$598,000
OPEN SAT 11AM - 1PM

770 Locust St Fall River, MA 02720

Bank Street Neighborhood

Estimated payment $3,554/month

5 Beds
3 Baths
2,285 Sq Ft
$262 Price per Sq Ft

Highlights

  • Solar Power System
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Property is near public transit
  • 2-minute walk to Ruggles Park

About This Home

This 3 family is absolutely spectacular. Excellent investment opportunity. Perfect for owner-occupant or investor seeking strong rental potential. First floor has been renovated, offering crown molding as well as remodled kitchen & bathroom with porcelain tile imported from Italy & Turkey in shower. Newer roof, brand new heating system as well as new water heater, both roughly 1 year old. Trex decking on 2nd floor deck & stairs. Vinyl siding for easy maintance. Utilities are included in rental units, however rents are below market value, (electricity is complimented with solar panels reducing electric cost). There is an existing structure in the back of the property that may qualify for an ADU, (Accessory Dwelling Unit) for potential increased income. Plumbing and electric are available to this unit. Buyer to do own due diligence. Four off street parking spaces. Ruggles Park sits right across the street giving you green space and open walking path.

Listing Agent

Gerard Martel

Goodrow Realty Group Listed on: 11/12/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,913

Year Built

  • Built in 1900

Lot Details

  • 8,054 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Range

Flooring

  • Wood
  • Pine Flooring
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

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

Eco-Friendly Details

  • Solar Power System
  • Heating system powered by active solar

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service

Listing and Financial Details

  • Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water)
  • Assessor Parcel Number 2832345

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $1,531
  • Insurance Expense $2,365
  • Water Sewer Expense $1,218
  • Operating Expense $4,871
  • Net Operating Income $26,329

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,913

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 4
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: OpenHouse
  • Stories: 4

Interior Features

  • Flooring: Tile, Laminate, Hardwood, Pine
  • Interior Amenities: Crown Molding, Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub, Open Floorplan, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom, Family Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 2285
  • Below Grade Sq Ft: 1555
  • Living Area: 2285
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: FR0002

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Composite, Patio - Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
  • Heating: Central, Baseboard, Hot Water, Natural Gas, Active Solar, Electric
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water), Unit 3(Heat,Electric,Gas,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1218

Lot Info

  • Parcel Number: 2832345
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 8054
  • Lot Size Units: Acres

Green Features

  • Green Energy Generation: Solar

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4913

Multi Family

  • Electric Expense: 1531
  • Insurance Expense: 2365
  • Net Operating Income: 26329
  • Number Of Units Total: 3
  • Operating Expense: 4871
  • Total Actual Rent: 2600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

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 $4,913 $429,100 $128,500 $300,600
2024 $4,704 $409,400 $123,600 $285,800
2023 $4,169 $339,800 $106,000 $233,800
2022 $3,700 $293,200 $96,300 $196,900
2021 $3,510 $253,800 $89,100 $164,700
2020 $3,182 $220,200 $85,300 $134,900
2019 $2,753 $188,800 $81,200 $107,600
2018 $2,551 $174,500 $79,700 $94,800
2017 $2,467 $176,200 $81,400 $94,800
2016 $2,422 $177,700 $84,700 $93,000
2015 $2,284 $174,600 $81,600 $93,000
2014 $2,337 $185,800 $85,900 $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $598,000 -- $262 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $264,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73453843

MLS Property Information Network (MLS PIN)

APN: FALL-000015M-000000-000032

Massachusetts Bristol County Fall River 02720 Bank Street

770 Locust St, Fall River, MA

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Nearby Homes
Listing Agent
Gerard Martel
Section Image
Goodrow Realty Group
(508) 456-8225