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62-64 School St

Fall River, MA 02720
$900,000
10 Beds
5/1 Baths
4,734 Living Area
  • Property Description
    Investors & owner-occupants! 4-unit multifamily offering INSTANT CASH FLOW! Bringing in market rents—$7,400/month. Well-kept 1 & 2 bed units on 1st level. 2nd floor is a massive 3 bed/1.5 bath with double parlor (convertible to 4th bed) and mini-splits. 3rd floor boasts a clean 4 bed with large kitchen & pantry. Updated kitchens, cosmetics, appliances, electrical & separate utilities. Tenants pay gas and electric. Landlord pays water and landscaping. Prime location for commuters and enjoying Fall River's growing waterfront. Minutes to the T Station, Charlton Hospital, downtown, waterfront parks, tennis court, marina, scenic boardwalk, multiple restaurants, breweries, cafes. Ideal Fall River investment to grow your portfolio. Turnkey and ready to collect rent!
  • Highlights
    • Cooling: Ductless
    • Levels: 5
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1900
    • Heating: Forced Air, Natural Gas, Electric, Ductless, Hot Water
    • Parking Spots: 2
    • Property Type: 4 Family
    • Total Rooms: 27
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Fireplaces: 3
    • Foundation: Other
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate, Renovated Since
    • Zoning: A-2
    • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
    • Exterior Features: Rain Gutters
    • Flooring: Hardwood, Vinyl / VCT
    • Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Upgraded Cabinets, Remodeled, Living Room, Kitchen, Mudroom, Dining Room, Family Room
    • Roof: Shingle
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
    • Parking Features: Paved Drive, Off Street, Paved
  • Utilities
    • Electric: Circuit Breakers, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $596,800
    • Tax Year: 2025
    • Total Rent: $7,400
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
    • Taxes: $6,833

Location

62-64 School St, Fall River, MA 02720

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Real Broker Ma, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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