Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River’s rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.
- Basement:
- Full, Unfinished
- Parking:
- Off Street, Paved, Paved Drive
- Construction:
- Frame
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Market Time:
- 1
- Parking Spaces:
- 7
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $205
- Zoning:
- N/A
- No Units:
- 3
- Orig Price:
- $639,999
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Fall River
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02720
- Longitude:
- W72° 50' 54.5''
- Latitude:
- N41° 42' 9.9''
Residential Income
199 Franklin St, Fall River, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $639,999
- Bedrooms :
- 9
- Rooms :
- 15
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,115 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73539673
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com