Multi-Family for Sale: 159 Cherry St, Fall River, MA 02720 SOLD

6 beds
6 full, 2 half baths
6,720 sqft
$1,025,000
$1,025,000
159 Cherry St, Fall River, MA 02720 SOLD
6 beds
6 full, 2 half baths
6,720 sqft
$1,025,000
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Selling Price: $1,025,000
Original List Price: $1,050,000
Sold at 97.6% of list price
Sold Date: 09/30/2024

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Type Multi-Family
Beds 6
Total Baths 6 full, 2 half baths
Square Feet 6,720 sqft
Garage Spaces 2
Lot Size 0.12 acres
Year Built 1875
City Fall River
County Bristol
MLS 73259991
Status Closed
DOM 89 days
Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future

Lot & Building Features

Construction Brick, Stone
Sewer Public Sewer
Tax Year 2025
Taxes Paid $11,373
Water Public
Foundation Brick/Mortar, Stone
Roof Shingle
Full Baths 6
Half Baths 2
Parking Off Street, Paved Drive, Paved
Total Rooms 18
Garage Spaces 2
Waterfront River, Waterfront
Waterview River

Price History of 159 Cherry St, Fall River, MA

Date Name Price Difference
07/18/2024 Price Adjustment $1,025,000 2.38%
07/03/2024 Listing Price $1,050,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Amy Houston, ABR, AHWD, PSA, SRS
Direct: 603-944-1456
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by www.HomeZu.com, Jason Saphire
Sold by Fortified Realty Group, Austin Robichaud
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Listing information courtesy of: www.HomeZu.com

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