24-30 John St, Fall River, MA, 02721 | $839,000

One of the Largest 4-Families You’ll Ever Find in Fall River – 14 Beds / 6 Baths! Opportunities like this are rare. Featuring two townhouse-style units with 5 beds and 2 full baths each, along with two first-floor units offering 2 beds and 1 bath, all commanding strong rental income making it a strong fit for both owner-occupants and investors looking to scale. First-time buyers can take advantage of the size and offset their mortgage by living in one unit while the others generate income. Investors will appreciate the solid rent potential and the heavy capital improvements already completed. In 2021 the property underwent a comprehensive rehab, including: Full electrical upgrade with new panels and meters, Updated HVAC systems, Tankless hot water systems for each unit, Renovated kitchens and bathrooms throughout and more! The building also offers a high-ceiling basement, presenting the potential for future finished space or added value (buyer to perform due diligence).

Features

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School
  • Rooms: 24
  • Bedrooms: 14
  • Baths: 6 full
  • Units: 4
  • Year Built: 1900
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 3,417
  • Acreage: 0.13
  • Est. Taxes: $8,202
  • MLS#: 73498435
  • Website: https://www.raveis.com
    /prop/73498435/2430johnst_fallriver_ma?source=qrflyer
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.
Listing by Marcus Duviella courtesy of Divine Real Estate, Inc.   Phone: 508-938-9277

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

24-30 John St, Fall River, MA, 02721

$839,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $671,200 $671,200 $671,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment $684 $684 $684
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,706 $4,024 $5,574
Total Monthly Payment $4,482 $4,800 $6,350

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.