REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 639,999
Est. payment /mo
Open Sat 12PM-1PM
199 Franklin St Fall River, MA 02720
9 Beds
3 Baths
3,115 SqFt
Open House
Sat Jun 27, 12:00pm - 1:00pm
Sun Jun 28, 12:00pm - 1:30pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,115 sqft
Price per Sqft $205
MLS Listing ID 73539673
Bedrooms 9
Full Baths 3
Year Built 1900
Annual Tax Amount $5,929
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 3 Family
Property Description
Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River's rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.
Location
State MA
County Bristol
Direction Use GPS
Rooms
Basement Full, Unfinished
Interior
Flooring Hardwood
Exterior
Community Features Public Transportation, Shopping, Highway Access
Roof Type Shingle
Total Parking Spaces 7
Garage No
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Virtual Tour https://my.matterport.com/show/?m=TLoTpRFkQJE&mls=1
Listed by United Brokers