400
$225,400
2010
$2,648 (+9.1%)
$119,700 + $173,200
$292,900
2009
$2,428
$115,200 + $186,000
$301,200
Tax history for 279 Locust St
Year
Property tax
Land + Additions
Assessment*
2023
$4,881 (+12.5%)
$99,800 + $298,000
$397,800
2022
$4,339 (+8.7%)
$94,200 + $249,600
$343,800
2021
$3,990 (+11.5%)
$90,000 + $198,500
$288,500
2020
$3,578 (+12.5%)
$85,900 + $161,700
$247,600
2019
$3,180 (+5.9%)
$89,800 + $128,300
$218,100
2018
$3,003 (+4.4%)
$90,400 + $115,000
$205,400
2017
$2,876 (+2.8%)
$90,400 + $115,000
$205,400
2016
$2,798 (+4.2%)
$93,200 + $112,100
$205,300
2015
$2,685 (−1.3%)
$93,200 + $112,100
$205,300
2014
$2,719 (+3.1%)
$93,200 + $122,900
$216,100
2013
$2,638 (+6.6%)
$96,100 + $125,000
$221,100
2012
$2,475 (+7.3%)
$97,000 + $128,400
$225,400
2011
$2,306 (−12.9%)
$97,000 + $128,400
$225,400
2010
$2,648 (+9.1%)
$119,700 + $173,200
$292,900
2009
$2,428
$115,200 + $186,000
$301,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
10
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
2,614 Sq. Ft.
Year renovated
—
Sq. Ft.
3,165
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Bristol County
APN
2833652
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full, Walk-Out Access, Interior Entry
Interior Features
# of Rooms (Total): 16
Flooring: Tile, Vinyl, Carpet
Unit #1 Information
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Exterior
Building Information
Building Area (Total): 3,165
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 3 Family - 3 Units Up/Down
Lot Information
Lot Size (Acres): 0.07
Lot Features: Gentle Sloping
Financial
Tax Information
Tax Annual Amount: $3,003
Tax Year: 2018
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts
Location
Location Information
Directions: Use GPS
UnparsedAddress: 279 Locust St, Fall River MA 02720
Community Information
Senior CommunityYN: No
Public facts
Beds: 10
Baths: 3.0
Sq. Ft.: 3,165
Stories: 3.0
Lot Size: 2,614 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Bristol County
APN: 2833652
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Morton Middle School
Public 6-8 • Assigned • 0.7mi
3/10
B M C Durfee High School
Public 9-12 • Assigned • 1.4mi
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
5/10 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
66
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.
8.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$616,000 – $745,000
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