Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
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Zillow last checked:
Listing updated:
Listed by:
Mario Pereira508-951-6600,
eXp Realty LLC888-854-7493
Source: MLS PIN,MLS#: 73565049
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6
Heating
Natural Gas
Appliances
Included: Range, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup
Features
Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen
Flooring: Vinyl, Carpet
Windows: Storm Window(s)
Basement: Full
Has fireplace: No
Interior area
Total structure area: 4,968
Total interior livable area: 4,968 sqft
Finished area above ground: 4,968
Finished area below ground: 1,656
Property
Parking
Total spaces: 6
Parking features: Off Street
Uncovered spaces: 6
Features
Patio & porch: Porch
Fencing: Fenced
Lot
Size: 5,985 Square Feet
Features: Corner Lot
Details
Parcel number: 2821398
Zoning: IND
Construction
Type & style
Home type: MultiFamily
Property subtype: 5-9 Family
Materials
Frame
Foundation: Block
Roof: Shingle
Condition
Year built: 1900
Utilities & green energy
Electric: 110 Volts
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Community & HOA
Community
Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School