See Home Value
Fall River 02721
305 Fourth Street
$703,500
● Multifamily - Off Market

305 Fourth Street

Fall River, MA 02721
bedrooms
8 Beds
bathrooms
6 Baths
square feet
4,325 Ft²
$4,393
Est. Monthly
2.22%
Cap Rate

About This Property

Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don't miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there's significant opportunity to increase cash flow. The 6 well-maintained units are ideal for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don't miss out-schedule a showing today! Buy as a package deal with MLS# 73350103
Unit Size
4,325 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$185
Property Type
Multifamily
Property Taxes
$470
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (MLSPIN #73350104)

Price History

Date / Event Date Event Price
Jul 1, 2025 Sold
Sold
Apr 16, 2025 In contract -
In contract
Mar 26, 2025 Listed $799,000
Listed

Property Highlights

Interior Details
Full Bathrooms: 6
Flooring Type: Wood
Rooms: 17
Basement: Full
Exterior Details
Square Footage: 4325
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 4325
Levels: 5
Building Area Units: Square Feet
Construction Materials: Frame
Lot Features: Corner Lot, Other
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4650
Water Source: Public
Financial Details
Tax Assessed Value: $491,000
Tax Annual Amount: $5,634
Utilities Details
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250326
03/26/2025
8 Bed
6 Bath
4325 ft²
$799,000
bedrooms
8 Bed
bathrooms
6 Bath
square feet
4325 ft²
$703,500 -11.95%
07/01/2025
Zachary Conley
NextGen Realty, Inc.

Building Info

305 4th Street 305 4th Street, Fall River, MA 02721
More about this Building
305 4th Street
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