Water Views - Seller Financing
Address
568 N Main St, Fall River, MA
Price
$ 575,000
Property Attributes
- MLS#73232025
- TypeCommercial
- CountyBRISTOL
- CityFall River
- Zip02720
- StyleCommercial
- Year Built1900
- Taxes$ 3018
- Price$ 575,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4516
- Lot Size4,792 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Experience the ultimate investment opportunity with this versatile mixed-use very large unfinished 3rd. floor that could be another unit or made into a loft with water view .. this property offers endless possibilities.Investors, take note! Owner financing is available, allowing you to leverage the rental income to help pay the mortgage and live comfortably while enjoying a remarkable return on investment. With below-market rents and all units currently occupied, this property presents an attractive 8% potential cap rate based on current market rents (currently $1,100, $850, $700, and $700).Ideally situated mere minutes from the upcoming train station, reliable transit connections between Southeastern Massachusetts and Boston will be at your doorstep. Additionally, this prime location offers convenient access to highways, shopping, restaurants, and entertainment venues, ensuring a high-demand rental market.
| Price History | |
|---|---|
| 5/2/2024 | Listed $575,000 |
General Features
| Zoning | B-B |
|---|---|
| Year Built | 1900 |
| Tax Year | 2023 |
| Business Type | Commercial |
| County | Bristol |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | please use GPS |
| City | Fall River |
| Disclosures | Legal address: 568-574 North Main St. Fall River,Ma. 02720 |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| Lot Size Square Feet | 4726 |
| Waterfront Y/N | No |
| Street Name | N Main St |
| Tax Annual Amount | 3018.42 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
Exterior Features
| Total Parking | 3 |
|---|---|
| Lot Size Area | 0.11 |
| Building Area Total | 4516 |
| Lot Size Acres | 0.11 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02720
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
