214 High St, Fall River, MA 02720

Nice 6 Family with 2 Studios @$1100 & $500 ea, 2 One beds@$1200 ea and 2 two beds at $1400 & $1600 ea. Heat and hot water is included along with coin laundry. Long term tenants with strong history. Gas Averages $450 a month for heat and hot water. Purchase Price $675,000 - 25% ($168,750) =$525,000 @ 6.25% =$3200 + $441 Taxes + $375 for Ins. + $450 for Heat and hot water Total Expenses=$4500 minus Total Income=$7050 = Profit of $2550 per month. This is a solid investment with not alot to do.