Luxury Real Estate Group Boston > Fall River > 229 Tripp Street

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

229 Tripp Street

Fall River, MA

Property Description

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.

offered at

$975,000

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

Additional Details

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

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

Map

Photos