48 Ridge St Fall River, MA 02721
Corky Row NeighborhoodEstimated payment $6,027/month
Highlights
- Bay View
- Property is near public transit
- Upgraded Countertops
- Landscaped Professionally
- Wood Flooring
- Window Unit Cooling System
About This Home
Opportunity for increased revenue for this rare investment opportunity! Two homes on one lot—one 3-family and one 2-family—both with beautiful Bay views. The 3-family offers spacious 3-bed, 1-bath units featuring hardwood floors, carpeting, and plenty of natural light. The 2-family includes a comfortable 3-bed, 1-bath apartment and a 2 -bed, 1 bath apartment, both with a similar mix of hardwood and carpeted flooring. All units are in move-in condition, making this property ideal for owner-occupants or investors seeking immediate rental income. Conveniently located with easy highway access, this property combines strong rental potential with scenic surroundings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,731
Year Built
- Built in 1900
Lot Details
- 5,445 Sq Ft Lot
- Fenced
- Landscaped Professionally
Property Views
- Bay
- City
- Scenic Vista
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 5,647 Sq Ft Home
- Ceiling Fan
- Living Room
- Storm Doors
Kitchen
- Range
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 14 Bedrooms
- 5 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
Parking
- 1 Car Parking Space
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Space Heater
- 5 Heating Zones
- Heating System Uses Natural Gas
- 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 1080037,2827977
Community Details
Overview
- 5 Units
- Property has 3 Levels
Amenities
- Shops
Building Details
- Insurance Expense $4,590
- Water Sewer Expense $2,100
- Operating Expense $3,600
- Net Operating Income $22,330
Map
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 | $9,731 | $849,900 | $107,800 | $742,100 |
| 2024 | $9,073 | $789,600 | $103,800 | $685,800 |
| 2023 | $8,068 | $657,500 | $85,800 | $571,700 |
| 2022 | $7,206 | $571,000 | $81,700 | $489,300 |
| 2021 | $6,600 | $477,200 | $77,700 | $399,500 |
| 2020 | $5,761 | $398,700 | $76,600 | $322,100 |
| 2019 | $5,074 | $348,000 | $73,700 | $274,300 |
| 2018 | $4,743 | $324,400 | $79,900 | $244,500 |
| 2017 | $4,395 | $313,900 | $76,100 | $237,800 |
| 2016 | $4,261 | $312,600 | $81,000 | $231,600 |
| 2015 | $4,089 | $312,600 | $81,000 | $231,600 |
| 2014 | $4,182 | $332,400 | $78,600 | $253,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $980,000 | -- | $174 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $175,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73419720
APN: FALL-000008I-000000-000037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
- 452 S Main St
- 568 2nd St
- 81 Hunter St
- 526 3rd St
- 85 Hunter St
- 337 Columbia St
- 227 Whipple St
- 223 Morgan St
- 256 Whipple St
- 162 Rodman St
- 207 Rodman St
- 271 Mulberry St
- 186 John St
- 327 William St
- 403 Division St Unit 17
- 403 Division St Unit 12
- 403 Division St Unit 18
- 403 Division St Unit 11
- 403 Division St Unit 10
- 403 Division St Unit 9
- 371 4th St Unit 1W
- 626 S Main St Unit 3 SOUTH
- 276 4th St Unit 1-4F
- 276 4th St Unit 1-6F
- 270 4th St Unit 1
- 270 4th St Unit 2-7
- 197 Rodman St Unit 2-B3
- 197 Rodman St Unit 3-C4
- 197 Rodman St Unit 1
- 186 Rodman St Unit 1
- 301 Milliken Blvd
- 700 2nd St Unit 110
- 176 Columbia St Unit 2
- 287 Hartwell St Unit 1
- 37 Berkley St Unit 2
- 770 Plymouth Ave Unit 1
- 671 Middle St Unit 13
- 76 Buffinton St Unit 3
- 170 Pleasant St
- 543 Middle St Unit 3