1240-1246 N Main St Fall River MA 02720 MLS #73401466

1240-1246 N Main St
Fall River, MA, 02720
$2,300,000
30 Beds
15 Baths
11,423 SqFt
0.16 Acres
$2,300,000
1240-1246 N Main St
Fall River, MA, 02720
1240-1246 N Main Street consists of a three-story building, containing fifteen (15), 2-Bedroom/1 Bathroom residential units with 11,423 square feet of living area in 15,983 square feet of total gross area on a 0.16-acre corner parcel. The well-maintained Property features a new roof and offers upside potential as current occupants are tenants-at-will and in-place rents are below market rates for comparable units in the area. Each unit is separately metered for electric, gas fired heat and gas fired hot water, which the tenants pay directly. Landlord is responsible for common area electric and domestic water and sewer. The Property is well-located on the corner of Hood Street and N Main Street in Fall River’s north end, along the municipal bus-line with a stop in front of the Property, and benefits from its proximity to the Fall River Depot (the new MBTA Train Station with direct service to Boston), 0.4-miles away. Property Tours on Friday 7/18.

Property Details

Price:
$2,300,000
MLS #:
73401466
Status:
Active
Beds:
30
Baths:
15
Address:
1240-1246 N Main St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Fall River
Listed Date:
Jul 9, 2025
State:
MA
Finished Sq Ft:
11,423
Total Sq Ft:
11,423
ZIP:
02720
Lot Size:
6,969 sqft / 0.16 acres (approx)
Year Built:
1900
Units:
15

Schools

Interior

Appliances
Washer, Dryer
Bathrooms
15 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T- Station
Parking Features
Paved Drive
Parking Spots
4
Roof
Rubber

Financial

Net Operating Income
$170,919
Tax Year
2025
Taxes
$19,053
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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