$1,250,000
SOLD APR 11, 2025

181 Division St Fall River, MA 02721

Sandy Beach Neighborhood
18 Beds
6 Baths
6,102 Sq Ft
8,037 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Corner Lot
  • 1 Car Garage
  • 5-minute walk to Kennedy Park

About This Home

As of April 2025

Turnkey 6-Family Investment Property – Fully Rented with Strong Cash Flow!An incredible investment opportunity awaits with this fully rented six-family property, generating a gross monthly income of $11,650! Located just minutes from downtown Fall River, this well-maintained building features updated units and brand-new windows for improved energy efficiency. Each unit offers a functional layout, ample natural light, and desirable updates, making it easy to attract and retain tenants. The property is situated in a high-demand rental area, with easy access to major highways, public transportation, shopping, dining, and the exciting developments in Fall River’s waterfront district. Whether you’re a seasoned investor or looking to expand your portfolio, this income-producing property delivers strong rental returns with minimal upkeep. Don’t miss out on this prime multi-family investment!Financials and rent roll available upon request. Schedule your private showing today!

Last Agent to Sell the Property

Ronald Rene

Vicente Realty, LLC Listed on: 03/09/2025

Last Buyer's Agent

Emmanuella Renelique

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 1900

Lot Details

  • 8,037 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • 6,102 Sq Ft Home
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $11,650
  • Assessor Parcel Number M:0G03 B:0000 L:0032,2825707

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $120,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,655

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 9
  • Year Built Details: Unknown/Mixed
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 18
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 6102
  • Living Area: 6102
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN1033
  • MAIN SO: AN2383

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0G03 B:0000 L:0032,2825707
  • Zoning: A-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 8037
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6655

Multi Family

  • Net Operating Income: 120600
  • Number Of Units Total: 6
  • Total Actual Rent: 11650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 3: 2
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $1,250,000 -3.8% $205 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/09/2025 03/09/25 For Sale $1,300,000 +160.0% $213 / Sq Ft
11/17/2021 11/17/21 Sold $500,000 +8.1% $82 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $462,500 -- $76 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Ronald Rene

    Vicente Realty, LLC

    Section Image
  • Emmanuella Renelique

    Buyer's Agent in 2025

    Emmanuella Renelique

    Compass

    (617) 930-0457

    3 in this area

    61 Total Sales

    Emmanuella Renelique
    Section Image

  • A

    Seller's Agent in 2021

    Alicia Botelho

    Keller Williams Elite

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73343153

MLS Property Information Network (MLS PIN)
Massachusetts Bristol County Fall River 02721 Sandy Beach

181 Division St, Fall River, MA

Sold

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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