$1,379,000
62 Morton St
Fall River, MA, 02720
8-UNIT CASH COW WITH STRONG INCOME & UPSIDE POTENTIAL! Excellent investment opportunity in Fall River featuring 8 well-maintained residential units with a proven rental history, stable income, and long-term tenants! The building consists of five 2-bedroom apartments, two 3-bedroom apartments, and one 1-bedroom apartment, offering a desirable unit mix totaling 17 bedrooms. All units have separately metered electric and individual heating systems, with tenants responsible for their own utilities. Off-street parking accommodates approximately 6–8 vehicles. New Roof approx. 2019. Currently generating $146,940 in annual gross rental income with approximately $116,572 in net income! Many tenants have not received rent increases since 2024 presenting an opportunity for future income growth. Most units are occupied by tenants at will providing additional flexibility for the next owner. 62 Morton st is a well-maintained, income-producing asset with established tenancy and excellent investment potential! Group showings begin this weekend. Call to schedule!
Property Details
Price:
$1,379,000
MLS #:
73595734
Status:
Active
Beds:
17
Baths:
8
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Oct 27, 2026
Finished Sq Ft:
5,570
Total Sq Ft:
5,570
Lot Size:
7,396 sqft / 0.17 acres (approx)
Year Built:
1900
Units:
8
Schools
Interior
Above Grade Finished Area
5570
Appliances
Washer, Dryer
Bathrooms
8 Full Bathrooms
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School
Fencing
Fenced/Enclosed
Lot Features
Cleared, Level
Open Parking Spaces
8
Parking Spots
8
Parking Total
8
Stories
5
Financial
Tax Year
2026
Taxes
$12,175
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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Map
Current real estate data for Multi Family in Fall River as of Nov 08, 2026
134
Multi Family Listed
182
Avg DOM
216
Avg $ / SqFt
$777,954
Avg List Price
Community
- Address62 Morton St Fall River MA
- CityFall River
- CountyBristol
- Zip Code02720
Subdivisions in Fall River
Similar Listings Nearby
Property Summary
- 62 Morton St Fall River MA is a Multi Family for sale in Fall River, MA, 02720. It is listed for $1,379,000 To schedule a showing of MLS#73595734 at 62 Morton St in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Keller Williams Realty Boston South West. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
62 Morton St
Fall River, MA