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34 St Joseph St

Fall River, MA 02723
  • $2,600,000
  • STATUS: Active
  • MLS #: 72977977
UPDATED: 34 min ago
$2,600,000
  • 73
    BEDS
  • 1.23
    ACRES
  • 48
    BATHS
  • 3
    1/2 BATHS
  • 46,000
    SQFT
  • $57
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:
Area:

School Ratings & Info

Listing courtesy of Michael Amaral of Amaral & Associates Re.

Description

City approvals for 48 apartments and an onsite maintenance office containing 23 - 1 bedroom units , 13- 2 bedroom units , and 12 - 2 story lofted 2 bedroom units. Over a acre of land with almost 100 parking spaces . Phase 1, 21e done and clear .Inside environmental report done and Inside asbestos has been removed and cleared . Only item to be addressed is asbestos left is on some exterior windows ( estimate in place under 50K) Building has been cleared out and is ready to be built out by buyer without having to change any loadbearing walls which saves tons of money . 3 phase on street which makes it perfect for solar .Property even comes with building construction plans done ( plumbing, hvac, and electric can be done as design build and not included in plans) and site plan approval (150k value) Building projected to gross just under 1m a year in rents . Permit ready! Be complete before the train ! Time to invest is now !! Preliminary budget of 6M to do buildout. See Attachments

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-25T12:10:02.48.
www.revrealtyma.com/homes/128483660
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34 St Joseph St Fall River, MA 02723

  • Price: $2,600,000
  • Status: Active
  • On Site: Days
  • Updated: 34 min ago
  • MLS #: 72977977
73
Beds
48
Baths
3
½ Baths
1.23
Acres
46,000
SQFT
$57
$/SQFT
1929
Built
Neighborhood:
Other
County:
Bristol
Area:
Other
Property Description
City approvals for 48 apartments and an onsite maintenance office containing 23 - 1 bedroom units , 13- 2 bedroom units , and 12 - 2 story lofted 2 bedroom units. Over a acre of land with almost 100 parking spaces . Phase 1, 21e done and clear .Inside environmental report done and Inside asbestos has been removed and cleared . Only item to be addressed is asbestos left is on some exterior windows ( estimate in place under 50K) Building has been cleared out and is ready to be built out by buyer without having to change any loadbearing walls which saves tons of money . 3 phase on street which makes it perfect for solar .Property even comes with building construction plans done ( plumbing, hvac, and electric can be done as design build and not included in plans) and site plan approval (150k value) Building projected to gross just under 1m a year in rents . Permit ready! Be complete before the train ! Time to invest is now !! Preliminary budget of 6M to do buildout. See Attachments
Exterior Features

Beachfront No Construction Brick Foundation Granite Lot Description CornerPaved Drive Parking Features Off-Street Parking Spaces 97 Road Type PublicPavedPublicly Maint. Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features Full Bedrooms Unit1 2 Bedrooms Unit2 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Flooring Hardwood Floors Unit1 1 Floors Unit2 1 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Hot Water Natural Gas Levels 4 Levels Unit1 1 Levels Unit2 1 Rooms 8 Rooms Unit1 4 Rooms Unit2 4

Property Features

Adult Community No Apod Available No Assessments 329800.00 Disclosure No Disclosures Rents Are For illustrative Purposes OnlyProforma in Attachments Electric Features Circuit Breakers Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Rent Unit1 0 Rent Unit2 0 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Measured Tax Year 2022 Taxes 8914.49 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Res

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Michael Amaral of Amaral & Associates Re.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-25T12:10:02.48.
 
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Revolution Realty
90 Canal Street, 4th Floor
Boston MA, 02114
Listing courtesy of Michael Amaral of Amaral & Associates Re.