For Sale
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Presenting an exceptional multi-family property at 170 Locust, Fall River, MA, meticulously constructed in 1991. This expansive 6,759 square foot residence, in a ready-to-move-in condition, offers a compelling opportunity for discerning investors or those seeking a substantial primary residence with income potential. The property encompasses a remarkable sixteen bedrooms, providing extensive accommodation options. Each of these spaces offers versatility, suitable for private living quarters, home offices, or dedicated recreational areas, catering to a diverse range of needs. These facilities ensure comfort and convenience for all occupants, reflecting a design focused on practical living. Across its three distinct stories, the property provides a well-defined separation of spaces, enhancing privacy and functionality. This vertical distribution allows for varied living arrangements and maximizes the utilization of the generous 4,029 square foot lot. Stunning sunsets and Waterview's from the decks and private balconies. Less than a mile from the revitalized up and coming Boardwalk waterfront district and only a half mile from the new train station. Endless possibilities with this property. This inviting home represents a significant real estate opportunity, meriting a detailed personal viewing to fully appreciate its scale and potential. Seller to install brand new roof prior to closing.
Disclosures: Market rent between 2500-3000. Solid cap rate of about 7-8% at market rents. Seller is licensed real estate agent. Buyer/agent to verify all information. All tenants are long standing tenants all of which are TAWs.
Directions: N main to Locust
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