$975,000

381 Pine St Fall River, MA 02720

Lower Highlands Neighborhood

Estimated payment $5,841/month

Total Views 9,755
7 Beds
6 Baths
4,877 Sq Ft
$200 Price per Sq Ft

Highlights

  • Bay View
  • Property is near public transit
  • Balcony
  • Deck
  • Wood Flooring
  • Walk-In Closet

About This Home

Fantastic 6-Unit Investment Opportunity Near New MBTA Station & Historic District. With updated market rents this property could be producing $102,600 annually! Don’t miss your chance to own this well-maintained and thoughtfully cared-for 6-unit multifamily property, ideally located just minutes from the new MBTA station, the Historic District, and Battleship Cove. With strong cash flow potential and long-term upside, this property is a perfect fit for both investors and owner-occupants alike. Enjoy ample off-street parking behind the building, and a spacious basement offering additional storage and the potential for added income through coin-operated laundry. This is a rare opportunity in a rapidly developing area — act fast!

Listing Agent

IB-Realty Group

Cameron Prestige, LLC Listed on: 05/07/2025

Co-Listing Agent

Igor Baldyga

Cameron Prestige, LLC

Co-Listing Agent

Annette Rodriguez

Cameron Prestige, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,034

Year Built

  • Built in 1900

Lot Details

  • 6,665 Sq Ft Lot
  • Sloped Lot
  • Cleared Lot

Home Design

  • Studio
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Storage
  • Bay Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms
  • Bathtub with Shower

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0N08 B:0000 L:0070,3425201

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $250
  • Insurance Expense $3,600
  • Water Sewer Expense $2,000
  • Operating Expense $5,850
  • Net Operating Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,034

Year Built

Built in 1900

Lot Details

0

Listing Details

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

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s), Storage, Studio, Bathroom With Tub & Shower, Remodeled, Walk-In Closet(s), Other, Kitchen, Living Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Unfinished
  • Above Grade Finished Sq Ft: 3457
  • Below Grade Sq Ft: 1420
  • Living Area: 4877
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 199.92
  • PRICE PER Sq Ft: 199.92

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Electric, Other, Hot Water, Natural Gas, Baseboard
  • Cooling Y N: Yes
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Parcel Number: M:0N08 B:0000 L:0070,3425201
  • Zoning: N/A
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Sloped
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6665
  • Lot Size Units: Acres
  • PAGE: 318

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6034
  • Tax Book Number: 5650

Multi Family

  • Electric Expense: 250
  • Gross Income: 82800
  • Insurance Expense: 3600
  • Net Operating Income: 82800
  • Number Of Units Total: 6
  • Operating Expense: 5850
  • Total Actual Rent: 4700
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1
  • Waterview: Bay

Map

Range of Values:

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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 Change Sq Ft Price
05/07/2025 05/07/25 For Sale $975,000 -- $200 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73370926

MLS Property Information Network (MLS PIN)

Massachusetts Bristol County Fall River 02720 Lower Highlands

381 Pine St, Fall River, MA

This home is located at 381 Pine St, Fall River, MA 02720 and is currently priced at $975,000, approximately $199 per square foot. This property was built in 1900. 381 Pine St is a home located in Bristol County with nearby schools including Mary Fonseca Elementary School, Morton Middle School, and B M C Durfee High School.

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Nearby Homes
Listing Agent
IB-Realty Group
Cameron Prestige, LLC