Sold
344-354 E Main St, Fall River, MA
Fall River · MA 02724
- $1,150,000
- Price
- 21
- Beds
- 8
- Baths
- 11457
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1909
Units:
10 Units
Lot size:
5,632 Sq.Ft Lot
Price per square foot:
$105 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
Check out this solid income-producing 10-unit mixed-use building in Fall River with strong cash flow and serious upside potential. The property includes seven 3-bedroom residential units, all fully occupied. Five of the units have been recently updated, making them attractive to tenants and positioning the property well for future rent growth. Three-bedroom apartments are always in demand, helping maintain stable occupancy. On the first floor, public record shows three commercial units. One is currently leased and operating as a business, while the remaining two commercial units have been combined and are presently used for owner storage, presenting a prime opportunity for repositioning. The property is currently generating approximately $100,000 in annual NOI, with room to conservatively increase rents by an additional $45,000 per year. If you?re looking for a strong, cash-flowing asset with upside in a growing market, this one checks the boxes.
Neighborhood & Transit
344-354 E Main St, Fall River · MA 02724
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:
- 260 days
- Listing Price:
- $1,200,000
- Price per Sq.Ft:
- $105
- Tax Assessment:
- $767,300 in 2026
- Taxes:
- $873 / Monthly
Home Facts
Interior Features
- Bedrooms
- 21
- Full Bathrooms
- 7
- Half Bathrooms
- 2
- Living Area
- 11,457 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 11457
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Fuses, Circuit Breakers, Individually Metered, Varies per Unit
Exterior Features
- Lot Size
- 5,632 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Derick Freitas
- Listing office
- Amaral & Associates RE
- MLS PIN #
- 73477536
- Disclosure
- All information is deemed reliable but not guaranteed. Buyers and their agents are advised to verify all details and conduct their own due diligence. Some photos are altered.