381 Pine St

Fall River, MA 02720
Beds
7
Baths
6
Square Ft.
4,877
$899,900
Fantastic 6-Unit Investment Opportunity Near New MBTA Station & Historic District. With updated market rents this property could be producing $111,000 annually! Don't miss your chance to own this well-maintained and thoughtfully cared-for 6-unit multifamily property, ideally located just minutes from the new MBTA station, the Historic District, and Battleship… Read MoreRead Less
Courtesy of eXp Realty LLC, Esposito Group.
Listing Snapshot
Days Online
70
Last Updated
Property Type
5-9 Family
Beds
7
Full Baths
6
Square Ft.
4,877
Lot Size
0.15 Acres
Year Built
1900
MLS Number
73571132
Property Location Map
Additional Details
Property Access
Frontage Type: Public
Appliances & Equipment
Range, Refrigerator
Basement
Full, Unfinished
Building
Built in 1900, Year Built Details: Approximate, Living area: 4877, 5 stories, Levels: 5, Construction Materials: Frame
Community
Public Transportation, Shopping, Laundromat, Highway Access, T-Station
Cooling
Window Unit(s)
Disclosures
6th Unit on first floor, studio apartment, $800 rent. Studio has electric kicker for heat, 3rd floor has direct vent gas heat, all other units have gas furnaces for heat. Current rents are below market, long term tenants in place, all are month to month. Unit 4 is owner occupied.
Expenses
Electric: $240, Insurance: $4,800, Operating: $8,040, Water/Sewer: $3,000
Exterior Features
Patio/Porch Features: Deck - Wood, Balcony/Deck
Floors
Wood, Tile, Hardwood
Foundation
Stone
Heating
Electric, Hot Water, Natural Gas, Baseboard
Income
Gross Income: $111,000, Net Operating Income: $102,960
Interior Features
Ceiling Fan(s), Storage, Studio, Bathroom With Tub & Shower, Walk-In Closet(s), Remodeled, Kitchen, Living Room
Lot
0.15 acres, Cleared
Parking
10 open parking spaces, 10 total parking spaces, Paved Drive, Off Street
Property
Farm Land area units: Square Feet
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: M:000N B:0008 L:0070,3425201, Annual Amount: $6,671, Assessed Value: $581,100, Tax Book Number: 5650, Year: 2026, Zoning: N/A
Utilities
Varies per Unit, Water Source: Public, Individually Metered
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Todd J. Denman
Founder & Principal REALTOR®
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