One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner Please see MLS #: 73500571
| MLS # | 73500576 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1880 |
| Days On Site | 158 |
| Listing Provided By | Beach Homes Realty, LLC | Gilded Girls Group |
| Bath(s) | 5 |
|---|---|
| SQ Feet | 3,728 |
| Zoning | CBD |
| Acreage | 0.09 |
| Utilities | Public Water, Public Sewer |
|---|
| Tax Annual Amount | 3534.61 |
|---|---|
| Tax Lot | 0055 |
| Tax Year | 2025 |
| Tax Map Number | 01-10 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02721 |
| Area | Bristol |
| Listing VS Median (in 02721) | |
Price: $699,000 low | high Med: $427,000 sqft: 3,728 low | high Med: 1,306 $ / sqft: $188 low | high Med: $334 On site: 158 low | high Med: 48 | |
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02721 |
| Area | Bristol |
| Listing VS Median (in 02721) | |
Price: $699,000 low | high Med: $427,000 sqft: 3,728 low | high Med: 1,306 $ / sqft: $188 low | high Med: $334 On site: 158 low | high Med: 48 | |
![]() | $699,000155 Rodman StFall River, MA 02721 |
![]() | $660,000207 Rodman StFall River, MA 02721 |
![]() | $1,100,000489 SpringFall River, MA 02721 |
![]() | $600,000138 Morgan StFall River, MA 02721 |