1240-1246 N Main St Fall River, MA 02720
Western Fall River NeighborhoodEstimated payment $13,309/month
Highlights
- Marina
- Medical Services
- Corner Lot
- Golf Course Community
- Property is near public transit
- Jogging Path
About This Home
1240-1246 N Main Street consists of a three-story building, containing fifteen (15), 2-Bedroom/1 Bathroom residential units with 11,423 square feet of living area in 15,983 square feet of total gross area on a 0.16-acre corner parcel. The well-maintained Property features a new roof and offers upside potential as current occupants are tenants-at-will and in-place rents are below market rates for comparable units in the area. Each unit is separately metered for electric, gas fired heat and gas fired hot water, which the tenants pay directly. Landlord is responsible for common area electric and domestic water and sewer. The Property is well-located on the corner of Hood Street and N Main Street in Fall River’s north end, along the municipal bus-line with a stop in front of the Property, and benefits from its proximity to the Fall River Depot (the new MBTA Train Station with direct service to Boston), 0.4-miles away.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,053
Year Built
- Built in 1900
Lot Details
- 6,969 Sq Ft Lot
- Corner Lot
Home Design
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 11,423 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 30 Bedrooms
- 15 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Separate Meters
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 2836846
Community Details
Overview
- 15 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Park
- Jogging Path
Building Details
- Operating Expense $88,072
- Net Operating Income $175,389
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Pending | -- | -- | -- |
| 08/27/2025 08/27/25 | Price Changed | $2,200,000 | -4.3% | $193 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $2,300,000 | -4.2% | $201 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $2,400,000 | +51.9% | $210 / Sq Ft |
| 10/13/2022 10/13/22 | Sold | $1,580,000 | +7.1% | $130 / Sq Ft |
| 08/20/2022 08/20/22 | Pending | -- | -- | -- |
| 08/10/2022 08/10/22 | For Sale | $1,474,999 | -- | $122 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73401466
APN: FALL M:0S-12 B:0000 L:0043
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