801 N Main Street, Fall River, MA, 02720 | $1,200,000

799 809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1, 319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River's most active up and coming rental corridors. The property currently generates $121, 236 in annual income, with a pro forma gross of ~$134, 400, plus the additional $6, 600/year in leased commercial income, bringing total potential income to over $141, 000. The two buildings sit on one 7, 114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collections, the asset offers immediate upside through lease-up and rent alignment. Recent Navien high-efficiency boiler systems reduce future capital expenditure and improve operational efficiency, making this a true plug-and-play investment with stable cash flow and defined upside.

Features