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Turnkey Six-Unit Investment Property

131 Thomas St Fall River, MA 02723

131 Thomas St, Fall River, MA, 02723
$979,000
Pending
For Sale
$979,000
Pending

Fully occupied six-unit building with separate utilities and updates.

Days on Market62

Property Features for 131 Thomas St

General Information

Standard status
Pending
Property subtype
Investment

Building Details

Year Built
1900
Listing agency
Listed by Daniel Quintal · License #450550781
Source Elliman
Added: May 21 Updated: Jul 10 at 1:36PM Checked: Jul 21 at 8:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Quintal


Investment Insights

Based on property information with market context.

This is a six-unit, fully occupied investment property. All utilities are separate and paid for by the tenants. Updates have been made over the years, including a new fire panel and a roof that is approximately 10 years old. Two of the six units have de-lead certificates. The driveway could be extended to offer more off-street parking. Rents are currently below market. The property is located in a walkable community with a walk score of 89, indicating it is very walkable. The bike score is 63, indicating it is bikeable. The transit score is 43, indicating some transit options are available.

Key Highlights

  • Turnkey 6‑unit building, currently fully occupied.
  • All utilities are separated and paid by tenants.
  • Rents are currently below market, offering potential for increased income.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Accounting Firm Cafe & Coffee Shop Daycare Center Garden Center HVAC Service Skin Care Clinic Florist Dental Office (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Fully occupied six-unit building with separate utilities and updates.
Where is this apartment building located?
The property is located at 131 Thomas St Fall River, MA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Turnkey 6‑unit building, currently fully occupied.; All utilities are separated and paid by tenants.; Rents are currently below market, offering potential for increased income.
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