Sold

862 Locust St, Fall River, MA

Fall River · MA 02720

$570,000
Price
6
Beds
3
Baths
2519
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 4,072 Sq.Ft Lot
Price per square foot: $238 / Sq.Ft
Parking: No Parking

About this home

Welcome to 862 Locust Street, your first potential investment property! This three unit multi-family property includes all two bed one bath units that offer comfortable and functional living space. Situated next to amenities such as parks, schools and highway access to ensure convenience. This home is an ideal opportunity for first-time investors or those seeking to transition from renter to investor, living in one unit while renting out the others. All units have separate utilities. Current rents are below the market. This property has potential for added value and income with some updates. This three-family property is currently undergoing a full exterior facelift. The building is being freshly repainted, with all exterior woodwork, soffits, and trim updated. The entire exterior will be completely renewed and finished prior to closing, offering the new owner a beautifully refreshed, move in ready building.

Neighborhood & Transit

862 Locust 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:
302 days
Listing Price:
$599,998
Price per Sq.Ft:
$238
Tax Assessment:
$417,900 in 2025
Taxes:
$399 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,519 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2519
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Other (See Remarks), Individually Metered

Exterior Features

Lot Size
4,072 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

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
Nicole Rusin
Listing office
Lamacchia Realty, Inc.
MLS PIN #
73444932
Disclosure
This property is being sold by the property owner, who is also a licensed Realtor.