Prime location, turnkey condition, and 20 bedrooms of rental upside, this 9-unit property in Fall River is a rare investment opportunity you don’t want to miss. Featuring two well-maintained buildings, a 4-family and a 5-family on one lot sitting just 1.5 miles from the South Coast Rail station. Located in the downtown historic district with easy access to parks, dining, shopping, and Routes I-195 & 24. The 4-family includes (2) massive 4-bedroom units and (2) 1-bedroom units; the 5-family offers (5) spacious 2-bedrooms, including one townhouse-style apartment with about 7,531 total sqft. Extensively renovated about 12 years ago including roofs, windows, siding, plumbing, electrical, interiors, heating, and fire system. All units are lead compliant with certs. Separate utilities. Most units feature newer tankless heating systems. A low-maintenance, high-upside asset ready for its next owner. Reach out to schedule a showing today!
For sale
$1,399,900
399 Bank St, Fall River, MA 02720
20beds
7,531sqft
Est.:
5-9 Family
Built in 1900
-- sqft lot
$1,333,400 Zestimate®
$186/sqft
$-- HOA
What's special
Townhouse-style apartment
- 10 days
- on Zillow |
- 332 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 12:06am
Listed by:
Zachary Midwood,
Divine Real Estate, Inc.
Source: MLS PIN,MLS#: 73383675
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 9
- Full bathrooms: 9
Appliances
- Laundry: Washer Hookup
Features
- Windows: Screens
- Basement: Full,Walk-Out Access,Interior Entry,Concrete
- Has fireplace: No
Interior area
- Total structure area: 7,531
- Total interior livable area: 7,531 sqft
- Finished area above ground: 7,531
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Exterior features: Rain Gutters
Lot
- Size: 5,708 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:0N04 B:0000 L:0061,2833180
- Zoning: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $952,200
- Annual tax amount: $10,903
- Date on market: 6/2/2025
- Total actual rent: 8850
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