199 Franklin St, Fall River, MA 02720
- $634,974
- 9
- BD
- 3
- BA
- 3,115
- SqFt
- List Price
- $634,974
- Price Change
- ▼ $5,025 1785196845
- Status
- CONTINGENT
- MLS#
- 73539673
- Bedrooms
- 9
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,115
- Lot Size (Acres)
- 0.11
- Year Built
- 1900
Property Description
Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River's rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.
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Additional Information
- Taxes
- $5,929
- Parking Description
- Paved Drive, Off Street, Paved
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Mission Impossible Team from Listing Office: United Brokers.
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