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- LoopNet Team
35 Carver St
Fall River, MA 02721
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Property Has Value-add Opportunity Through Market Rents
- South Coast Rail - Commuter rail service between Boston and southeastern Massachusetts by the end of 2023.
- Pro-Forma Cap Rate is 6.7%
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 9,206 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Cross Streets | Snell St |
| Zoning | A-3 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 9,206 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Cross Streets | Snell St |
| Zoning | A-3 |
ABOUT 35 CARVER ST , FALL RIVER, MA 02721
Twelve Unit Apartment Complex For Sale! Three Separate Buildings with Four Units. Each Unit Consists of Approximately 690 Sq' of Living Space with Kitchenette, Dining Area,1 Bedroom, 1 Bathroom and Living Room. Of the Twelve, Five Apartments Have Been Nicely Updated Including Painting, Kitchen Cabinets, Appliances, Flooring, Fixtures, Etc. Entryways Have been Freshly Painted. Heat is Electric. All Apartments Have Separately Metered Electric, Tenants are Responsible for Their Own Electricity. Hot Water is Inclusive in Rent. Exterior Vinyl Siding and Roof Installed within the Last Five Years. Property Has Value-add Opportunity Through Market Rents, Pro-Forma Cap Rate is 6.7%.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 690 |
PROPERTY TAXES
| Parcel Number | FALL-000026F-000000-000007 | Improvements Assessment | $1,070,900 |
| Land Assessment | $216,000 | Total Assessment | $1,286,900 |
PROPERTY TAXES
