688 Rodman StFall River, MA 02721

For Sale
$750,000

Shovel-ready, seller-financed, high-profit potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a shovel-ready 8-unit townhouse development project in Fall River, Massachusetts. Located at 688 Rodman St, this 21,257 square foot lot is zoned residential, offering significant potential for future development. The property includes four three-story buildings, totaling 21,257 square feet, and is ready for immediate construction. All necessary plans and permits, including a clean 21E report and a variance for the development, are included in the sale, saving buyers considerable time and effort. Seller financing is available at a 5% interest rate to qualified buyers, requiring a 20% down payment and interest-only payments. Partial releases are available as units are sold, allowing for phased construction and sales. The property's industrial zoning allows for exploration of alternative uses, further enhancing its investment potential. This turnkey project offers a streamlined path to profitability, with potential profits exceeding $100,000 per unit. Act quickly to secure this prime investment opportunity in a thriving location. The asking price is $750,000.

Highlights

  • High potential ROI: Over $100,000 profit per unit, totaling $800,000+ for the entire project.

Property Details for 688 Rodman St

Property type
Multifamily properties, Apartment buildings
Square Feet
21,257 SF
Year Built
2025
Buildings
4
Stories
3
Units
8

Location Insight

City
Fall River
County
Bristol
State
Massachusetts
Latitude
41.692283350212
Longitude
-71.149157235619
688 Rodman St, Fall River, Massachusetts
Leaflet | © OpenStreetMap contributors

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.
688 Rodman St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size Select options
Please enter message