Active
2 Days on market
170` Locust Fall River — Photo 1 of 9

170` Locust Fall River — Photo 1 of 9

$1,525,000

Investment Analysis — 170` Locust

Fall River, MA 02770

Based on rent reported on the MLS listing, a 4-unit multi-family in 02770 carries $8,500/mo in gross rent — about a 4.36% cap rate and $66,511/yr in estimated NOI at the $1,525,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

16

Baths

8

SqFt

6,759

Style

4 Family - 4 Units Side by Side

Built

1991

Presenting an exceptional multi-family property at 170 Locust, Fall River, MA, meticulously constructed in 1991. This expansive 6,759 square foot residence, in a ready-to-move-in condition, offers a compelling opportunity for discerning investors or those seeking a substantial primary residence with income potential. The property encompasses a remarkable sixteen bedrooms, providing extensive accommodation options. Each of these spaces offers versatility, suitable for private living quarters, home offices, or dedicated recreational areas, catering to a diverse range of needs. These facilities ensure comfort and convenience for all occupants, reflecting a design focused on practical living. Across its three distinct stories, the property provides a well-defined separation of spaces, enhancing privacy and functionality. This vertical distribution allows for varied living arrangements and maximizes the utilization of the generous 4,029 square foot lot. Stunning sunsets and Waterview's from the decks and private balconies. Less than a mile from the revitalized up and coming Boardwalk waterfront district and only a half mile from the new train station. Endless possibilities with this property. This inviting home represents a significant real estate opportunity, meriting a detailed personal viewing to fully appreciate its scale and potential. Seller to install brand new roof prior to closing.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,525,000
Annual Taxes$11,009.32

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms24
FireplacesNone
FlooringWood, Tile, Hardwood, Stone/Ceramic Tile
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingNatural Gas, Unit Control
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres0.09
SqFt Lot4,029
Lot Features--

Amenities & Appliances

Range • Microwave • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Nicholas P. Ozug

Listing Office: Cheryl Darnbrough Real Estate

MLS® Number: 73577591