801 N Main St, Fall River, MA 02720
801 N Main St, Fall River, MA 02720
801 N Main St, Fall River, MA 02720
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Michael Sakey

Michael Sakey

+1(413) 977-2345
$1,200,000
Est. payment /mo
12 Beds
9 Baths
6,414 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,414 sqft

Price per Sqft $187

MLS Listing ID 73507804

Bedrooms 12

Full Baths 9

Year Built 1882

Annual Tax Amount $5,141

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type 5-9 Family

Property Description

799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River's most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collect

Location

State MA

County Bristol

Zoning B-L

Direction Accessible from I-95 N and I-195 E

Rooms

Basement Walk-Out Access, Interior Entry

Interior

Flooring Tile, Vinyl

Exterior

Exterior Feature Balcony, Rain Gutters, Varies per Unit, Stone Wall

Garage Spaces 1.0

Fence Fenced/Enclosed

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other, Sidewalks

View Y/N Yes

View City

Roof Type Rubber,Asphalt/Composition Shingles

Total Parking Spaces 2

Garage Yes

Building

Lot Description Sloped

Story 3

Foundation Concrete Perimeter, Block, Stone, Brick/Mortar, Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by BOND BROKERAGE

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CONTACT US

+1(413) 977-2345

www.mlsakey.com