159 Cherry St, Fall River, MA, 02720
![159 Cherry St, Fall River, MA, 02720](/Content/Images/_Placeholders/staticmap.jpg)
18 rooms
6 beds
6 Full / 2 Half baths
1875
6,720 sqft
Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future
Status:
Active
Type:
Multi-family
Units:
7
Zoning:
B
Garage:
2-car
Levels:
9
Parking:
4-car, Paved Drive, Off Street, Paved
Acreage:
0.12
Est. Taxes:
$11,373
Assessment
$748,700
Construction
Brick, Stone
Utilities
for Gas Range
Lot Description:
Corner Lot
View Description:
Scenic View(s)
Amenities:
Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station
Waterfront:
Yes
MLS #:
73259991
Buyer Agent Compensation:
2%%
Facilitator Compensation:
0
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Jason Saphire, www.HomeZu.com