305 Fourth Street Fall River MA 02721 MLS #73350104

305 Fourth Street
Fall River, MA, 02721
$799,000
8 Beds
6 Baths
4,325 SqFt
0.11 Acres
$799,000
305 Fourth Street
Fall River, MA, 02721
Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don’t miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there’s significant opportunity to increase cash flow. The 6 well-maintained units are ideal for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don’t miss out—schedule a showing today! Buy as a package deal with MLS# 73350103

Property Details

Price:
$799,000
MLS #:
73350104
Status:
Active Under Contract
Beds:
8
Baths:
6
Address:
305 Fourth Street
Type:
Multi Family
Subtype:
5-9 Family
City:
Fall River
Listed Date:
Mar 26, 2025
State:
MA
Finished Sq Ft:
4,325
Total Sq Ft:
4,325
ZIP:
02721
Lot Size:
4,650 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
6

Schools

Interior

Bathrooms
6 Full Bathrooms
Flooring
Wood

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University, Other
Construction Materials
Frame
Exterior Features
Rain Gutters, Other
Roof
Other

Financial

Net Operating Income
$70,065
Tax Year
2024
Taxes
$5,634
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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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305 Fourth Street
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