$269,900
- 6 bd
- 3 ba
- 2,270 sqft
377 Manchester
Fall River, MA 02721
Twelve Unit Apartment Complex For Sale! Three Separate Buildings with Four Units. Each Unit Consists of Approximately 700 Sq' of Living Space with Kitchenette, Dining Area,1 Bedroom, 1 Bathroom and Living Room. Of the Twelve, Five Apartments Have Been Nicely Updated Including Painting, Kitchen Cabinets, Appliances, Flooring, Fixtures, Etc. Entryways Have been Freshly Painted. Heat is Electric. All Apartments Have Separately Metered Electric, Tenants are Responsible for Their Own Electricity. Hot Water is Inclusive in Rent. Exterior Vinyl Siding and Roof Installed within the Last Five Years. Property Has Value-add Opportunity Through Updated Market Rents, Pro-Forma Cap Rate is 6.7%.