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Fall River 02721
489 Spring St.
$980,000
● Multifamily - Off Market

489 Spring St.

Fall River, MA 02721
bedrooms
9 Beds
bathrooms
3 Baths
square feet
4,346 Ft²
$5,058
Est. Monthly
34.03%
Cap Rate

About This Property

Welcome to this newly built 3-family home, conveniently located on a corner lot near downtown Fall River just one block from the bus station and just over a mile to the MBTA commuter rail. Property was rebuilt from the foundation up with each unit featuring over 1,400 sq ft of living space, 3 bedrooms, 1 full bath, an open floor plan with 9' ceilings, hardwood floors, and tile in the bathrooms. Kitchens are equipped with granite countertops, center islands, and modern finishes. All units offer central A/C, security intercom system, and separate utilities. The first-floor unit includes in-unit washer/dryer hookups, making it an ideal owner-occupant option. The full basement provides storage, additional washer/dryer hookups, and rough plumbing for a future bathroom-offering excellent expansion potential. Exterior highlights include vinyl siding, a covered front porch with trex decking, and a paved driveway. A turnkey opportunity for investors or owner-occupants-don't miss it!
Unit Size
4,346 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$230
Property Type
Multifamily
Property Taxes
$147
HOA Dues
-
Year Built
1900

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Last updated: 2 years ago (MLSPIN #73391481)

Price History

Date / Event Date Event Price
Aug 18, 2025 Sold
Sold
Jul 10, 2025 In contract -
In contract
Jun 16, 2025 Listed by Paiva Real Estate Services, LLC $999,900
Listed by Paiva Real Estate Services, LLC
Feb 26, 2024 Sold
Sold
Oct 5, 2023 Sold
Sold
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Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Tandem, Paved Drive
Interior Details
Full Bathrooms: 3
Interior Features: Pantry, Storage, Open Floorplan, Laundry Room, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Stone/Granite/Solid Counters, Kitchen, Living RM/Dining RM Combo
Flooring Type: Tile, Hardwood
Rooms: 15
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Exterior Details
Square Footage: 4346
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 4346
Levels: 3
Building Area Units: Square Feet
Construction Materials: Frame, Conventional (2x4-2x6)
Patio and Porch Features: Covered
Lot Features: Corner Lot, Cleared
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3454
Tax Lot: 0021
Water Source: Public
Financial Details
Tax Map Number: 0I-10
Tax Assessed Value: $154,500
Tax Annual Amount: $1,769
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
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
20250616
06/16/2025
9 Bed
3 Bath
4346 ft²
$999,900
bedrooms
9 Bed
bathrooms
3 Bath
square feet
4346 ft²
$980,000 -1.99%
08/18/2025
Christopher Paiva
Paiva Real Estate Services, LLC
20231128
11/28/2023
8 Bed
4 Bath
3476 ft²
$282,500
bedrooms
8 Bed
bathrooms
4 Bath
square feet
3476 ft²
$320,000 +13.27%
02/26/2024
Thomas Gavin
Tom Gavin Realty

Building Info

489 Spring Street 489 Spring Street, Fall River, MA 02721
  • 1 Unit for Sale
More about this Building
489 Spring Street
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