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Sold

186 John St

186 John St, Fall River, MA 02721

$1,200,000
Prime Investment Opportunity Income-Producing Property in Rapidly Growing City. This is a seasoned investors dream.Turnkey asset ideal for investors, REITs, or 1031 exchange.Add this beauty to your portfolio, it most certainly will not disappoint!Strategic location near transit, downtown, and areas greatest landmarks. This building is immaculate!Property offers curb appeal, parking and boasts modern and tastefully remodeled units.Recently painted dormers.Newer sprinkler system and roof.Blow-in in attic insulation(2020) Newer water heaters, windows. Clean and bright laundry room with 2 coin op washers and 2 coin op dryers making this building attractive to the everyday tenant looking for convenience.Two Additional units in lower level adding to rental income. High occupancy rates with established tenants some long term tenants and all tenants are current. Buildings annual gross is a little over 140k with potential to be increased. Full financials, rent roll and showings available.

15
beds

8
baths

8,298 Sq.Ft. LIVING AREA

4,970 Sq.Ft. lot

Sophie Shea

Sophie Shea

Features & Amenities

Interior

  • total bedrooms15
  • Total bathrooms8
  • full bathrooms8
  • Flooring Wood, Plywood, Vinyl, Carpet, Varies, Hardwood
  • APPLIANCES Range, Refrigerator

Area & Lot

  • Status Sold
  • Living Area8,298 Sq.Ft.
  • Total Area8,298 Sq.Ft.
  • Lot Area4,970 Sq.Ft.
  • MLS® ID73381917
  • TypeMulti-Family
  • YEAR BUILT1900

Exterior

  • STORIES5
  • water SourcePublic
  • utilitiesfor Gas Range, for Gas Oven
  • roofShingle
  • lot featuresCorner Lot
  • parkingOff Street, Paved
  • sewerPublic Sewer
  • SubstructureStone
  • other exterior FeaturesRain Gutters, Sprinkler System

Financial

  • Sales Price$1,200,000
  • Real Estate Tax $10,122/yr
  • Zoning A-2

Work With Us

Tracy, Sophie and John are dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact them today to start your home-searching journey!

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