Cash-flowing 5-unit multifamily with strong rental history. There is additional value-add opportunity with the potential to convert the first floor into two units, increasing overall rental income. Projected cap rate exceeds 9% once current vacancy is filled. The property consists of four 2-bedroom units and one 3-bedroom unit. Three units have been fully renovated with updated electrical, plumbing, and efficient forced air systems—minimizing near-term capital expenditures. Separate utilities with tenants paying their own expenses. Basement storage provides additional income potential. Maintenance-free vinyl siding for ease of ownership. Ideal for investors seeking immediate cash flow with upside through lease-up and future income growth. Owner financing available; terms to be negotiated.
- Heating System:
- Forced Air, Space Heater, Baseboard, Natural Gas
- Cooling System:
- No
- Basement:
- Full, Unfinished
- Appliances:
- Range, Microwave, Refrigerator
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- perks & permitting for what they want. Street numbers are given just to help locate the land., Sellers would like end of September closing if possible! Pellet Stove Negotiable! Seller offering 1-Year Home Warranty! Ask for details!, Seller will not entertain minor repair requests or monetary compensation for such. Some photos have been digitally staged. sqft incl. guesthouse
- Electric Feature:
- 100 Amp Service
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Living Room, Laundry Room
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup
- Rent Fee Includes:
- Unit 2(water), Unit 3(water), Unit 4(water), Unit 1(Water, None)
- Market Time:
- 59
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $251
- Zoning:
- G
- No Units:
- 5
- Orig Price:
- $925,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Fall River
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02723
- Longitude:
- W72° 51' 46.1''
- Latitude:
- N41° 41' 41.6''
Residential Income
173 County St, Fall River, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $925,000
- Bedrooms :
- 11
- Rooms :
- 27
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 3,589 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73489878
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
