136 Lonsdale St
Fall River, MA 02721
- 15 beds
- 9 baths
- 5,478 sqft
- 5,000 sqft lot
- $76 per sqft
- 1900 build
- – on site
More homes
NOI is $40,068 and Cap Rate is 9.21%. The rental market is tight and vacancies fill quickly for a premium. At $72,500 a unit, this 6-unit building is being offered for an investor looking to add a cash flowing and well managed property to their portfolio. Current ownership purchased the property, stabilized and repaired it and brought in a top management team to manage the day to day operations. Current management company has over 400 units under management and is willing to continue working with the new owners to ensure a seamless transition. This represents an opportunity for a passive investor to purchase income producing property and remain “hands off.” Fall River has several economic factors to continue to support the current income (and future growth) at this property. Sale includes 6 Fridges/6 Stoves/6 Water Heaters. Contract with vendor for coin-op laundry for added income. See attached report for further complete breakdown of property.
Listing courtesy of MLSPIN
Last checked:
Checking…
•
Last updated Feb 19, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 72513418 —
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/6/24
Apr 6, 2024
|
Pending | MLSPIN | ||
4/1/24
Apr 1, 2024
|
Price Changed | MLSPIN | ||
3/25/24
Mar 25, 2024
|
Price Changed | MLSPIN |