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20 Laurel St

8 Unit Apartment Building $2,809,360 CAD ($351,170 CAD/Unit) 7% Cap Rate Fall River, MA 02724

Executive Summary

This property is located in one of the best traffic areas in all of Fall River. It is B-L zoned. Now is the time to put your offer in before I complete this project, if you want to buy at a lower price. The main long building was a 12 Room Boarding house that was converted to 6 unit apartments. New Flooring, Ceilings, Paint, Windows, Fixtures, all new Led lighting. The smaller two story building is a 2 family unit that has been remodeled inside nearing completion. New hybrid hot water tanks new electrical panel all new plumbing and fixtures. This property also has a separate commercial lot that has a means for separate income. It is perfect for coffee shop, used car dealership, food, Bring your ideas and imagination. If you want to purchase upon completion we could negotiate a price for that also.

Property Facts

Price $2,809,360 CAD
Price Per Unit $351,170 CAD
Sale Type Investment
Cap Rate 7%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 13,212 SF
No. Stories 2
Year Built 1987

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code BL (Business Local)
BL (Business Local)
  • Listing ID: 31725852

  • Date on Market: 2024-05-07

  • Last Updated:

  • Address: 20 Laurel St, Fall River, MA 02724

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