MLS® ID: 72568208
170 Hall St
Fall River, Massachusetts, 02724 $899,999
Final group showing Thursday 10/10 4:30pm. Highest and best Offers due by noon Friday 10/11. CALLING ALL INVESTORS LOOKING FOR LARGE INCOME! $115,500 in current annual income, with NOI around $100,000. Very attractive 11% CAP RATE and nice apartment layouts. 11 UPDATED & DE-LEADED UNITS total. The front 6 family is large and all 3 BEDROOM apartments. The 5 family consist of one 3 BEDROOM apartment on the top floor and four 2 BEDROOM apartments all side by side. Total of 29 bedrooms and 11 bathrooms. Apartments fully renovated in 2019, new baths, kitchens, engineered hardwood floor. The Apartments show well and there is high demand for these apartments. Buildings are fully rented. See attached for financials. All tenants pay their own utilities.Opportunity to raise annual rent income to 130,000. Tons of cash flow even if you have a mortgage.