Property Photos and Details: 49 Bullock St Fall River MA
We are excited to introduce 49 Bullock St, a unique and versatile property located in the heart of Fall River, MA. This remarkable real estate opportunity offers a blend of comfort, convenience, and potential, perfect for both investors and owner-occupants.
Property Overview
Nestled on a spacious corner lot near Eastern Ave and Oak Grove Ave, 49 Bullock St features a two-unit building at the front and a newer, attached single-unit building at the rear. This configuration offers flexibility and multiple living options, making it an ideal choice for various buyers.
Front Building Details
The front building is split into two units:
First Floor Unit: This unit boasts 3 cozy bedrooms, providing ample space for a family or tenants. The layout is designed for comfort and functionality.
Second Floor Unit: Offering 2 bedrooms, this unit as a large primary bedroom and large open living room, perfect additional rental income.
Partially Finished Basement: The basement provides potential for extra living space, a workshop or storage, enhancing the property's usability.
Rear Building Details
The newer building at the rear of the property is a single-unit home featuring:
3 Bedrooms, 1.5 baths: Spacious and well-lit, this two-story unit is ideal for family living.
Full Basement: This area offers significant potential for added storage, a workshop, or even additional living space.
Prime Location
Located off Eastern Ave and Oak Grove Ave, 49 Bullock St is in a highly desirable area of Fall River. The neighborhood is known for its convenience, with easy access to local amenities, schools, parks, and public transportation.
Why Choose 49 Bullock St?
Investment Potential: With multiple units, this property is perfect for generating rental income.
Versatility: Whether you are looking to occupy one unit and rent out the others, or utilize the entire space for rental, this property meets diverse needs.
Space and Comfort: Each unit is designed to maximize living space and comfort, making it a desirable place to call home.
Schedule Your Showing Today
Don't miss out on this incredible opportunity to own a versatile property in one of Fall River's most sought-after neighborhoods. Contact us today to schedule a showing and see for yourself all that 49 Bullock St has to offer.
We look forward to helping you make this wonderful property your next home or investment!
The Federal Reserve's rate hikes may not yet have had an impact on the RED-HOT Fall River Multi-Family home market. Where it is having an impact is transaction volume!
Even with mortgage rates more than double the lows of 2021, the lack of inventory continues to support home values.
Year over year median sales price for multifamily homes on Fall River MA is up over 16 percent from May 2022.
Median days on market is up slightly to 22 days. While the list to sales price ratio was down slightly but still at 100%.
The place where the recent interest rate hikes have had an impact is transaction volume.
Listing volume is down over 15%. Units that went pending was down over 33% and units sold was also down over 33%. And possible insight into things to come, pending sales are down almost 40%.
Fewer homes, and fewer buyers that qualify at today's current prices results in fewer transactions. Or course, all real estate is local, so let us know if you would like to know more about what is happening in your neighborhood and if you like these updates, please like and subscribe so you can stay in the know.
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