$2,763,750
26
Beds
18
Baths
15,854
Living Area
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Property Description
is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 575 North Main Street in Fall River, MA. The four-story building containseighteen (18) total units comprised of eight (8) 2-Bedroom/1-Bathroomunits, four (4) 1-Bedroom/1-Bathroom units, and six (6) Studio units with15,854 square feet of gross living area in 16,416 square feet of gross area.The Property is situated upon a 0.37-acre parcel and offers twenty (25) off street parking spaces. 575 North Main Street is well-positioned along North Main Street near downtown Fall River, offering strong visibility and convenient access to surrounding residential neighborhoods. The property provides quick connections to Route 79, Route 24, and I-195, ensuring efficient regional access to Providence, Greater Boston, and the South Coast, as well as CapeCod. Nearby retail, dining, waterfront attractions, and community amenities further enhance livability.
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Highlights
- Cooling: Wall Unit(s), Individual
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1965
- Heating: Natural Gas
- Parking Spots: 25
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 38
- Status: Closed
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Additional Details
- Appliances: Oven, Dishwasher, Microwave, Refrigerator, Wine Refrigerator
- Foundation: Concrete Perimeter
- Roof: Wood
- Total Number of Units: 18
- Year Built Source: Public Records
- Construction: Brick
- Interior Features: Lead Certification Available, Laundry Room, Mudroom, Pantry, Bathroom With Tub, Storage, Living Room, Dining Room, Kitchen, Family Room
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: A-2
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Amenities
- Community Features: Public Transportation, Shopping, Park, T-Station
- Waterfront Features: Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,975,000
- Tax Year: 2025
- Total Rent: $26,419
- Rental Fee Includes: Unit 1(Heat), Unit 2(Heat), Unit 3(Heat), Unit 4(Heat)
- Taxes: $23,211
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Listing information provided courtesy of Key Prime Realty LLC.
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