488-494 Ridge St Fall River, MA ^$ 2,449,500

488-494 Ridge St

^$ 2,449,500

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488-494 Ridge St

Fall River, MA, 02724

^$ 2,449,500

Bedrooms18 Baths9.0 Sq 7,000

Monthly Estimate*

^$ 16,280

488-494 Ridge St, Fall River, MA 02724 - Image 1

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Multi-Family Home for sale in Fall River, MA

for $2,449,500 with 18 bedrooms and 9 full baths. This 7,000 square foot home was built in 1900 on a lot size of 0.16.

This spacious 9-unit property is located in the South end of the city, close to Saint Anne's Hospital. The property consists of 2 separate buildings on one parcel. The back building contains 3 large (3) bedroom units, and the front building layout consists of three (2) bedroom units and three (1) bedroom units. This property is to be sold as a package together with the North end property located at 293 Crescent Street of 6 units for a combined total package of 15 apartments. Perfect property for investors with a projected gross income of 300K plus. Possible owner financing available for well qualified buyers. Neither seller nor agent, make any representations as to the accuracy of any information contained herein. Buyer(s) and buyer(s) agent must conduct their own due diligence, verification, research and are relying solely on the same. SELLERS HAVE NEVER OCCUPIED PROPERTY.

Multi-Family Active

Price

^$ 2,449,500

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 11,989

Style

5-9 Family

Lot Size

0.16

Year Built

1900

Town/City

Fall River

County/Region

Bristol

MLS | Web ID

73241095

List By

Vasco Cabral

Listing Agent

Keller Williams Realty

Broker

Affordability Calculator

$17,279

Per Month

Monthly Principal & Interest: $16,280
Monthly Property Taxes: $999
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Fall River, MA

Average List Price ^$1,255,916

Percent of Sale Price 49%

About Fall River, MA

89,158 Population

-3% Since 2002

^$38,123 Median Income

39.81 Median Age

26% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/21/2024	$2,449,500		Listed Price

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488-494 Ridge St, Fall River, MA, 02724 is a Multi-Family Home for sale at $2,449,500 with 7,000 sqft and a lot size of 0.16. 488-494 Ridge St has 18 bedrooms, 9.0 baths, and was built in 1900. The property's zip code is 02724 which is in Fall River, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/16/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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488-494 Ridge St

Multi-Family Home for sale in Fall River, MA

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