CCertihomes
260 Fountain Street Portfolio, Fall River, MA 02721

$2,700,000

31 beds 15 baths 12,496 sqft Built 19004 days on marketActive

About this home

INVESTOR ATTENTION FOR PORTFOLIO LISTING: Presenting 260 Fountain Street Condominium Portfolio consisting of 15 individual 1, 2 and 3 bedroom condos in one building. This is an excellent opportunity for an investor to capitalize on 15 separate properties to rent or sell, in one easy location. Most units are in move-in ready condition and have been well maintained. The property includes a modern coin-op laundry room. Take advantage of 260 Fountain Street's close proximity to the Battleship Cove, Bicentennial Park, Saint Anne's Hospital and the future Fall River Train Station (MBTA – Stoughton Line). Below market rents offer the potential for increased income for each of the properties. All condo docs and financials are available upon request. See attached "Unit Specifics" sheet for information on each unit.

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
$17,650/mo

Real estate (PITI + HOA + PMI)
$18,046
Principal + interest$12,246
Property tax + insurance$4,787
PMI / 2nd mortgage$1,013
Utilities
$815
Heating + cooling$271
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$131
Car insurance + maintenance$131
Other (entertainment)
$157
$17,650/mo TLC
Budget$18,150/mo
Remaining after TLC$500/mo
Purchase price
$2,700,000
Down payment
$135,000 (5%)
Loan amount
$2,565,000
APR
4%

Quick facts

Type
5+ Family - 5+ Units Up/Down
Style
Year built
1900
Lot size
Stories
5
Heating
Cooling
Water
Public
HOA
Annual tax
$22,275
MLS #
73236960
County
Bristol

Home features

Community
Public TransportationShoppingHighway AccessPublic SchoolOther
Parking
Other
Flooring
Wood, Tile, Carpet
Roof
Other
Sewer
Public Sewer

Lot features

Other

Schools

Elementary
Public
Middle
Public
High
Public

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 5/13/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.