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14-28 Downing St Fall River — Photo 1 of 36

14-28 Downing St Fall River — Photo 1 of 36

$2,000,000

Investment Analysis — 14-28 Downing St

Fall River, MA 02723

Based on rent reported on the MLS listing, a 10-unit multi-family in 02723 carries $18,050/mo in gross rent — about a 7.03% cap rate and $140,616/yr in estimated NOI at the $2,000,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

26

Baths

10

SqFt

2,991

Style

5-9 Family

Built

1900

CASH COW! four separate properties on a separate lot portfolio. This 10-unit Property has two 3-bedroom units with 1 bath on each floor in the front building and two 2-Bedroom with 1-bath on each floor unit in the rear building. They have different deed both all are close to each other. Updated within the past few years with granite countertops, updated kitchen cabinets, and Vinyl Plank “life proof” floors in the kitchens and baths . All separate gas and electric meters, tenants pay their own utilities including gas heat and hot water. With hardwood floors, Vinyl siding, this one is an Investor’s dream! Property can be kept as 10-unit .Don’t miss your opportunity to 1031 exchange up to a great income producing turn-key investment property in Fall River.

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 MLS and other third-party data may be inaccurate or out of date.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$2,000,000
Annual Taxes--

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms52
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
Roof--
FoundationStone
ZoningG

Property & Lot

Acres0.06
SqFt Lot2,505
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Park

Geography

Listing Provided By

Listing Agent: Olusola Samuel Esan

Listing Office: Weichert REALTORS®, Hope & Associates

MLS® Number: 73456136