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6-Unit Below Market Rent 309 Flint St 7 Unit Apartment Building $1,075,000 ($153,571/Unit) 6.64% Cap Rate Fall River, MA 02723


EXECUTIVE SUMMARY
Well-maintained six unit with rented garage in Fall River
PROPERTY FACTS
| Price | $1,075,000 | Apartment Style | Low-Rise |
| Price Per Unit | $153,571 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 6.64% | Building Size | 7,927 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1950 |
| Zoning | A-3 | ||
| Price | $1,075,000 |
| Price Per Unit | $153,571 |
| Sale Type | Investment |
| Cap Rate | 6.64% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 7,927 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1950 |
| Zoning | A-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | FALL-000009K-000000-000009 | Improvements Assessment | $492,000 |
| Land Assessment | $101,700 | Total Assessment | $593,700 |
PROPERTY TAXES
Parcel Number
FALL-000009K-000000-000009
Land Assessment
$101,700
Improvements Assessment
$492,000
Total Assessment
$593,700
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6-Unit Below Market Rent | 309 Flint St
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