For Sale
62 Morton St, Fall River, MA
Fall River · MA 02720
- $1,379,000
- Price
- 17
- Beds
- 8
- Baths
- 5570
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
8 Units
Lot size:
7,396 Sq.Ft Lot
Price per square foot:
$248 / Sq.Ft
Parking:
8 Off Street Spaces
About this home
8-UNIT CASH COW WITH STRONG INCOME & UPSIDE POTENTIAL! Excellent investment opportunity in Fall River featuring 8 well-maintained residential units with a proven rental history, stable income, and long-term tenants! The building consists of five 2-bedroom apartments, two 3-bedroom apartments, and one 1-bedroom apartment, offering a desirable unit mix totaling 17 bedrooms. All units have separately metered electric and individual heating systems, with tenants responsible for their own utilities. Off-street parking accommodates approximately 6–8 vehicles. New Roof approx. 2019. Currently generating $146,940 in annual gross rental income with approximately $116,572 in net income! Many tenants have not received rent increases since 2024 presenting an opportunity for future income growth. Most units are occupied by tenants at will providing additional flexibility for the next owner. 62 Morton st is a well-maintained, income-producing asset with established tenancy and excellent investment potential! Group showings begin this weekend. Call to schedule!
Neighborhood & Transit
62 Morton St, Fall River · MA 02720
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:
- 7 days
- Listing Price:
- $1,379,000
- Price per Sq.Ft:
- $248
- Tax Assessment:
- $1,060,500 in 2026
- Taxes:
- $1,015 / Monthly
Home Facts
Interior Features
- Bedrooms
- 17
- Full Bathrooms
- 8
- Half Bathrooms
- 0
- Living Area
- 5,570 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5570
- 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
- 7,396 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 8 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- 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 Stivaletta
- Listing office
- The Agency Boston
- MLS PIN #
- 73595734