Sold

302-316 Hope St, Fall River, MA

Fall River · MA 02721

$1,800,000
Price
24
Beds
9
Baths
9402
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 9 Units
Lot size: 0.32 Acre Lot
Price per square foot: $194 / Sq.Ft
Parking: 14 Off Street Spaces

About this home

Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization.Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units, making this an especially compelling

Neighborhood & Transit

302-316 Hope St, Fall River · MA 02721

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
287 days
Listing Price:
$1,825,000
Price per Sq.Ft:
$194
Tax Assessment:
$1,301,100 in 2025
Taxes:
$1,242 / Monthly

Home Facts

Interior Features

Bedrooms
24
Full Bathrooms
9
Half Bathrooms
0
Living Area
9,402 Sq.Ft
Broker Disclosure about Living Area
Living area total between two buildings. 302 = 5,523sf & 316 = 3,879sf
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
9402
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
13,926 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
14 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Adam Jaspon
Listing office
Choose Boston, LLC
MLS PIN #
73470285
Disclosure
Living area total between two buildings. 302 = 5,523sf & 316 = 3,879sf