$599,998
862 Locust Street
Fall River, MA, 02720
Welcome to 862 Locust Street, your first potential investment property! This three unit multi-family property includes all two bed one bath units that offer comfortable and functional living space. Situated next to amenities such as parks, schools and highway access to ensure convenience. This home is an ideal opportunity for first-time investors or those seeking to transition from renter to investor, living in one unit while renting out the others. All units have separate utilities. Current rents are below the market. This property has potential for added value and income with some updates. This three-family property is currently undergoing a full exterior facelift. The building is being freshly repainted, with all exterior woodwork, soffits, and trim updated. The entire exterior will be completely renewed and finished prior to closing, offering the new owner a beautifully refreshed, move in ready building.
Property Details
Price:
$599,998
MLS #:
73444932
Status:
Pending
Beds:
6
Baths:
3
Address:
862 Locust Street
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Fall River
Listed Date:
Oct 17, 2025
State:
MA
Finished Sq Ft:
2,519
Total Sq Ft:
2,519
ZIP:
02720
Lot Size:
4,072 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
3
Schools
Interior
Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile
Exterior
Exterior Features
Stone Wall
Financial
Tax Year
2025
Taxes
$4,785
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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Courtesy of Right Choice Real Estate. 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.
862 Locust Street
Fall River, MA
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