Active
5 Days on market
185 Covel St Fall River — Photo 1 of 3

185 Covel St Fall River — Photo 1 of 3

$675,000

Investment Analysis — 185 Covel St

Fall River, MA 02723

Based on rent reported on the MLS listing, a 3-unit multi-family in 02723 carries $2,900/mo in gross rent — about a 3.06% cap rate and $20,638/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

2,685

Style

3 Family

Built

1900

Great opportunity to own a three family home in Fall River's East End. Each unit offers 5 rooms, including two bedrooms providing a comfortable layout. This multifamily property presents an excellent opportunity for investors or owner occupants looking to generate rental income while building equity. Conveniently located near shopping, dining, schools, public transportation, and major highway access. Whether you are expanding your investment portfolio or looking for a multifamily to be a home! This east end property is worth a look. Schedule your showing today!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$675,000
Annual Taxes$5,810

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms15
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationGranite
ZoningG

Property & Lot

Acres0.11
SqFt Lot4,704
Lot FeaturesCleared

Geography

Listing Provided By

Listing Agent: Henry Alfonso

Listing Office: Alfonso Realty Co.

MLS® Number: 73572594