568 N Main St Fall River, MA 02720
Experience the ultimate investment opportunity with this versatile mixed-use very large unfinished 3rd. floor that could be another unit or made into a loft with water view .. this property offers endless possibilities.Investors, take note! Owner financing is available, allowing you to leverage the rental income to help pay the mortgage and live comfortably while enjoying a remarkable return on investment. With below-market rents and all units currently occupied, this property presents an attractive 8% potential cap rate based on current market rents (currently $1,100, $850, $700, and $700).Ideally situated mere minutes from the upcoming train station, reliable transit connections between Southeastern Massachusetts and Boston will be at your doorstep. Additionally, this prime location offers convenient access to highways, shopping, restaurants, and entertainment venues, ensuring a high-demand rental market.
- Property TypeCommercial
- NeighborhoodN/A
- CountyBristol
- Taxes$3,018
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusActive
- MLS ID Number73232025
- Home Size Source N/A
- Year Built1900
- Lot Size0.11 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 3
- Acreage 0.11
- Zoning B-B
- Buyer Agent Compensation 50% split
- Facilitator Compensation .1%
Exterior Features
- Waterfront Property No
Community Features
- Senior Community No
- Adult Care Community No