1150 Plymouth Ave, Fall River, MA 02721

Description

1150 Plymouth Avenue is a fully rented four-family home that has seen steady, thoughtful investment over the past several years. Many of the major updates are already complete, making it a strong addition to any portfolio for a new owner who wants a well-maintained building with reliable income from day one.All four units are currently occupied, and all tenants are on month-to-month rental agreements, giving a new owner flexibility in how they manage the property going forward. Each unit has its own separate utilities, keeping operating costs simple and predictable. Mini split systems were installed in 2024 in three of the four units, providing efficient heating and cooling, and the hot water tanks are newer.The building has been updated from the outside in. New siding was installed in 2023, and the exterior walls received blown-in insulation in 2024, improving comfort and efficiency throughout. The walkway was repaved in 2021.Inside, the first floor rear unit was remodeled in 2022, followed by the first floor front unit in 2023. The first floor front unit also received new windows in 2026.A coin-operated washer and dryer, added in 2024, offers on-site laundry for tenants and an additional source of income.The property also offers an unfinished walk-up third floor, providing potential for future expansion, or owner storage space.