![Primary Photo](https://images1.loopnet.com/i2/2bvzgt0mEQgUPjvL878JJ5czi7v0oy6rCa2QoLpVTrU/112/image.jpg)
635 637 Fall River Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
![check mark](/modules/sendtofriend/content/images/check_mark.png?v=cc2a5803e2852f082a5e18ad3310e3a3)
Your email has been sent!
635 637 Fall River Ave
5 Unit Apartment Building $1,450,000 ($290,000/Unit) 6% Cap Rate Seekonk, MA 02771
![635 637 Fall River Ave, Seekonk, MA for sale - Primary Photo - Image 1 of 27](https://images1.loopnet.com/i2/2bvzgt0mEQgUPjvL878JJ5czi7v0oy6rCa2QoLpVTrU/110/635-637-Fall-River-Ave-Seekonk-MA-Primary-Photo-1-Large.jpg)
![635 637 Fall River Ave, Seekonk, MA for sale - Building Photo - Image 2 of 27](https://images1.loopnet.com/i2/aVnrdXWsHvUeCCl9FNW50Xfpg7J7fSYXcvqZR1RaGTY/110/635-637-Fall-River-Ave-Seekonk-MA-Building-Photo-2-Large.jpg)
![635 637 Fall River Ave, Seekonk, MA for sale - Building Photo - Image 3 of 27](https://images1.loopnet.com/i2/tVNXaj-gfjG6NHgsG-8RUfgTjpNivAk-CnYQqeMAXpU/110/635-637-Fall-River-Ave-Seekonk-MA-Building-Photo-3-Large.jpg)
EXECUTIVE SUMMARY
Phenomenal investment opportunity on heavily trafficked Fall River Road in SeekonkDiscover the potential of this fantastic investment opportunity! Nestled on a high-visibility corner lot, this property features not one, but two buildings on a single lot, providing a diverse income stream to ensure solid returns every month.
The first building houses a thriving driving school, leased for $2,400/month on a secure 3-year lease. The second building hosts a convenience store generating $2,400/month on a month-to-month basis. Both businesses are currently occupied, providing you with immediate income and stability.
In addition to the commercial spaces, this property includes three residential units, each contributing to the robust monthly income. Currently leased at competitive rates, the units consist of a 1-bedroom unit at $1,350/month, a 2-bedroom unit at $1,450/month, and a spacious 3-bedroom unit at $1,600/month. There's great potential to increase rental rates, maximizing your returns.
Convenience is key, and with on-site parking for 12 vehicles, your tenants and customers will appreciate the ease of access. Whether you're an experienced investor or just starting in real estate, this property offers a solid foundation for financial growth.
Seize this opportunity to own a prime piece of real estate with two thriving businesses, stable residential income, and the potential for increased returns. Act now to secure your future with this high-performing investment. Schedule a viewing and witness the lucrative possibilities this property has in store for you.
The first building houses a thriving driving school, leased for $2,400/month on a secure 3-year lease. The second building hosts a convenience store generating $2,400/month on a month-to-month basis. Both businesses are currently occupied, providing you with immediate income and stability.
In addition to the commercial spaces, this property includes three residential units, each contributing to the robust monthly income. Currently leased at competitive rates, the units consist of a 1-bedroom unit at $1,350/month, a 2-bedroom unit at $1,450/month, and a spacious 3-bedroom unit at $1,600/month. There's great potential to increase rental rates, maximizing your returns.
Convenience is key, and with on-site parking for 12 vehicles, your tenants and customers will appreciate the ease of access. Whether you're an experienced investor or just starting in real estate, this property offers a solid foundation for financial growth.
Seize this opportunity to own a prime piece of real estate with two thriving businesses, stable residential income, and the potential for increased returns. Act now to secure your future with this high-performing investment. Schedule a viewing and witness the lucrative possibilities this property has in store for you.
PROPERTY FACTS
Price | $1,450,000 | Property Type | Multifamily |
Price Per Unit | $290,000 | Property Subtype | Apartment |
Sale Type | Investment | Building Size | 3,990 SF |
Cap Rate | 6% | No. Stories | 3 |
No. Units | 5 | Year Built | 1910 |
Price | $1,450,000 |
Price Per Unit | $290,000 |
Sale Type | Investment |
Cap Rate | 6% |
No. Units | 5 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Size | 3,990 SF |
No. Stories | 3 |
Year Built | 1910 |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 1 | $1,350 | - |
2+1 | 1 | $1,450 | - |
3+1 | 1 | $1,600 | - |
1 of 1
1 of 28
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
![Century 21 The Seyboth Team](https://images1.loopnet.com/i2/8U-hur5dZa7EhZfilRpkBv43hj_6i-kzlXpWyFhMyuI/105/image.jpg)
635 637 Fall River Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.