318 Broadway Unit 1ST Fall River, MA 02721
Sandy Beach NeighborhoodEstimated payment $4,486/month
Total Views
7,138
8
Beds
3
Baths
3,119
Sq Ft
$239
Price per Sq Ft
Highlights
- Wood Flooring
- Forced Air Heating System
- 2-minute walk to Kennedy Park
- Porch
- Baseboard Heating
About This Home
Seller offers $20,000 credit for rate buy-down, closing costs, pre-paids, repairs, or anything you choose! Prime 3-family investment at 318 Broadway, Fall River, MA! Priced at $745,000, this 3,119 sqft gem, built in 1900, offers 8 beds, hardwood floors, spacious living/dining rooms, pantry kitchens, separate utilities, separate gas heating, and basement storage. Next to Kennedy Park, close to MBTA and the new waterfront development in fast-growing Fall River, it features 1-2 off-street parking spaces and a low-maintenance yard. 1st & 2nd floor 3-bed units are vacant, each fetching ~$2,000/mo rent. 3rd floor has a reliable tenant in a 2-3 bed unit (lease to Mar 2026) at ~$1,700/mo, totaling up to $5,700/mo potential income. With a $755,000 Zestimate, no HOA, and flexible options to owner-occupy or select tenants, this turnkey property is a cash flow dream. Easy to show—schedule today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,205
Year Built
- Built in 1900
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,119 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 1 Car Parking Space
- Driveway
- Open Parking
Utilities
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
- Baseboard Heating
- 100 Amp Service
Additional Features
- Porch
- 3,062 Sq Ft Lot
Community Details
- 3 Units
- Net Operating Income $14,400
Listing and Financial Details
- Assessor Parcel Number 2825821
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,205 | $454,600 | $105,500 | $349,100 |
| 2024 | $4,984 | $433,800 | $101,600 | $332,200 |
| 2023 | $4,361 | $355,400 | $84,000 | $271,400 |
| 2022 | $3,886 | $307,900 | $80,000 | $227,900 |
| 2021 | $3,706 | $268,000 | $76,100 | $191,900 |
| 2020 | $3,299 | $228,300 | $75,000 | $153,300 |
| 2019 | $2,829 | $194,000 | $72,200 | $121,800 |
| 2018 | $2,810 | $192,200 | $78,200 | $114,000 |
| 2017 | $2,639 | $188,500 | $74,500 | $114,000 |
| 2016 | $2,595 | $190,400 | $79,300 | $111,100 |
| 2015 | $2,490 | $190,400 | $79,300 | $111,100 |
| 2014 | $2,501 | $198,800 | $77,000 | $121,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Price Changed | $745,000 | -0.7% | $239 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $750,000 | +233.3% | $240 / Sq Ft |
| 01/17/2020 01/17/20 | Sold | $225,000 | -13.5% | $72 / Sq Ft |
| 10/17/2019 10/17/19 | Pending | -- | -- | -- |
| 10/16/2019 10/16/19 | For Sale | $260,000 | -- | $83 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $11,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | New Conventional |
Source: Public Records
Similar Homes in Fall River, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73404077
APN: FALL-000004G-000000-000073
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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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