Fall River Real Estate, 229 Tripp Street: LRG Boston, #73565049

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229 Tripp Street, Fall River, MA

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Unit Information

Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.

Additional Details: Status: NEW; Type: Multi-Family, Multi Family; Zip Code: 02724; Levels: 5
Parking: Garage Capacity: 6; Parking: Off Street; Parking Spaces: 6

Rooms and Dimensions: Total Units: 6; Total Floors: 5; Total Rooms: 24; Has Basement: Yes

$975,000

Status: New
Listing ID: 73565049
Bedrooms: 12
Full Baths: 6
Living Area: 4,968 sqft 462 m² Convert
Lot Size: 5,985 sqft 556 m² Convert
Acres: 0.14
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