$1,200,000

Estimated payment $7,416/month

Total Views 1,132
9 Beds
3 Baths
4,346 Sq Ft
$276 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

Presenting 489 Spring Street in Fall River, MA, a newly constructed, distinguished 3-family property. Two out of the three units are currently vacant, making this a great investor or owner-occupant option. This attractive property was thoughfully rebuilt from the foundation up. Each unit offers an open floor plan with 3 spacious bedrooms, 9' ceilings, granite countertops, new stainless steel appliances, hardwood floors throughout, and tiled bathrooms. Each unit also features central A/C, separate utilities, and security intercom system. Conveniently located near the bus station and just a short distance from the MBTA commuter rail. Exterior features maintenance-free vinyl siding and trex decking. Truly a low maintenance, turn-key property!

Listing Agent

Joshua Frias

Lamacchia Realty, Inc. Listed on: 06/22/2026

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,929

Year Built

  • Built in 1900

Lot Details

  • 3,454 Sq Ft Lot
  • Corner Lot

Home Design

  • Shingle Roof
  • Marble or Granite Building Materials

Interior Spaces

  • 4,346 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Community Details

  • 3 Units
  • Net Operating Income $33,000

Listing and Financial Details

  • Assessor Parcel Number 2828060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,929

Year Built

Built in 1900

Lot Details

3,454 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 4346
  • Living Area: 4346
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2314

Exterior Features

  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 2828060
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3454
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 9929

Multi Family

  • Net Operating Income: 33000
  • Number Of Units Total: 3
  • Total Actual Rent: 2750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,769 $154,500 $105,900 $48,600
2024 $4,448 $387,100 $102,000 $285,100
2023 $3,948 $321,800 $84,300 $237,500
2022 $3,498 $277,200 $80,200 $197,000
2021 $3,239 $234,200 $76,300 $157,900
2020 $2,873 $198,800 $75,200 $123,600
2019 $2,649 $181,700 $72,400 $109,300
2018 $2,692 $184,100 $78,500 $105,600
2017 $2,526 $180,400 $74,800 $105,600
2016 $2,464 $180,800 $79,600 $101,200
2015 $2,365 $180,800 $79,600 $101,200
2014 $2,342 $186,200 $77,200 $109,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2026 06/22/26 For Sale $1,200,000 +22.4% $276 / Sq Ft
08/18/2025 08/18/25 Sold $980,000 -2.0% $225 / Sq Ft View Prior Sale
07/10/2025 07/10/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $999,900 +212.5% $230 / Sq Ft
02/26/2024 02/26/24 Sold $320,000 +13.3% $92 / Sq Ft View Prior Sale
01/24/2024 01/24/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $282,500 -9.5% $81 / Sq Ft
11/28/2023 11/28/23 For Sale $312,000 -- $90 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $980,000 --
Quit Claim Deed $320,000 None Available
Foreclosure Deed $263,051 None Available
Deed $115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $784,000 New Conventional
Previous Owner $180,000 Commercial
Previous Owner $176,800 Commercial
Previous Owner $125,000 Commercial
Previous Owner $60,000 Commercial
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73539650

MLS Property Information Network (MLS PIN)
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