731 Bay St Fall River MA 02724 MLS #73502013

731 Bay St
Fall River, MA, 02724
$499,000
6 Beds
5 Baths
2,239 SqFt
0.26 Acres
$499,000
731 Bay St
Fall River, MA, 02724
MLS #73502013 image #0
Opportunity for investors or owner-occupants alike. This income-producing 4-unit property with an additional unit in the rear offers strong upside potential. The building features three 1-bedroom units and one 2-bedroom unit, with the 2-bed currently vacant (previously rented for $1,175/month), creating immediate value-add opportunity. The property has a long-term tenant base in place and benefits from ample off-street parking—a major advantage for tenant appeal. With the right updates, this asset has the potential to perform well in today’s market. A great opportunity to step into a multi-family with income and upside.

Property Details

Price:
$499,000
MLS #:
73502013
Status:
Active Under Contract
Beds:
6
Baths:
5
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Listed Date:
Apr 15, 2026
Finished Sq Ft:
2,239
Total Sq Ft:
2,239
Lot Size:
11,304 sqft / 0.26 acres (approx)
Year Built:
1910
Units:
4

Schools

Interior

Above Grade Finished Area
2239
Bathrooms
5 Full Bathrooms
Levels
2

Exterior

Community Features
Public Transportation, Highway Access, Public School, T-Station
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
5
Parking Features
Off Street
Parking Spots
5
Parking Total
5
Roof
Shingle
Stories
2

Financial

Net Operating Income
$35,040
Tax Year
2025
Taxes
$4,770
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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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Current real estate data for Multi Family in Fall River as of Aug 06, 2026
135
Multi Family Listed
178
Avg DOM
211
Avg $ / SqFt
$789,131
Avg List Price

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Property Summary

    731 Bay St Fall River MA is a Multi Family for sale in Fall River, MA, 02724. It is listed for $499,000 To schedule a showing of MLS#73502013 at 731 Bay St in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
731 Bay St
Fall River, MA