Perfect opportunity to buy a well maintained six family property with 3 Bedroom units and 6 full baths. This property has a newer roof, electric, plumbing and all separate utilities, located on a corner lot with plenty of off-street parking for tenants. Fully rented with excellent rental history. Investors, this is your optimum window to acquire a meticulous 6 family with 11 garages for additional income just in time as the Commute Rail begins service in Fall River. Great location easy access to Route 24 and 195. Absolute move in condition. Neither seller nor agent, make any representations as to the accuracy of any information contained herein. Buyer(s) and buyer(s) agent must conduct their own due diligence. This property is being sold in AS IS AS SEEN CONDITION WITH NO WARRANTIES GIVEN OR IMPLIED. The Sellers reserve the right to accept a qualified offer at any time.
TURNKEY investment opportunity! Well maintained Six 5- room 3 Bedroom units. 6 full baths, newer roof, electric, and plumbing. All separate utilities, located on a corner lot with plenty of off-street tenant parking for tenants. Fully rented with excellent rental history. Included are 11 Garage storage rentals. All on one lot. Great location easy access to Route 24 and 195. Absolute move in condition. Invest In Fall River!!! Very rare do you see a well maintained 6 unit come up for sale!! Great cash flow with current rents of $81,300 and room for increases with documented market rents of $114,000. Possible condominium conversion, plenty of common area. Group showing scheduled for Friday, March 4, 2022, 12:00 Noon to 1:30 PM.
MLS PIN #72144932
Aug 1, 2017
Sold
$440,000
$71/sq ft
Jun 9, 2017
Pending
—
May 15, 2017
Price Changed
$499,999
$81/sq ft
Apr 14, 2017
Price Changed
$525,000
$85/sq ft
Apr 12, 2017
Listed
$425,000
$69/sq ft
+25
6 full baths, new electric, plumbing and new roof. Open living dining and kitchen area, lots of closet and storage, and large enclosed yard, large open basement, tandem parking for about 6 cars, plus 11 separate garages. Great location easy access to Route 24 and 195 and or downtown Fall River. Absolute move in condition. /// 6 baños completos, nuevo eléctrico, fontanería, calefacción y nuevo techo. Comedor abierto y zona de cocina, un montón de más cercana y de almacenamiento, y gran patio cerrado, gran sótano abierto, estacionamiento en tándem para unos 6 coches, además de 11 garajes separados. Gran ubicación, fácil acceso a la Ruta 24 y 195 y el centro de Fall River. Movimiento absoluto en condición.
Year
Property tax
Land + Additions
Assessment*
2023
$7,048 (+13.9%)
$84,900 + $489,500
$574,400
2022
$6,190 (+8.9%)
$80,900 + $409,600
$490,500
2021
$5,686 (+16.0%)
$77,400 + $333,700
$411,100
2020
$4,900 (+8.0%)
$74,900 + $264,200
$339,100
2019
$4,539 (+1.2%)
$74,900 + $236,400
$311,300
2018
$4,484 (+5.8%)
$84,300 + $222,400
$306,700
2017
$4,239 (+3.8%)
$80,400 + $222,400
$302,800
2016
$4,084 (+4.2%)
$85,500 + $214,100
$299,600
2015
$3,919
$85,500 + $214,100
$299,600
2014
$3,921 (+3.0%)
$83,000 + $228,700
$311,700
2013
$3,807 (+6.1%)
$88,300 + $230,800
$319,100
2012
$3,589 (+7.3%)
$96,100 + $230,800
$326,900
2011
$3,344 (−12.9%)
$96,100 + $230,800
$326,900
2010
$3,839 (+16.5%)
$118,600 + $306,100
$424,700
2009
$3,296
$124,600 + $284,300
$408,900
Tax history for 49 Hamlet St
Year
Property tax
Land + Additions
Assessment*
2023
$7,048 (+13.9%)
$84,900 + $489,500
$574,400
2022
$6,190 (+8.9%)
$80,900 + $409,600
$490,500
2021
$5,686 (+16.0%)
$77,400 + $333,700
$411,100
2020
$4,900 (+8.0%)
$74,900 + $264,200
$339,100
2019
$4,539 (+1.2%)
$74,900 + $236,400
$311,300
2018
$4,484 (+5.8%)
$84,300 + $222,400
$306,700
2017
$4,239 (+3.8%)
$80,400 + $222,400
$302,800
2016
$4,084 (+4.2%)
$85,500 + $214,100
$299,600
2015
$3,919
$85,500 + $214,100
$299,600
2014
$3,921 (+3.0%)
$83,000 + $228,700
$311,700
2013
$3,807 (+6.1%)
$88,300 + $230,800
$319,100
2012
$3,589 (+7.3%)
$96,100 + $230,800
$326,900
2011
$3,344 (−12.9%)
$96,100 + $230,800
$326,900
2010
$3,839 (+16.5%)
$118,600 + $306,100
$424,700
2009
$3,296
$124,600 + $284,300
$408,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Interior Features: Laundry Room, Living Room, Dining Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #4 Information
# of Levels: 1
# of Floors: 2
Exterior
Building Information
Building Area (Total): 6,204
Foundation Area: 2,014
Foundation Details: Granite
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Fencing: Fenced/Enclosed, Fenced
Roof: Shingle
Exterior Features: Rain Gutters
Property Information
PropertySubType: 5-9 Family
Above Grade Finished Area: 6204
Levels: 5
Lot Information
Lot Size (Acres): 0.27
Lot Features: Corner Lot
ViewYN: Has View
View: City View(s), City
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $8,927
Tax Year: 2024
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Has Heating
Heating: Natural Gas, Space Heater
Location
School Information
Elementary School: Viveiros School
Middle Or Junior School: Kuss Middle
High School: Durfee High
Location Information
Directions: North on East Main Street to right on Hamlet Street
UnparsedAddress: 49 Hamlet St, Fall River MA 02724
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
Public facts
Beds: 18
Baths: 6.0
Sq. Ft.: 6,204
Stories: 3.0
Lot Size: 0.27 acres
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Bristol County
APN: 2826221
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
Exclusions: Owner And Tenants Personal Property.
StandardStatus: Closed
Around this home
Schools
Carlton M. Viveiros Elementary School
Public K-5 • Assigned • 0.7mi
4/10
Matthew J Kuss Middle School
Public 6-8 • Assigned • 0.8mi
2/10
B M C Durfee High School
Public 9-12 • Assigned • 2.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 72-80% chance 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 • 02724
Average low and high temperatures (°F)
35
24
37
25
49
35
58
44
67
53
78
63
82
68
79
63
74
60
64
50
54
41
41
29
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.