318 Broadway
$745,000
8
Beds
3
Baths
3,119
Sqft
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$745,000
8
Beds
3
Baths
3,119
Living Area
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Property Description
Seller offers $20,000 credit for rate buy-down, closing costs, pre-paids, repairs, or anything you choose! Prime 3-family investment at 318 Broadway, Fall River, MA! Priced at $745,000, this 3,119 sqft gem, built in 1900, offers 8 beds, hardwood floors, spacious living/dining rooms, pantry kitchens, separate utilities, separate gas heating, and basement storage. Next to Kennedy Park, close to MBTA and the new waterfront development in fast-growing Fall River, it features 1-2 off-street parking spaces and a low-maintenance yard. 1st & 2nd floor 3-bed units are vacant, each fetching ~$2,000/mo rent. 3rd floor has a reliable tenant in a 2-3 bed unit (lease to Mar 2026) at ~$1,700/mo, totaling up to $5,700/mo potential income. With a $755,000 Zestimate, no HOA, and flexible options to owner-occupy or select tenants, this turnkey property is a cash flow dream. Easy to show—schedule today!
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Highlights
- Heating: Baseboard, Natural Gas, Space Heater, Forced Air
- Parking Spots: 1
- Property Type: 3 Family
- Total Rooms: 18
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Basement: Full, Unfinished
- Flooring: Hardwood
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Res
- Construction: Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive
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Utilities
- Electric: Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $454,600
- Taxes: $5,205
- Tax Year: 2025
- Total Rent: $1,225
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Listing information provided courtesy of Fortified Realty Group.
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