About 155 Rodman St
One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner. Please see MLS #: 73500576
Features of 155 Rodman St
| MLS® # | 73500571 |
|---|---|
| Price | $699,000 |
| Bedrooms | 6 |
| Bathrooms | 4.50 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 3,115 |
| Acres | 0.09 |
| Year Built | 1880 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 155 Rodman St |
|---|---|
| City | Fall River |
| County | Bristol |
| State | MA |
| Zip Code | 02721-2831 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Paved Drive, Off Street |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Above Ground |
Interior
| Heating | Forced Air, Natural Gas, Space Heater |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 7 |
| Stories | 7 |
Exterior
| Exterior Features | Decorative Lighting, Fruit Trees |
|---|---|
| Roof | Shingle |
| Construction | Frame |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | CBD |
|---|
Listing Details
| Agent | Gilded Girls Group |
|---|---|
| Office | Beach Homes Realty, LLC |