Pending
Under Agreement
159 Cherry St
Fall River MA, 02720
$1,025,000
$152.53 per sqft
Pending
Under Agreement
6 Beds
8 Baths
6,720 sqft
Multi-family
Built in 1875
Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future
73259991
MLSⓇ ID
July 3, 2024
Listed
August 23, 2024
Updated
Map
159 Cherry St
Fall River MA, 02720
Interior Features
Total Stories
9
Bedrooms
6
Total Bathrooms
8
Full Bathrooms
6
Half Bathrooms
2
Floor Description
Vinyl
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.12 Acres
Lot Features
Corner Lot
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$11,373
Tax Frequency
Annually
Days on Market
37
Garage
Yes
Garage Spaces
2
Parking
Paved Drive, Off Street, Paved
Parking Total
4
View
Yes
View Description
Scenic View(s)
County
Bristol
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
B
Listing History
Date | Event | Price |
---|---|---|
8/9/2024 | Pending | — |
7/26/2024 | Under contract | — |
7/18/2024 | Price change | $1,025,000 -3% |
Courtesy of Jason Saphire,
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Data last updated 9:58 AM UTC, 8/23/2024