Sought-After Six Unit don't miss out on this great investment opportunity. This 6 unit property is fully occupied with good tenant history and has excellent cash flow. 4 - 2 bedroom units & 2 - 1 bedroom unit. Don't miss this opportunity
Multi-familyProperty Type
1900Year Built
3,421 sq ftLot Size
$105Price/Sq.Ft.
Listed by Kevin Teves• Weichert, REALTORS® - SBA Group
Bought with Bethany Ramos• Century 21 Signature Properties
Unit 5 is currently vacant until 4/1/19 with a 12 month lease at $850 per month. Unit 6 is currently vacant until 4/1/19 with a 12 month lease at $850 per month.
MLS PIN #72081756
Mar 13, 2017
Sold
$242,500
$57/sq ft
Nov 2, 2016
Pending
—
Oct 14, 2016
Listed
$250,000
$58/sq ft
+4
Great opportunity for a new or savy investor! 6 unit property with 1 and 2 bedroom units, fully occupied! Features new roof, all flooring has been redone, units have been completely renovated, new electrical services throughout the building. All utilities are paid by tenants. Great location with easy access to all major highways. Great cap rate on this property, registering at 10%. 5% upside to rental numbers. This property is a cash flow machine. Don't miss out on this fantastic investment property.
MLS PIN #60010979
Feb 22, 1996
Sold
$148,000
$35/sq ft
Nov 10, 1994
Listed
$149,900
$35/sq ft
Public Records
Aug 14, 1995
Sold
$148,000
$35/sq ft
Public Records
Jun 28, 1995
Sold
$134,000
$31/sq ft
Public Records
Mar 1, 1990
Sold
$450,000
$105/sq ft
Public Records
Mar 1, 1990
Sold
$90,000
$21/sq ft
Public Records
Nov 21, 1989
Sold
$2,400,000
$560/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,631 (+14.1%)
$84,200 + $374,700
$458,900
2022
$4,933 (+9.4%)
$80,200 + $310,700
$390,900
2021
$4,510 (+7.3%)
$76,300 + $249,800
$326,100
2020
$4,204 (+22.1%)
$75,200 + $215,700
$290,900
2019
$3,442 (+4.4%)
$72,400 + $163,700
$236,100
2018
$3,298 (+6.1%)
$78,400 + $147,200
$225,600
2017
$3,108 (+3.3%)
$74,800 + $147,200
$222,000
2016
$3,010 (+4.2%)
$79,600 + $141,200
$220,800
2015
$2,888 (+0.3%)
$79,600 + $141,200
$220,800
2014
$2,880 (+2.6%)
$77,200 + $151,700
$228,900
2013
$2,807 (+11.4%)
$82,100 + $153,200
$235,300
2012
$2,520 (+7.3%)
$89,400 + $140,100
$229,500
2011
$2,348 (−12.4%)
$89,400 + $140,100
$229,500
2010
$2,680 (+3.3%)
$110,300 + $186,200
$296,500
2009
$2,594
$115,900 + $205,900
$321,800
Tax history for 662 2nd St
Year
Property tax
Land + Additions
Assessment*
2023
$5,631 (+14.1%)
$84,200 + $374,700
$458,900
2022
$4,933 (+9.4%)
$80,200 + $310,700
$390,900
2021
$4,510 (+7.3%)
$76,300 + $249,800
$326,100
2020
$4,204 (+22.1%)
$75,200 + $215,700
$290,900
2019
$3,442 (+4.4%)
$72,400 + $163,700
$236,100
2018
$3,298 (+6.1%)
$78,400 + $147,200
$225,600
2017
$3,108 (+3.3%)
$74,800 + $147,200
$222,000
2016
$3,010 (+4.2%)
$79,600 + $141,200
$220,800
2015
$2,888 (+0.3%)
$79,600 + $141,200
$220,800
2014
$2,880 (+2.6%)
$77,200 + $151,700
$228,900
2013
$2,807 (+11.4%)
$82,100 + $153,200
$235,300
2012
$2,520 (+7.3%)
$89,400 + $140,100
$229,500
2011
$2,348 (−12.4%)
$89,400 + $140,100
$229,500
2010
$2,680 (+3.3%)
$110,300 + $186,200
$296,500
2009
$2,594
$115,900 + $205,900
$321,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
8
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Sq. Ft.
4,284
Year built
1900
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2828165
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 6
Basement Information
Basement: Full, Unfinished
Interior Features
# of Rooms (Total): 23
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: 3
Lease: N
Unit #4 Information
# of Levels: 1
# of Floors: 1
Lease: N
Exterior
Building Information
Building Area (Total): 4,284
Foundation Details: Stone
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Approximate
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.08
Lot Features: Easements
Financial
Tax Information
Tax Annual Amount: $4,204
Tax Year: 2020
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating Units: 6
Location
Location Information
Directions: Use Google Maps
UnparsedAddress: 662 2nd St, Fall River MA 02721
Community Information
Senior CommunityYN: No
Public facts
Beds: 8
Baths: 6.0
Sq. Ft.: 4,284
Stories: 3.0
Lot Size: 3,485 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Bristol County
APN: 2828165
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Henry Lord Community School
Public K-8 • Assigned • 1.5mi
4/10
B M C Durfee High School
Public 9-12 • Assigned • 2.1mi
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)
35
23
37
24
49
34
58
43
67
53
79
63
82
67
79
62
74
59
64
50
54
40
41
28
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.