801 N Main StFall River, MA 02720
Bristol County
Description
799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River’s most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collect
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1882
- Stories
- 3
- Living area
- 6,414 Sq Ft
- Lot size
- 0.16 acres
- Garage spaces
- 1
- Parking spaces
- 1
- Zoning
- B-L
- Days on market
- 168
- MLS® Listing#
- 73507804
Property Features
- Exterior
- Balcony · Rain Gutters
- Appliances
- Gas Water Heater
- Flooring
- Tile · Vinyl
- Basement
- Walk-Out Access · Interior Entry
- Parking
- On Street
- Patio
- Porch · Covered
- Fencing
- Stone
- Lot features
- Sloped
- Construction
- Brick · Stone · Block
- Foundation
- Concrete Perimeter · Block · Stone · Brick/Mortar · Other
- Roof
- Rubber · Asphalt
- Community
- Park · Other · Sidewalks
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $6,904Tax year 2025
- Assessed value
- $449,000
- Parcel number
- M:0O10 B:0000 L:0012,2834044
Directions
Accessible from I-95 N and I-195 E
Listing Courtesy: BOND BROKERAGE - 4015331021
Presented by: Donald Martone
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