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34 St Joseph St, Fall River, MA (Login for street address)

Fall River Commercial Income

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Unit Information

City approvals for 48 apartments and an onsite maintenance office containing 23 - 1 bedroom units , 13- 2 bedroom units , and 12 - 2 story lofted 2 bedroom units. Over a acre of land with almost 100 parking spaces . Phase 1, 21e done and clear .Inside environmental report done and Inside asbestos has been removed and cleared . Only item to be addressed is asbestos left is on some exterior windows which buyer would do at the same time as changing the windows ( estimate in place under 50K) Building has been cleared out and is frame ready without having to change any loadbearing walls which saves tons of money . 3 phase on street which makes it perfect for solar .Property even comes with building construction plans done ( plumbing, hvac, and electric can be done as design build and not included in plans) and site plan approval (150k value) Building projected to gross just under 1m a year in rents . Permit ready be complete before the train ! Time to invest is now !! See Attachments

Additional Details
Status: ACT
Zip Code: 02723
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Content © 2022 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Michael J Amaral. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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