801 N Main St Fall River, MA 02720
Lower Highlands NeighborhoodEstimated payment $6,362/month
Highlights
- Marina
- Deck
- Balcony
- Water Views
- Recreation Facilities
- 1 Car Attached Garage
About This Home
799 809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River's most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collections, the asset offers immediate upside through lease-up and rent alignment. Recent Navien high-efficiency boiler systems reduce future capital expenditure and improve operational efficiency, making this a true plug-and-play investment with stable cash flow and defined upside.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1882
Parking
- 1 Car Attached Garage
Interior Spaces
- 8,766 Sq Ft Home
- 3-Story Property
- Water Views
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 9 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Balcony
- Deck
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- 7,114 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 0012
- Assessor Parcel Number 801MAINSTFRIV
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Recreation Facilities
Building Details
- Operating Expense $20,491
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 | $0 | $449,000 | $156,300 | $292,700 |
| 2024 | $0 | $410,200 | $149,000 | $261,200 |
| 2023 | $0 | $337,600 | $124,200 | $213,400 |
| 2022 | $3,858 | $305,700 | $124,200 | $181,500 |
| 2021 | $0 | $275,300 | $124,200 | $151,100 |
| 2020 | $4,654 | $237,000 | $114,800 | $122,200 |
| 2019 | $0 | $229,700 | $114,800 | $114,900 |
| 2018 | $0 | $225,000 | $114,800 | $110,200 |
| 2017 | -- | $235,900 | $114,800 | $121,100 |
| 2016 | -- | $232,200 | $114,800 | $117,400 |
| 2015 | -- | $232,200 | $114,800 | $117,400 |
| 2014 | -- | $238,800 | $114,800 | $124,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2026 04/19/26 | For Sale | $1,200,000 | -- | $137 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $437,000 | None Available | |
| Foreclosure Deed | $437,000 | None Available | |
| Foreclosure Deed | $437,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $200,000 | -- | |
| Deed | $200,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $349,600 | New Conventional | |
| Closed | $349,600 | New Conventional | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Source: State-Wide MLS
MLS Number: 1410407
APN: FALL-000010O-000000-000012
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