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172 Stewart Street Fall River

$259,900
6 3 3,704 sq ft

The Property

RARE opportunity to purchase a 2 unit (3 unit potential) in the desirable Highlands of Fall River. This property is a 4-minute drive (15-minute walk) to the MBTA South Coast Commuter Rail Fall River Depot station currently being constructed at 825 Davol Street. Each established unit features two bedrooms, a dining room, living room, kitchen, and full bath. The third level is large and has the potential to be its own 2-3 bed unit.

The garage is large with space for two vehicles and the driveway has space for another three vehicles. This property is in need of some renovation and will not qualify for all types of financing. Comparable 2-unit properties sold in Fall River indicate a potential ARV (After Repair Value) of over $425,000.00. Projected market rents after renovation range from $1,500-$2,000+ per unit (Multiplied by 3 if the third level is converted into its own unit). Buyer and Buyers’ agent to perform their own due diligence. Information deemed reliable but not guaranteed.

ALL DEPOSITS MUST BE CERTIFIED FUNDS ONLY. Please see attached offer instructions.

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Listing Details

MLS Number

1301517

Lot Size:

0.15 acres

Features

  • Basement: Full
  • Shingles
  • Wood
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Gas
  • Garage: Detached
  • Type: Apartment
  • Year Built: 1921

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Market Trends for Multi Family Homes
in Fall River

  • Overview
    Homes for Sale Today3-66.7% decrease in inventory
    New on Market *1100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$157.73$51 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Revolv Real Estate

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