62-64 School St Fall River MA 02720 MLS #73388392

62-64 School St
Fall River, MA, 02720
$899,995
10 Beds
5.5 Baths
4,734 SqFt
0.11 Acres
$899,995
62-64 School St
Fall River, MA, 02720
Investors & owner-occupants! 4-unit multifamily offering INSTANT CASH FLOW! Bringing in market rents—$7,400/month. Well-kept 1 & 2 bed units on 1st level. 2nd floor is a massive 3 bed/1.5 bath with double parlor (convertible to 4th bed) and mini-splits. 3rd floor boasts a clean 4 bed with large kitchen & pantry. Updated kitchens, cosmetics, appliances, electrical & separate utilities. Tenants pay gas and electric. Landlord pays water and landscaping. Prime location for commuters and enjoying Fall River’s growing waterfront. Minutes to the T Station, Charlton Hospital, downtown, waterfront parks, tennis court, marina, scenic boardwalk, multiple restaurants, breweries, cafes. Ideal Fall River investment to grow your portfolio. Turnkey and ready to collect rent!

Property Details

Price:
$899,995
MLS #:
73388392
Status:
Active Under Contract
Beds:
10
Baths:
5.5
Address:
62-64 School St
Type:
Multi Family
Subtype:
4 Family
City:
Fall River
Listed Date:
Jun 10, 2025
State:
MA
Finished Sq Ft:
4,734
Total Sq Ft:
4,734
ZIP:
02720
Lot Size:
4,953 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Ductless
Fireplaces Total
3
Flooring
Hardwood, Vinyl / V C T
Heating
Forced Air, Natural Gas, Electric, Ductless, Hot Water

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T- Station, Sidewalks
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$88,800
Tax Year
2025
Taxes
$6,833
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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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