Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization.Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units, making this an especially compelling
- Parking:
- Off Street, Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Market Time:
- 1
- Parking Spaces:
- 14
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $194
- Zoning:
- N/A
- No Units:
- 9
- Orig Price:
- $1,825,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Fall River
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02721
- Longitude:
- W72° 50' 10.4''
- Latitude:
- N41° 41' 55''
Residential Income
302-316 Hope Street, Fall River, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,825,000
- Bedrooms :
- 24
- Rooms :
- 45
- Total Bathrooms :
- 9
- Full Bathrooms :
- 9
- Square Footage :
- 9,402 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.32 Acre
- Listing ID :
- 73470285
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com