Fall River, MA 02724,621-631 King Philip St
Fall River, MA 02724,621-631 King Philip St
Fall River, MA 02724,621-631 King Philip St
42
$1,350,000
$1,390,000
2.9%
Est.Price: ?

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16 BD
11 BA
7,600 SqFt

621-631 King Philip St Fall River, MA 02724

Est. payment /mo
SOLD DATE : 08/05/2022

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Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 7,600 sqft

Price per Sqft $177

MLS Listing ID 72982701

Sold Date 08/05/22

Bedrooms 16

Full Baths 11

Year Built 1900

Annual Tax Amount $8,264

Tax Year 2022

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Invest in Fall River! With not just one, but TWO professionally managed houses on ONE lot, these are RARE - 11 UNITS. Protect your investment and keep the current management team in place. The recently renovated 621 King Philip St is a five unit building with four 1 bed/1 bath units and a 2 bed/1 bath “townhouse” style apartment. Completely updated from top to bottom, these units feel fresh and airy from every angle. On the left, 631 King Philip St is a six unit building with four 2 bed/1 bath units and two 1 bed/1 bath units inside. In the basement, tenants also have access to storage and coin-op laundry. Behind both buildings you'll see a yard area, a 10 car parking lot, and a garage bringing $150/month (inc. in 621 3E Rent). In total, both buildings produce ~$11,525.00 from rent collection and an additional $300 or so a month from the laundry coin ops. Both roofs were replaced last year as well. Turn key and cash flowing on day 1...just collect your ROI.

Location

State MA

County Bristol

Zoning A-3

Direction South Main to King Philip

Rooms

Basement Full

Interior

Appliance Gas Water Heater, Tank Water Heater, Tankless Water Heater

Laundry Laundry Room

Exterior

Garage Spaces 1.0

Roof Type Shingle

Total Parking Spaces 10

Garage Yes

Building

Story 6

Foundation Stone, Granite

Sewer Public Sewer

Water Public

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Listed by Fortified Realty Group
Bought with Kevin Teves • Weichert, REALTORS® - SBA Group

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agent

Edmy Pierre

Agent | License ID: 9563499

+1(857) 302-7140

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