$781,000
$1K PRICE INCREASE

Estimated payment $4,836/month

Total Views 10,296
9 Beds
6 Baths
3,425 Sq Ft
$228 Price per Sq Ft

Highlights

  • Tile Flooring
  • Baseboard Heating
  • Space Heater
  • Ceiling Fan
  • Family Room
  • Fenced

About This Home

This prime 4-family investment property at 1116-1124 North Main Street, Fall River, MA 02720 offers an excellent opportunity in a rapidly developing area. Featuring 9 bedrooms and 6 full bathrooms, the building consists of one unit with 2 bedrooms and 2 bathroom, 2 units with 2 bedrooms and 1 bathroom and the top-floor unit boasts 3 bedrooms and 2 full bathrooms. One unit (unit #1) is currently vacant and move-in ready, making it a great option for an owner-occupant or an investor looking to set their own rental terms. Conveniently located within walking distance to the new Fall River train station (opening 2025), this property is positioned for strong rental demand and future appreciation. Residents will enjoy easy access to local shops, restaurants, and waterfront attractions. This well-maintained property is perfect for investors or owner-occupants looking to capitalize on Fall River’s growing market. Don’t miss this incredible opportunity—schedule a showing today.

Listing Agent

Derek Mendes

Fortune Signature Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,077

Year Built

  • Built in 1900

Lot Details

  • 6,447 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,425 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Basement Fills Entire Space Under The House
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Rent includes unit 1(water none), unit 3(water), unit 4(water)
  • Assessor Parcel Number 2833921

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $66,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,077

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Levels: 7
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Range, Oven, Refrigerator
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Basement: Full
  • Above Grade Finished Sq Ft: 3425
  • Living Area: 3425
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN6906
  • LIST PRICE PER Sq Ft: 228.03
  • PRICE PER Sq Ft: 228.03

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Dryer, Washer Hookup
  • Heating: Baseboard, Natural Gas, Space Heater
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water,None), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2833921
  • Zoning: B-L
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6447
  • Lot Size Units: Acres
  • PAGE: 126
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6077
  • Tax Book Number: 10790

Multi Family

  • Gross Income: 66600
  • Net Operating Income: 66600
  • Number Of Units Total: 4
  • Total Actual Rent: 5550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Price Changed $781,000 +0.1% $228 / Sq Ft
03/03/2025 03/03/25 For Sale $779,900 -- $228 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73340484

MLS Property Information Network (MLS PIN)

APN: FALL M:0O-07 B:0000 L:0009