About 229 Tripp Street
Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
Features of 229 Tripp Street
| MLS® # | 73565049 |
|---|---|
| Price | $975,000 |
| Bedrooms | 12 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 4,968 |
| Acres | 0.14 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 229 Tripp Street |
|---|---|
| City | Fall River |
| County | Bristol |
| State | MA |
| Zip Code | 02724 |
Amenities
| Utilities | for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup |
|---|---|
| Parking Spaces | 6 |
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Natural Gas |
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Windows | Storm Window(s) |
| Roof | Shingle |
| Construction | Frame |
| Foundation | Block |
School Information
| Middle | Kuss Middle School |
|---|---|
| High | Durfee/Diman |
Additional Information
| Zoning | IND |
|---|
Listing Details
| Agent | Mario Pereira |
|---|---|
| Office | eXp Realty LLC |