$499,900
PENDING $50K PRICE DROP

Estimated payment $3,467/month

Total Views 5,043
-- Bed
-- Bath
5,970 Sq Ft
$84 Price per Sq Ft

Highlights

  • Medical Services
  • 1 Fireplace
  • Shops
  • Property is near public transit
  • Park
  • Coin Laundry

About This Home

Exceptional Opportunity in a Prime Downtown Location! Fully approved City of Fall River variance to convert this property into a 5-unit residential building, with proposed plans already in hand. Located on South Main St. in the heart of downtown Fall River, this versatile, open-floor-plan building offers premium visibility and is in great condition. Zoned CBD (Central Business District), the property is ideal for a wide range of uses — medical, dental, legal, spa, studio, professional office, florist, or other ventures. Features ample on-site parking, ensuring convenience for clients, tenants, and staff. With zoning that allows both commercial and residential use, this is an unbeatable opportunity for investors or owner-operators to create value in one of the city’s most visible and accessible location. Don’t miss out — schedule your tour today!

Listing Agent

Luisa Soares

Keller Williams South Watuppa Listed on: 08/11/2025

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,196

Year Built

  • Built in 1965

Lot Details

  • 8,455 Sq Ft Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 2827946

Community Details

Overview

  • 5 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,196

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1965
  • Levels: 3
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Basement: Full, Finished, Walk-Out Access
  • Above Grade Finished Sq Ft: 5322
  • Below Grade Sq Ft: 648
  • Living Area: 5970
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN3817

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2827946
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8455
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10196

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N

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

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 $10,516 $441,300 $160,500 $280,800
2024 $10,196 $425,900 $152,900 $273,000
2023 $9,637 $374,100 $127,400 $246,700
2022 $10,112 $374,100 $127,400 $246,700
2021 $9,703 $326,700 $127,400 $199,300
2020 $9,633 $314,700 $117,800 $196,900
2019 $9,700 $309,300 $117,800 $191,500
2018 $9,597 $308,400 $117,800 $190,600
2017 $6,551 $213,800 $117,800 $96,000
2016 $6,228 $213,800 $117,800 $96,000
2015 $5,988 $212,800 $117,800 $95,000
2014 $8,167 $306,100 $117,800 $188,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 Pending -- -- --
10/17/2025 10/17/25 Price Changed $499,900 -9.1% $84 / Sq Ft
08/11/2025 08/11/25 For Sale $550,000 -- $92 / 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 -- None Available
Deed $147,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Commercial
Previous Owner $50,000 Commercial
Previous Owner $50,000 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73416181

MLS Property Information Network (MLS PIN)

APN: FALL-000008I-000000-000004