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In-PersonVirtual Tour
$ 799,900
Est. payment | /mo
3,728 SqFt
$ 799,900
Est. payment | /mo
3,728 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $214
MLS Listing ID 73500576
HOA Y/N false
Year Built 1880
Annual Tax Amount $3,534
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Description
One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner Please see MLS #: 73500571
Location
State MA
County Bristol
Zoning CBD
Direction Please use GPS to 155-157 Rodman
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by Beach Homes Realty, LLC
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