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

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