Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

155 Rodman St

Fall River, MA ID #73500571

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155 Rodman St

- Fall River, MA ID #73500571

Property Description

One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner. Please see MLS #: 73500576

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Zip Code: 02721
  • Taxes: 3,535
  • Levels: 7
  • Acres: 0.09

Parking

  • Garage Capacity: 3
  • Parking: Paved,Off Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 7
  • Total Rooms: 26

Location

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155 Rodman St, Fall River, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Gilded Girls Group of Beach Homes Realty, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.