Fall River, MA 02720,159 Cherry St
Fall River, MA 02720,159 Cherry St
Fall River, MA 02720,159 Cherry St
Fall River, MA 02720,159 Cherry St
Fall River, MA 02720,159 Cherry St
Fall River, MA 02720,159 Cherry St
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$1,025,000

$1,025,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

7 Baths

6,720 SqFt


SOLD DATE : 09/30/2024

Key Details

Sold Price $1,025,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,720 sqft

Price per Sqft $152

MLS Listing ID 73259991

Sold Date 09/30/24

Bedrooms 6

Full Baths 6

Half Baths 2

Year Built 1875

Annual Tax Amount $11,373

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future

Location

State MA

County Bristol

Zoning B

Direction Corner property at the intersection of Durfee St and Cherry St.

Interior

Flooring Vinyl

Exterior

Garage Spaces 2.0

Community Features Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station

Utilities Available for Gas Range

Waterfront true

Waterfront Description Waterfront,River

View Y/N Yes

View Scenic View(s)

Roof Type Shingle

Total Parking Spaces 4

Garage Yes

Building

Lot Description Corner Lot

Story 9

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by www.HomeZu.com
Bought with Austin Robichaud • Fortified Realty Group
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 501-2547

austin@oceanview-realestate.com

8 Elm St, Newton, Hampshire, 03858, United States

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