Two multi-family buildings for a total of 7 Units! Excellent investment property with a great ROI! This listing is for a large 4 family and 3 family that share one lot and are both fully occupied with long term tenants.The 4 family features large units with a lot of bedrooms, while the 3 family has three nicely remodeled 3 bedroom units and has been fully de-leaded. Both buildings have new roofs and there are three off street parking spaces on the property. Owner has records of improvements, expenses and income. Tenants pay separate utilities. Great cash flow! (Unit 5 under “Unit Descriptions” is one floor of the 3 family, other units in that building will be of a similar layout)
HUGE PRICE DROP on these units that have been owned by same owners for over 45 years!! LOW EXPENSES because all tenants pay their own utilities. 2 BUILDINGS!! HUGE MONEY MAKER investment property!! These figures work. GREAT CAP RATE. 2 Houses on 1 lot for a total of 7 Total units!! Currently at full occupancy. Front house is a large 4 family unit & rear house is a large 3 family unit. BIG apartments in front house. Lots of room & lots of bedrooms! Maintenance free exterior. Updated electrical in both houses. All units are in average-good condition. Freshly painted stairwells & hallways. Updated kitchen & baths plus all separate utilities. INCOME & EXPENSE SUMMARY ON HAND TO E-MAIL.
Year
Property tax
Land + Additions
Assessment*
2023
$7,791 (+14.6%)
$80,400 + $554,600
$635,000
2022
$6,801 (+10.7%)
$76,500 + $462,400
$538,900
2021
$6,143 (+15.8%)
$73,300 + $370,900
$444,200
2020
$5,306 (+32.3%)
$70,900 + $296,300
$367,200
2019
$4,012 (+1.0%)
$70,900 + $204,300
$275,200
2018
$3,974 (+4.4%)
$75,100 + $196,700
$271,800
2017
$3,805 (−0.8%)
$75,100 + $196,700
$271,800
2016
$3,837 (+5.5%)
$91,800 + $189,700
$281,500
2015
$3,636 (−5.1%)
$88,300 + $189,700
$278,000
2014
$3,833 (+3.8%)
$98,100 + $206,600
$304,700
2013
$3,692 (+8.0%)
$100,100 + $209,400
$309,500
2012
$3,419 (+7.3%)
$99,200 + $212,200
$311,400
2011
$3,186 (−6.8%)
$99,200 + $212,200
$311,400
2010
$3,420 (+1.7%)
$106,600 + $271,700
$378,300
2009
$3,363
$109,400 + $307,800
$417,200
Tax history for 522-526 Fourth St
Year
Property tax
Land + Additions
Assessment*
2023
$7,791 (+14.6%)
$80,400 + $554,600
$635,000
2022
$6,801 (+10.7%)
$76,500 + $462,400
$538,900
2021
$6,143 (+15.8%)
$73,300 + $370,900
$444,200
2020
$5,306 (+32.3%)
$70,900 + $296,300
$367,200
2019
$4,012 (+1.0%)
$70,900 + $204,300
$275,200
2018
$3,974 (+4.4%)
$75,100 + $196,700
$271,800
2017
$3,805 (−0.8%)
$75,100 + $196,700
$271,800
2016
$3,837 (+5.5%)
$91,800 + $189,700
$281,500
2015
$3,636 (−5.1%)
$88,300 + $189,700
$278,000
2014
$3,833 (+3.8%)
$98,100 + $206,600
$304,700
2013
$3,692 (+8.0%)
$100,100 + $209,400
$309,500
2012
$3,419 (+7.3%)
$99,200 + $212,200
$311,400
2011
$3,186 (−6.8%)
$99,200 + $212,200
$311,400
2010
$3,420 (+1.7%)
$106,600 + $271,700
$378,300
2009
$3,363
$109,400 + $307,800
$417,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Bristol County
APN
2828201
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 7
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 45
Interior Features: Remodeled, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Exterior
Building Information
Building Area (Total): 5,000
Foundation Details: Concrete Perimeter, Block
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Yes
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.12
Financial
Tax Information
Tax Annual Amount: $3,805
Tax Year: 2017
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Natural Gas, Space Heater
Location
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 3
Location Information
Directions: Off of Plymouth Ave, Rt 81.
UnparsedAddress: 522-526 Fourth St, Fall River MA 02721
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Highway Access
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5,227 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Bristol County
APN: 2828201
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Places
Transit
Henry Lord Community School
Public K-8 • Assigned • 1.6mi
4/10
B M C Durfee High School
Public 9-12 • Assigned • 2.0mi
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 • 02721
Average low and high temperatures (°F)
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49
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68
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74
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64
50
54
40
41
28
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May
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Sun exposure
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