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    14-28 Downing St Fall River, MA 02723

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    For Sale
    $2,000,000

    Ten-unit property with recent updates in Fall River, MA.

    Lot size:
    0.06 Acres

    Property Features for 14-28 Downing St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1900

    Source: Weichert REALTORS, Hope & Associates Agent Olusola Samuel Esan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Investment Property Portfolio

    This portfolio includes four separate properties on separate lots, featuring a total of ten units. The front building contains two 3-bedroom units with 1 bath on each floor, while the rear building offers two 2-bedroom units with 1 bath on each floor. The properties have been updated in recent years with granite countertops, updated kitchen cabinets, and vinyl plank life-proof floors in the kitchens and baths. Each unit has separate gas and electric meters, and tenants are responsible for their own utilities, including gas heat and hot water. The properties feature hardwood floors and vinyl siding. This property is located in Fall River, Massachusetts, and is suitable for 1031 exchange opportunities.
    Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1341412
    Latitude
    41.6959044

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    FAQs

    What type of property is this?
    Apartment building - Ten-unit property with recent updates in Fall River, MA.
    Where is this apartment building located?
    The property is located at 14-28 Downing St Fall River, MA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Ten-unit property portfolio with four separate buildings.; - Updated units with **granite countertops, updated kitchen cabinets, and vinyl plank flooring** in kitchens and baths.; - Separate gas and electric meters for each unit; tenants pay all utilities.
    (347) 444-1515
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14-28 Downing St Fall River, MA 02723
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