About 801 N Main St
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
Features of 801 N Main St
| MLS® # | 73507804 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 12 |
| Bathrooms | 9.00 |
| Full Baths | 9 |
| Square Footage | 6,414 |
| Acres | 0.16 |
| Year Built | 1882 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 801 N Main St |
|---|---|
| City | Fall River |
| County | Bristol |
| State | MA |
| Zip Code | 02720-3559 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | On Street |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Exterior Features | Balcony, Rain Gutters, Varies per Unit, Stone Wall |
|---|---|
| Lot Description | Sloped |
| Roof | Rubber, Asphalt/Composition Shingles |
| Construction | Brick, Stone, Block |
| Foundation | Concrete Perimeter, Block, Stone, Brick/Mortar, Other |
Additional Information
| Zoning | B-L |
|---|
Listing Details
| Agent | Donald Martone |
|---|---|
| Office | BOND BROKERAGE |