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 #: 73500571
Features of 155 Rodman St
| MLS® # | 73500576 |
|---|---|
| Price | $699,000 |
| Square Footage | 3,728 |
| Acres | 0.09 |
| Year Built | 1880 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 155 Rodman St |
|---|---|
| City | Fall River |
| County | Bristol |
| State | MA |
| Zip Code | 02721-2831 |
Amenities
| Utilities | Public Water, Public Sewer |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | CBD |
|---|
Listing Details
| Agent | Gilded Girls Group |
|---|---|
| Office | Beach Homes Realty, LLC |