$1,500,000

Estimated payment $9,093/month

Total Views 3,750
20 Beds
8 Baths
7,686 Sq Ft
$195 Price per Sq Ft

Highlights

  • Property is near public transit and schools
  • Park
  • Shed
  • Living Room
  • Shops
  • Tile Flooring

About This Home

Invest in Fall River! Well-maintained 8-unit property spanning four levels, offering four 3-bedroom units and four 2-bedroom units. Each spacious unit has seen updates, including improvements to common areas, kitchens and baths. All units feature baseboard heating and individually metered electric for added convenience and efficiency. Property includes off-street parking for eight vehicles and is ideally located near highway access, parks, and schools. Seller to install a new aluminum fire escape prior to closing. Current NOI exceeds $117K with additional upside potential. Also available as a package with an additional 6-unit property (see MLS #73481452).

Listing Agent

Christopher Paiva

Paiva Real Estate Services, LLC Listed on: 03/02/2026

Co-Listing Agent

Fred Grizotte

Paiva Real Estate Services, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,181

Year Built

  • Built in 1900

Lot Details

  • 6,220 Sq Ft Lot
  • Fenced
  • Cleared Lot

Home Design

  • Manufactured Home on a slab
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,686 Sq Ft Home
  • Living Room
  • Range with Range Hood

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Paved Parking
  • 8 Open Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • Property is near public transit and schools

Utilities

  • 8 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • 60 Amp Service

Listing and Financial Details

  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water hot water)
  • Tax Lot 0041
  • Assessor Parcel Number 2829457

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Insurance Expense $7,568
  • Water Sewer Expense $5,888
  • Operating Expense $27,686
  • Net Operating Income $117,274

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,181

Year Built

Built in 1900

Lot Details

6,220 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Tile, Carpet
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Range Hood
  • Total Bedrooms: 20
  • Basement YN: No
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Above Grade Finished Sq Ft: 7686
  • Living Area: 7686
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN1801

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter, Slab
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Heating: Baseboard, Natural Gas
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 8
  • HEAT ZONES: 8
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water), Unit 4(Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5888

Lot Info

  • Parcel Number: 2829457
  • Zoning: A2
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6220
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 12181.43
  • Tax Block: 0000
  • Tax Lot: 0041

Multi Family

  • Insurance Expense: 7568
  • Net Operating Income: 117274
  • Number Of Units Total: 8
  • Operating Expense: 27686
  • Total Actual Rent: 12080
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,869 $949,300 $108,500 $840,800
2024 $9,661 $840,800 $104,500 $736,300
2023 $6,220 $506,900 $86,300 $420,600
2022 $5,430 $430,300 $82,200 $348,100
2021 $4,955 $358,300 $78,200 $280,100
2020 $4,274 $295,800 $77,100 $218,700
2019 $3,905 $267,800 $74,200 $193,600
2018 $3,715 $254,100 $80,400 $173,700
2017 $3,504 $250,300 $76,600 $173,700
2016 $3,380 $248,000 $81,600 $166,400
2015 $3,244 $248,000 $81,600 $166,400
2014 $3,249 $258,300 $79,200 $179,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2026 03/02/26 For Sale $1,500,000 +66.7% $195 / Sq Ft
10/17/2022 10/17/22 Sold $900,000 +2.9% $123 / Sq Ft View Prior Sale
03/07/2022 03/07/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $874,900 -- $120 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73481453

MLS Property Information Network (MLS PIN)
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