CCertihomes
286 Columbia St, Fall River, MA 02721

$899,000

10 beds 6 baths 6,463 sqft Built 19004 days on marketActive

About this home

Investors take notice of this Fall River income property. This well maintained cash cow boasts 5 spacious units with an additional storefront for extra cash flow. This is the perfect opportunity to invest in the perfect city at the perfect time. Centrally located a few blocks from downtown, highways, schools, stores, parks and restaurants. Check out the well maintained, fully rented units this one has to offer. Nothing to do but close and cash flow. Move quick and invest in the city before the train hits.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,281/mo

Real estate (PITI + HOA + PMI)
$6,055
Principal + interest$4,077
Property tax + insurance$1,641
PMI / 2nd mortgage$337
Utilities
$657
Heating + cooling$167
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$131
Car insurance + maintenance$131
Other (entertainment)
$157
$6,281/mo TLC
Budget$6,781/mo
Remaining after TLC$500/mo
Purchase price
$899,000
Down payment
$44,950 (5%)
Loan amount
$854,050
APR
4%

Quick facts

Type
5+ Family - 5+ Units Up/Down
Style
Year built
1900
Lot size
0.1 ac
Stories
11
Heating
Cooling
Water
Public
HOA
Annual tax
$6,803
MLS #
73234059
County
Bristol

Home features

Sewer
Public Sewer

Lot features

Other

Neighborhood — 02721

MetricThis ZIPCountyUSA
Population25,4786,444,931299,088,112
Population Change Since19901.00%7.00%20.00%
Population Density4,499786
Male12,0453,127,134147,432,321
Female13,4383,317,797151,655,844
Never Married6,3781,612,88563,775,926
Married8,9582,586,314123,120,365
Separated1,065247,85712,639,686
Widowed2,122363,59415,467,586
Divorced1,899436,88823,075,029
Number Of House Hold10,4472,431,591111,826,380
Average House Hold Size2.422.562.60
Medial Age34.3337.2535.46
Median House Hold Income$30,875$57,698$48,276
Average House Hold Income$40,421$75,023$63,629
P C I$16,915$29,196$24,529
M D I$27,439$48,105$41,133
A T H E$38,063$57,083$50,898
S T R5.00%5.00%
W C J76.31%81.38%77.74%
(Zip) Code
2721

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 5/7/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.