$1,407,000
SOLD JUL 1, 2025
16 Beds
12 Baths
4,325 Sq Ft
6,970 Sq Ft

Recently Sold

$325 Per Sq Ft

6% Below List Price

21 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Jogging Path
  • Property is near public transit and schools
  • Corner Lot
  • Park

About This Home

As of July 2025

Incredible Investment Opportunity: Best Priced 12 Units in Fall River! Don't miss out on this amazing opportunity to own the best-priced 12-unit property in Fall River! Located just minutes from the newly opened train station, this property offers tremendous earning potential in a rapidly developing area. Currently generating $14,000 per month in rental income with some rents significantly under market value, there’s great opportunity to increase cash flow. The 12 well-maintained units are poised for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, providing extra income potential. With a prime location near commuter rail access and significant upside potential, this property is perfect for any investor looking for long-term growth. Don’t wait—schedule a showing today!

Last Agent to Sell the Property

Zachary Conley

NextGen Realty, Inc. Listed on: 03/26/2025

Last Buyer's Agent

Jason Francis

Byrnes Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,493

Year Built

  • Built in 1900

Lot Details

  • 6,930 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,325 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • Rain Gutters
  • Property is near public transit and schools
  • 110 Volts

Listing and Financial Details

  • Total Actual Rent $14,250

Community Details

Overview

  • 12 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $8,235
  • Water Sewer Expense $6,389
  • Operating Expense $35,905
  • Net Operating Income $135,095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,493

Year Built

Built in 1900

Lot Details

6,930 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 16
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Basement: Full
  • Above Grade Finished Sq Ft: 4325
  • Living Area: 4325
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: BB9279
  • MAIN SO: BB9279

Exterior Features

  • Exterior Features: Rain Gutters, Other
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block, Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Other
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: 110 Volts, Other (See Remarks)
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 6389

Lot Info

  • Zoning: 12 Units
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Other
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6930
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10493

Multi Family

  • Insurance Expense: 8235
  • Net Operating Income: 135095
  • Number Of Units Total: 12
  • Operating Expense: 35905
  • Total Actual Rent: 14250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 2
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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
07/01/2025 07/01/25 Sold $1,407,000 -6.2% $325 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $1,500,000 -- $347 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73350103

MLS Property Information Network (MLS PIN)
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