Posts Tagged ‘Fall River Real Estate’

Buying Tips for Investing in Fall River Properties

When buying investment properties in Fall River, MA there are several things one may wish to consider. Are you interested in buying property for commercial rentals or for residential rentals? Real Estate Fall River has many opportunities for investors.
Commercial rental property usually is property that houses or leases office space for a range of business interests, (i.e. law firms, retail outlets, service corporations and more).

Real Estate Map Fall River MA

Real Estate Map Fall River MA

Pros:
1) Leases are usually longer, with built in rent increases. Businesses don’t like to get established in a location, only to move in a year. Often have 3 or 5 year rental agreements, with options to renew.
2) Commercial leases often require the tenant to pay part of property taxes and maintenance for shared areas. This stabilizes the income for the landlord.
3) Management is less hands on than residential rentals. Less frequent renewals. Tenant often has to cover interior repairs, glass breakage heating maintenance, etc.
Cons:
1) More difficult to rent commercial spaces, requires negotiations and time.
2) Takes longer to fill a vacancy in commercial rentals.
Residential rental property is just that, you will be renting to people who need a place to live rather than work. There can be advantages to this and disadvantages as well.

Pros:
1) Fairly easy to rent, usually high turnover, and potential tenants is generally pretty good.
2) Leases are usually short term, especially apartments, so you are in good stead with the rental market. If you have a multi-unit property, cash flow is pretty steady.
3) Easier to get financing from banks, they seem to feel it is a better risk.
Cons:
1) Residential properties generally need a lot of hands on management.
2) Multi-family houses are usually older and may need more repairs and upkeep.

When buying Fall River real estate for investment purposes, there are many fine properties to select. Prices range from as little as $100K to over $500K it all depends how much you want to invest and how much you want to be involved. If you don’t want to be a hands on landlord, you also have the option of turning the property over to a management company to handle it for you. Either way, investments can pay off for the owner.


15

04 2013

No Way But Up for Fall River

Fall River, Massachusetts is a proud city at the end of a nearly century long downward slide. Once the center of the textile industry in America because of the ready availability of water power to energize its mills, the move of the textile industry to the South, and eventually overseas has depleted that source of industry. Other industry was in iron working, with the production of nails and iron hoops for the production of wooden barrels for the whaling industry , and in granite quarrying. The population of fall river peaked around 1920 at approximately 120,000. It has since fallen by nearly one third to less than 90,000. The decline in population has been steady since around 1920, with a slight increase during WWII.

Fall River is a blue collar city, with some ethnic and religious patterns in its neighborhoods. For first quarter 2013 the median home sale price was a bout $160,000. Sales seem to be improving. Economic trends in Fall River are following

Fall River MA real estate

Fall River MA real estate

the recovery that seems to be in place for all of America.
Fall River is located on the shore of a major deep water harbor, making it attractive for industry requiring access to shipping using large deep water ships. In 2002 a subsidiary of Hess Corporation, Weaver’s Cove Energy, proposed building a large liquefied natural gas storage tank in the middle of a densely populated neighborhood in Fall River. Local reaction, as well as opposition by the Coast Guard helped stave off this project, but only the falling price or natural gas due to increased production in America brought about the end of the project.

The removal of the threat of having a giant tank of highly explosive natural gas in the middle of the city as well as the improving economy promise an increase in home values in Fall River. Real estate in Fall River MA promises to be an improving value. The local government has encouraged a vigorous market in affordable housing and provides many services to help the elderly and working class people find affordable housing. Fall River has long been a transportation hub and offers reasonable housing choices for people in many neighboring cities. Real estate in Fall River would be a good investment for those looking to build large scale housing as well as for individuals looking for inexpensive housing in good neighborhoods.


25

03 2013

Moving into your Fall River Home: Clean Green!

It’s easy to switch to green cleaning products when you’re moving into a new home. Going green with natural household products means spending less, cutting down on harsh chemicals inside your home, and putting less harsh chemicals down the drain and into your local water supply. Here are some green household tips for your Fall River home.

Club soda

Instead of Drano, pour baking soda down the drain, then follow up with white vinegar. Let the foam bubble up and soak for a minute, then pour boiling water down the drain to rinse.

Instead of window cleaner, mix 1 gallon of water with 3 tablespoons of white vinegar into a spray bottle.

Instead of a toilet bowl cleaner, sprinkle baking soda on the bowl and rinse with vinegar, then scrub with a toilet brush.

For a spot remover, use club soda.

Instead of wood polish, squeeze 1 lemon into 1 teaspoon olive oil and 1 teaspoon water. Apply a thin coat of this to the furniture, let sit for 5 minutes, and buff off with a soft cloth.

To browse hundreds of Fall River homes for sale, including short sales and foreclosures, visit the Greater Fall River Real Estate website.


19

08 2010

Fall River Real Estate | Students Enjoy Summer Film Program

Even though it’s summer, Fall River schools are buzzing with activity! At Fall River’s B.M.C. Durfee High School, a group of 60 students ages 7 to 14 are participating in a summer course called FRED-TV. Within the school’s television studio, the students can be found working on such projects as a commercial, comedy skit, short movie, and a music video.

The program is an expansion of a successful FRED-TV summer camp that was offered a few summers back. Several of the students look forward to participating in the FRED-TV class when they begin high school at Durfee in the future.

Check out Reach for the Moon, a music video produced by 2009 FRED-TV high school students on the FRED-TV website.

For information on Fall River schools and assistance finding the ideal home in Fall River that will fit your family’s needs, visit the Fall River real estate website.


11

08 2010

Apartments and Condos of Fall River Real Estate

For tentative renters, Fall River real estate is a great place to look because housing costs are quite low in relation to the value received. The following are a few units that are available for rent.

686 Hanover St, Fall River, MA

686 Hanover St, Fall River, MA

$650, 2 bedrooms: 686 Hanover St., Fall River, MA

2 bedrooms, 1 bath, 1000 sq ft. Located in the desirable Fall River Highlands neighborhood. Large bedrooms, turret, and plenty of storage. Rent includes refrigerator and water.

150 CAMBRIDGE STREET, Fall River, MA

$800, 3 bedrooms: 150 Cambridge Street, Fall River MA

3 bedrooms, 1 full bath, 1400 square feet. Rent includes sewerage disposal, trash removal, snow removal. No pets.

450 Rock, Fall River, MA

$1000, 2 bedrooms: 450 Rock, Fall River, MA

2 bedrooms, 1.5 baths, townhouse style condo in Carr Osborn Condo Complex. 2 parking spaces, central AC, washer/dryer and refrigerator included, grounds maintenance.

Visit the Fall River Real Estate website to stay updated on the newest listings for Fall River apartments. If you’re in the market to buy or sell a home within Fall River real estate, browse the website for an extensive collection of tips or contact realtor Marguerite Cashman directly.


10

07 2010

Short Sales and Foreclosures of Fall River Real Estate

Check out the latest short sales and foreclosures in Fall River real estate. You can find details on all of these properties, and many more short sales and foreclosures, by visiting Fall River Real Estate on the web.

Fall River SHORT SALE

Fall River Short Sale

6 Hutton St, Fall River, MA – SHORT SALE

$239,000

3 bed, 1.5 baths

Built in 2006 and located in the Historical Highlands neighborhood.

Fall River Foreclosure

Fall River Foreclosure

280 Joseph Drive, Fall River, MA – FORECLOSURE

$229,000

3 bed, 1.5 baths

Central air and an inground pool!

Fall River 3 Family Short Sale

Fall River 3-Family Short Sale

1179 Dwelly St, Fall River, MA – SHORT SALE

$179,900

9 bedrooms, 3 baths

Three-family investment opportunity, a large yard, off street parking.

Find details on all of these properties by visiting Fall River Real Estate on the web.


10

05 2010

Fall River Real Estate’s Featured Homes

Get started on the process of hunting for Fall River real estate by taking a look at some of the featured homes of Fall River real estate. For information on these Fall River properties, visit top Fall River real estate agent Marguerite Cashman on the web or contact her directly at 508 676-7600.

657 Highland Avenue, Fall River, MA

657 Highland Avenue, Fall River, MA

$449,888

657 Highland Avenue, Fall River, MA

7 bedrooms, 2 full baths.

28 different imported woods were used in the woodwork and carvings. The home extends to a separate structure, a “Tea Room”. There is an in-ground pool.

702 Locust Street, Fall River, MA

702 Locust Street, Fall River, MA

$249,888

702 Locust Street, Fall River, MA

4 bedrooms, 2 full baths.

2 family investment property. Right across from a park! Both units have parlors, formal dining rooms, eat-in kitchens, and 2 bedrooms. 2 car detached garage.

Take a look at more featured listings and visit the Fall River real estate website to see a full list of all Fall River MLS listings.


Investment Properties of Fall River Real Estate

Now might be a good time to check out the foreclosures and short sales of investment properties in Fall River. All of the multi-family homes below can be purchased for under $200,000. An investment property offers the opportunity to supplement your income by renting out a portion of the house to another family. For more information regarding these properties, please contact Fall River real estate agent Marguerite Cashman via her Arrow Realty Group website. To see dozens of other properties like these, browse the Fall River MLS listings on Marguerite’s website.

FORECLOSURE: 251 Pine Street, Fall River MA. 9 bed 5 bath.

FORECLOSURE: 251 Pine Street, Fall River MA. 9 bed 5 bath.

SHORT SALE: 20 Wiley Street, Fall River MA. 6 bed 3 bath.

SHORT SALE: 20 Wiley Street, Fall River MA. 6 bed 3 bath.

SHORT SALE: 729 Second Street, Fall River MA. 8 bed 5 bath.

SHORT SALE: 729 Second Street, Fall River MA. 8 bed 5 bath.

FORECLOSURE: 22 Flint Street, Fall River MA. 6 bed 3 bath.

FORECLOSURE: 22 Flint Street, Fall River MA. 6 bed 3 bath.

These are only a few listings of many more up on Marguerite Cashman’s Greater Fall River Real Estate website. In addition to real estate in Fall River, Marguerite also covers Swansea real estate, Somerset real estate, and Tiverton RI real estate. See her MLS listings for a full list of all properties on the market in these areas.


Catholic Schools in Fall River MA

If you’re looking for homes in Massachusetts that are located close to Catholic private schools for your children or future children, real estate in Fall River offers plenty of options. There are a number of Catholic schools in Fall River MA.

Bishop Connolly High School is a Catholic coeducational private high school located at 373 Elsbree Street. Tuition assistance is available. The average class size is 22 to 25 students, with Honors classes averaging about 15 to 18 students. 23 different interscholastic sports are offered to students year-round.

Saints Peter and Paul School is a pre-K through Grade 8 private Catholic school located at 240 Dover Street. A maximum of 25 students is allowed for each class. The Good Shepherd Program is a new tuition assistance program for SPPS students and their families.

Holy Trinity R.C. School is another pre-K through Grade 8 private Catholic School, located at 64 Lamphor Street. It is a small school serving just over 200 students.

Another small school is the Holy Name School, located at 850 Pearce Street. The school also serves just over 200 students from pre-K to Grade 9.

Saint Anne Elementary School is located at 240 Forest Street, and teaches students from pre-K to Grade 8.

For a full list of all Catholic schools in Fall River, private schools in Fall River, and public schools in Fall River, visit Arrow Realty Group’s website. Arrow Realty Group of Fall River is a full service office, specializing in all areas of real estate sales, general brokerage, buyer brokerage, Fall River relocation, commercial, investment properties, real estate counseling and property market analysis.


18

01 2010

Fall River Public Schools Participate in City Government

The city of Fall River has turned to the individuals that are affected most by school policies — the students themselves. Thirteen students have been selected from B.M.C Durfee and Diman Regional Vocational Technical high schools to participate in this new student involvement program. Seven of the students will be distributed across four different school committees, with six to act as alternates. The students are encouraged to speak at meetings, though they will have no voting power.

To the students, Mayor of Fall River Will Flanagan stated “Ask as many questions as possible and learn as much as you can. Get involved as much as you can.”

The program is reciprocal in that it will allow a group of students to experience everyday municipal government, and it will provide fresh insight to those that regularly participate in the meetings.

The launch of the program has spurred even more interest in student involvement. Because the city boards are currently full, program organizers are seeking other organizations and agencies who would like to invite students to participate. A recent Bishop Connolly High School graduate was recently invited to the Community Development Recreation board.

If you are looking to relocate to Massachusetts, consider browsing the homes in Fall River, MA. There are many perks to buying Fall River real estate that you and your family could enjoy. For more information about real estate in Fall River, visit Arrow Realty Group on the web, where you can browse the MLS listings of the gorgeous homes for sale in Fall River.





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