631 Walnut St Fall River MA 02720 | MLS #73569765

631 Walnut St
Fall River, MA, 02720
$699,999
12 Beds
3 Baths
2,833 SqFt
0.06 Acres
$699,999
631 Walnut St
Fall River, MA, 02720
MLS #73569765 image #0
Fantastic Three-Family Opportunity in Fall River’s Highlands! This spacious multifamily offers a great opportunity for investors or owner-occupants, complete with two off-street parking spaces. The first-floor unit has been tastefully renovated, featuring a brand-new bathroom gutted to the studs, freshly sanded hardwood floors, new LVP flooring in the living room, kitchen and bathroom, and some new windows. Additional improvements include a new hot water heater and some updated electrical. A walkout basement offers exciting potential for future expansion, subject to proper approvals. With three units, recent updates, parking, and room to add value, this is a great opportunity to build equity and generate rental income in a desirable Highlands location.

Property Details

Price:
$699,999
MLS #:
73569765
Status:
Active Under Contract
Beds:
12
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Aug 29, 2026
Finished Sq Ft:
2,833
Total Sq Ft:
2,833
Lot Size:
2,613 sqft / 0.06 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Above Grade Finished Area
2833
Appliances
Range, Refrigerator, Range Hood
Bathrooms
3 Full Bathrooms
Flooring
Hardwood
Heating
Baseboard, Natural Gas, Electric
Interior Features
Living Room, Living RM/Dining RM Combo, Kitchen
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
Construction Materials
Frame
Fencing
Fenced/Enclosed
Lot Features
Corner Lot
Open Parking Spaces
2
Open Parking YN
1
Parking Features
Off Street, Paved
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch
Roof
Shingle
Stories
3

Financial

Net Operating Income
$82,800
Tax Year
2026
Taxes
$5,390
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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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Map

Current real estate data for Multi Family in Fall River as of Sep 21, 2026
142
Multi Family Listed
165
Avg DOM
215
Avg $ / SqFt
$798,618
Avg List Price

Community

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Property Summary

    631 Walnut St Fall River MA is a Multi Family for sale in Fall River, MA, 02720. It is listed for $699,999 To schedule a showing of MLS#73569765 at 631 Walnut St in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
631 Walnut St
Fall River, MA