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138 Days on market
131 Thomas St Fall River — Photo 1 of 35

131 Thomas St Fall River — Photo 1 of 35

$979,000

Investment Analysis — 131 Thomas St

Fall River, MA 02723

Based on rent reported on the MLS listing, a 6-unit multi-family in 02723 carries $8,000/mo in gross rent — about a 6.76% cap rate and $66,132/yr in estimated NOI at the $979,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

17

Baths

6

SqFt

4,704

Style

5-9 Family

Built

1900

Attention Investors! Turn key 6 unit currently fully occupied. All utilities are separated and paid for by the tenants. all six units have de-lead certificates. Many updates throughout the years including brand new fire panel and roof approximately 10 years ago. Driveway could easily be extended to offer even more off-street parking. Rents are currently below market. Do not miss out on this great investment in a community on the rise!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$979,000
Annual Taxes$6,828

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms29
FireplacesNone
FlooringTile, Carpet, Varies
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationGranite
ZoningN/A

Property & Lot

Acres0.1
SqFt Lot4,173
Lot Features--

Geography

Listing Provided By

Listing Agent: Daniel Quintal

Listing Office: Dan Quintal Real Estate

MLS® Number: 73522395