344-354 E Main Street, Fall River, MA 02724
344-354 E Main Street, Fall River, MA 02724
344-354 E Main Street, Fall River, MA 02724
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Anastasia Kaufman

Anastasia Kaufman

+1(401) 338-2749
$1,200,000
Est. payment /mo
21 Beds
8 Baths
11,457 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 11,457 sqft

Price per Sqft $104

MLS Listing ID 73477536

Bedrooms 21

Full Baths 7

Half Baths 2

Year Built 1909

Annual Tax Amount $10,479

Tax Year 2026

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5-9 Family

Property Description

Check out this solid income-producing 10-unit mixed-use building in Fall River with strong cash flow and serious upside potential. The property includes seven 3-bedroom residential units, all fully occupied. Five of the units have been recently updated, making them attractive to tenants and positioning the property well for future rent growth. Three-bedroom apartments are always in demand, helping maintain stable occupancy. On the first floor, public record shows three commercial units. One is currently leased and operating as a business, while the remaining two commercial units have been combined and are presently used for owner storage, presenting a prime opportunity for repositioning. The property is currently generating approximately $100,000 in annual NOI, with room to conservatively increase rents by an additional $45,000 per year. If you're looking for a strong, cash-flowing asset with upside in a growing market, this one checks the boxes.

Location

State MA

County Bristol

Zoning B-L

Direction Please use GPS

Rooms

Basement Full, Walk-Out Access, Interior Entry, Sump Pump, Concrete

Interior

Interior Features Laundry Room

Flooring Vinyl, Varies, Laminate, Hardwood

Appliance Washer, Dryer

Exterior

Community Features Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Sidewalks

Utilities Available for Gas Range, for Gas Oven

View Y/N Yes

View City View(s)

Roof Type Rubber

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Story 4

Foundation Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Amaral & Associates RE

Nearby School & Business

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Anastasia Kaufman

Anastasia Kaufman

+1(401) 338-2749

Agent | s30447

Agent s30447

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