305 Fourth Street
Fall River, MA 02721
- 8 beds
- 6 baths
- 4,325 sqft
- 4,650 sqft lot
- $184 per sqft
- 1900 build
- – on site
Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don’t miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there’s significant opportunity to increase cash flow. The 6 well-maintained units are ideal for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don’t miss out—schedule a showing today! Buy as a package deal with MLS# 73350103
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Last updated Mar 26, 2025
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MLS# 73350104 —
The Building
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Year Built:1900
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Year Built Details:Approximate
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Year Built Source:Public Records
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Construction Materials:Frame
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Roof:Other
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Basement:Full
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Foundation Details:Block
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Exterior Features:Rain Gutters
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Levels:9
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Stories Total:9
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Stories:9
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# of Units Total:6
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Building Area Total:4325
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:17
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Flooring:Wood
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Fireplace:false
Room Dimensions
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Living Area:4325
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Living Area Source:Public Record
Location
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Directions:GPS
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Latitude:41.696494
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Longitude:-71.156575
The Property
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Parcel Number:2828081
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Property Type:Residential Income
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Property Subtype:5-9 Family
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Lot Features:Corner Lot
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Lot Size Units:Acres
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Lot Size Area:0.11
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Lot Size SqFt:4650
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Lot Size Acres:0.11
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Zoning:6 Family
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Waterview:No
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Office phone:
- (617) 208-2100
Taxes
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Tax Year:2024
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Tax Annual Amount:5634
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Tax Assessed Value:491000
Beds
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Bedrooms Total:8
Baths
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Total Baths:6
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Total Baths:6
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Full Baths:6
The Listing
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Home Warranty:false
Utilities
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Utilities:for Gas Range
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Electric:110 Volts
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/25/25
Mar 25, 2025
|
Listed / Active | MLSPIN | $799,000 |