

801 North Main Street
Turn-Key Investment | Strong In-Place Cash Flow | Immediate Value-Add Opportunity
Marketing description
799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River’s most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collections, the asset offers immediate upside through lease-up and rent alignment. Recent Navien high-efficiency boiler systems reduce future capital expenditure and improve operational efficiency, making this a true “plug-and-play” investment with stable cash flow and defined upside.
Investment highlights
Key Investment Highlights
- 8+ Unit Mixed-Use Investment with eight residential apartments plus 1,319 SF of leased commercial space
- Current Gross Income: $121,236/year
- Pro Forma Gross Income: Approximately $141,000+/year, including commercial lease income
- Immediate Value-Add Opportunity through lease-up and rent alignment
- Professionally Managed with consistent rent collections
- Separate Utilities for all residential units; tenants pay their own utilities
- Central Heat Throughout with 2 units featuring central air conditioning
- Recent Navien High-Efficiency Boiler Systems reducing operating costs and future capital expenditures
- Two Buildings on One Lot totaling 7,114 SF, both updated with newer roofs and vinyl siding
- Water Views overlooking the Taunton River
- Common Basement with washer/dryer hookups
- Strong Unit Mix: Four 1-bedroom units and four 2-bedroom units
- Located in one of Fall River's fastest-growing rental corridors, offering long-term appreciation potential
- Turn-Key Investment with stable in-place cash flow and clearly defined upside
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