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Roults Jean-Francois

jeanfrancoisgroupmgt@gmail.com +1(401) 316-9458

$ 1,200,000

Est. payment -/mo

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801 N Main ST Fall River, MA 02720

12 Beds

9 Baths

8,766 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,766 sqft

Price per Sqft $136

MLS Listing ID 1410407

Style Stacked,Side By Side

Bedrooms 12

Full Baths 9

HOA Y/N No

Abv Grd Liv Area 8,766

Year Built 1882

Tax Year 2026

Lot Size 7,113 Sqft

Acres 0.1633

Property Sub-Type Multi Family

Property Description

799 809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River's most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collections, the asset offers immediate upside through lease-up and rent alignment. Recent Navien high-efficiency boiler systems reduce future capital expenditure and improve operational efficiency, making this a true plug-and-play investment with stable cash flow and defined upside.

Location

State MA

County Bristolma

Zoning BL

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Heating Central, Gas

Cooling Central Air

Flooring Ceramic Tile, Laminate, Other

Inclusions 799-809 North Main Street Fall River, MA 02720 - Tenants pay for gas and electric. Owner pays water, sewer and trash.

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Balcony, Deck

Parking Features Attached

Garage Spaces 1.0

Community Features Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Waterfront Description River Front

View Y/N Yes

View Saltwater, Water

Porch Balcony, Deck

Total Parking Spaces 1

Garage Yes

Building

Sewer Connected

Water Connected

Architectural Style Stacked, Side By Side

New Construction No

Others

Senior Community No

Tax ID 801MAINSTFRIV

Virtual Tour https://tour.RiLiving.com/801-N-Main-Street-Fall-River-MA-02720

Listed by Bond Brokerage

NEARBY SCHOOLS & PROPERTIES

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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