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 #: 73500576
- Swimming Pool:
- Above Ground
- Heating System:
- Forced Air, Space Heater, Natural Gas
- Cooling System:
- Window Unit(s)
- Parking:
- Off Street, Paved Drive
- Construction:
- Frame
- Exterior Unit Features:
- Decorative Lighting, Fruit Trees
- Flooring:
- Vinyl, Hardwood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- 200+ Amp Service
- Garage Parking
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
- Market Time:
- 63
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $257
- Zoning:
- CBD
- No Units:
- 5
- Orig Price:
- $865,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Fall River
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02721
- Longitude:
- W72° 50' 37.3''
- Latitude:
- N41° 41' 50''
Residential Income
155 Rodman St, Fall River, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $799,900
- View :
- City View(s),city
- Bedrooms :
- 6
- Rooms :
- 26
- Total Bathrooms :
- 4.5
- Full Bathrooms :
- 4
- Half Bathrooms :
- 1
- Square Footage :
- 3,115 Sqft
- Year Built :
- 1880
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73500571
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
