Three-unit investment property with massive 1,770 sq ft barn/workshop in Fall River's Corky Row District. Total: 3,721 sq ft residential plus detached structure on 8,788 sq ft lot. First floor: 3BR/2BA, 1,376 sq ft, hardwood floors, updated kitchen, in-unit laundry, occupied. Second floor: 4BR/2BA, 1,376 sq ft, two full baths, occupied. Third floor: 4BR/1BA, 969 sq ft, vacant, rent-ready. Individual basement laundry with dedicated electrical. Strong rental market supports $2,500/unit plus $1,000 garage = $102,000 annual income. Tenants month-to-month without leases means immediate rent optimization or owner-occupy opportunity. Professionally converted from 5-family to spacious 3-family in 2019. Security cameras, commercial door closers, motion LED lighting, upgraded water pressure, new 2020 roof, separate utilities, on-demand heat/hot water, granite foundation, 200-amp service. Ten parking spaces. Near Kennedy Park, shopping & transit. Perfect for portfolio growth or live-in investor.
Multi-familyProperty Type
1888Year Built
8,788 sq ftLot Size
$222Est. Price/Sq.Ft.
1 garage spacesParking
Listed by John Long• HomeSmart Professionals Real Estate
Bought with Traci Almeida• Hartford Homes Realty LLC
This Large 3 family investment property is a Great Cash Flow Property! There are currently 3 very large 3 bedroom apartments on each floor and all units have not one but TWO full bathrooms! The top 2 units more than cover the mortgage and first floor apartment has a tenant that is currently moving out and being cleaned up for the new owner or to be rented to cash-flow! The property also has a large 2 stall garage with a loft above it that has a ton of opportunity and is currently being rented by the tenant on the second floor for $200 per month. This is a great opportunity for someone who is looking to start investing in real estate on the north end of the city with highway access less than a minute away!
Public Records
Sep 29, 2009
Sold
$287,000
$77/sq ft
MLS PIN #60622444
Dec 7, 2001
Sold
$170,000
$46/sq ft
Aug 23, 2000
Listed
$189,900
$51/sq ft
OVERSIZED 5 FAMILY LARGE OWNERS APARTMENT ON THE FIRST FLOOR READY FOR OWNER OCCUPANCY LARGE CARRAGE HOUSE CONVERTED TO GARAGES IDEAL FOR HOME OFFICE OR BUSSINESS CALL FOR MORE INF ORMATION
Year
Property tax
Land + Additions
Assessment*
2023
$4,953 (+11.1%)
$88,300 + $315,400
$403,700
2022
$4,460 (+4.8%)
$84,100 + $269,300
$353,400
2021
$4,255 (+12.3%)
$80,000 + $227,700
$307,700
2020
$3,789 (+20.3%)
$78,800 + $183,400
$262,200
2019
$3,149 (−8.6%)
$75,900 + $140,100
$216,000
2018
$3,447 (+6.1%)
$82,200 + $153,600
$235,800
2017
$3,248 (+2.9%)
$78,400 + $153,600
$232,000
2016
$3,157 (+4.2%)
$83,400 + $148,200
$231,600
2015
$3,029 (+1.0%)
$83,400 + $148,200
$231,600
2014
$3,000 (+2.6%)
$80,900 + $157,600
$238,500
2013
$2,924 (+2.8%)
$86,100 + $159,000
$245,100
2012
$2,843 (+7.3%)
$93,700 + $165,200
$258,900
2011
$2,649 (−1.7%)
$93,700 + $165,200
$258,900
2010
$2,696 (+15.7%)
$115,600 + $182,600
$298,200
2009
$2,331
$121,500 + $167,700
$289,200
Tax history for 709 Second St
Year
Property tax
Land + Additions
Assessment*
2023
$4,953 (+11.1%)
$88,300 + $315,400
$403,700
2022
$4,460 (+4.8%)
$84,100 + $269,300
$353,400
2021
$4,255 (+12.3%)
$80,000 + $227,700
$307,700
2020
$3,789 (+20.3%)
$78,800 + $183,400
$262,200
2019
$3,149 (−8.6%)
$75,900 + $140,100
$216,000
2018
$3,447 (+6.1%)
$82,200 + $153,600
$235,800
2017
$3,248 (+2.9%)
$78,400 + $153,600
$232,000
2016
$3,157 (+4.2%)
$83,400 + $148,200
$231,600
2015
$3,029 (+1.0%)
$83,400 + $148,200
$231,600
2014
$3,000 (+2.6%)
$80,900 + $157,600
$238,500
2013
$2,924 (+2.8%)
$86,100 + $159,000
$245,100
2012
$2,843 (+7.3%)
$93,700 + $165,200
$258,900
2011
$2,649 (−1.7%)
$93,700 + $165,200
$258,900
2010
$2,696 (+15.7%)
$115,600 + $182,600
$298,200
2009
$2,331
$121,500 + $167,700
$289,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Interior Features: Ceiling Fan(s), Internet Available - Broadband, High Speed Internet, Bathroom With Tub, Bathroom With Tub & Shower, Remodeled, Kitchen, Laundry Room, Living RM/Dining RM Combo, Mudroom
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: 2
Exterior
Building Information
Building Area (Total): 3,721
Foundation Area: 1,248
Foundation Details: Granite
Construction Materials: Conventional (2x4-2x6)
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Fencing: Fenced/Enclosed, Fenced
Roof: Shingle
Patio And Porch Features: Porch, Enclosed, Covered