155 Rodman St, Fall River, MA 02721
- $799,900
- 5
- BA
- 3,728
- SqFt
- List Price
- $799,900
- Price Change
- ▼ $65,100 1778283024
- Status
- ACTIVE
- MLS#
- 73500576
- Bathrooms
- 5
- Living Area
- 3,728
- Lot Size (Acres)
- 0.09
- Year Built
- 1880
Property Description
One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner Please see MLS #: 73500571
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Additional Information
- Taxes
- $3,534
Mortgage Calculator
Listing courtesy of Listing Agent: Gilded Girls Group from Listing Office: Beach Homes Realty, LLC.
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