Brought to you by: Ron & Dawn Rusin - RE/MAX Right Choice
(508) 677-3629   (508) 674-8333
Website: http://www.rightchoiceinrealestate.com
Email: dawnrusin@remax.net
 

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95-105 High & 189 Franklin
Fall River, MA. 02720

Bristol County
Directions: Gps Works Best

MLS # 72677108 - Under Agreement
Multi-Family 5-9 Family    

List Price $995,000 Days on Market  
List Date   # Units 23
Sale Price   # Floors  
Sold Date   Rooms 6
Assessed Value $950,200 Bedrooms 25
Gross Living Area 12,190SF Full Baths 23
Lot Size 5,401SF Half Baths 0
Taxes $14,333.78 Fireplaces  
Tax Year 2020 Basement Yes
Zoning A-3 Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 8
    Garage Spaces 0

Remarks:

An investors delight! 23 apartment units in 3 adjacent properties. Owned & managed by same family for years. The apartments consist of a variety of studio, 1 and 2 bedroom apartments plus 2 units that are currently used by owners as offices but can easily be converted back to apartments. Maintenance free exterior with many recent upgrades; long term tenants. Convenient location w/access to bus line & other area amenities; walking distance to the upcoming new train station. Potential for additional off street parking. Current rents are under market, tons of potential with this money maker!

Features
Amenities   Public
   Transportation,
   Shopping, Park, Medical
   Facility, Laundromat,
   Highway Access, House of
   Worship, Private School,
    Public School
Basement   Full, Walk
   Out, Interior Access,
   Bulkhead, Dirt Floor,
   Concrete Floor,
   Unfinished Basement
Construction   Frame
Electricity   Circuit
   Breakers, 100 Amps, 200
   Amps, Varies per Unit
Energy   Varies per Unit
Exterior   Vinyl
Exterior Feat.   Gutters,
   Varies per Unit
Flooring   Wall to Wall
   Carpet, Varies Per Unit
Foundation   Granite
Heating Zones   23
Hot Water   Natural Gas,
   Tank, Leased Heater,
   Varies Per Unit
Lead Paint   Unknown
Lot   Corner, Paved Drive
Parking   Off-Street,
   Assigned, Paved
   Driveway, Unpaved
   Driveway
Road   Public, Paved,
   Publicly Maint.,
   Sidewalk
Roof   Asphalt/Fiberglass
   Shingles, Rubber
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range
Units
Unit 1 Bedrooms: 1; Floor: 2; Full Baths: 1; Lease: No; Levels: 1; Rent: 650; Rent Includes: Heat,
     Electric; Rooms: 3
Unit 2 Appliances: Range, Refrigerator; Bedrooms: 1; Floor: 1; Full Baths: 1; Heating: Gas, Unit Control,
     Space Heater; Lease: No; Levels: 1; Rent: 700; Rent Includes: Heat, Electric, Water, Hot Water;
     Rooms: 3
Financial Info
Expenses Source  
   Estimated, Owner
   Provided
Expenses Year End   12/19 Gross Oper. Income  
   $16,200
Net Oper. Income   $16,200
Additional Information
APOD Available?   Yes
Anticipated Sale Date  
   08/28/2020
Deed   Book: 971, Page:
   27
Disclosures   Licensed MA
   & FL Real Estate Broker
   has ownership interest.
   2 hot water tanks leased.
   Buyer to do their own due
   diligence. Proof of
   cash/line of credit
   required prior to
   scheduled showings.
Exclusions   Audio/video
   equipment on premises not
   conveyed with sale. 2 hot
   water tanks leased.
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   Living area as per public
   record. Buyers & their
   agents to do due
   diligence
Off Market Date   7/8/20
Seller Disclosure Doc  
   Yes
Short Sale   No
Year Built Desc.  
   Approximate, Renovated
   Since
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 7/8/20 2:05pm

Courtesy: MLSPIN

Listing Office: RE/MAX Right Choice Listing Agent: Genevieve Pappas


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