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INVESTMENT SNAPSHOT
About this property
Invest in Fall River! Well-maintained 8-unit property spanning four levels, offering four 3-bedroom units and four 2-bedroom units. Each spacious unit has seen updates, including improvements to common areas, kitchens and baths. All units feature baseboard heating and individually metered electric for added convenience and efficiency. Property includes off-street parking for eight vehicles and is ideally located near highway access, parks, and schools. Seller just installed a new aluminum fire escape. Current NOI exceeds $117K with additional upside potential.
Property details
| Units | 8 |
| Living area | 7,686 sqft |
| Lot size | 6,220 sqft |
| Year built | 1900 |
| Price / sqft | $192 |
| County | Bristol |
| MLS # | 73523749 |
Listing status
| Days on market | 4 days |
| Listed on | May 26, 2026 |
Taxes & financials
| Annual property tax | $12,181 |
| Tax year | 2026 |
| Assessed value | $1,061,100 |
| Zoning | A2 |
| Gross income (actual) | $144,960/yr |
| Net operating income (actual) | $117,274/yr |
| Total actual rent | $12,080/mo |
| Insurance expense | $7,568/yr |
Building & lot
| Stories | 5 |
| Total rooms | 36 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Parking | Off Street, Assigned, Paved |
| Foundation | Concrete Perimeter, Slab |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Carpet |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
| Appliances | Range, Refrigerator, Range Hood |
Location
More about investing in Fall River →
Listing courtesy of Paiva Real Estate Services, LLC — Christopher J. Paiva. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 144 Choate St., Fall River MA 02723 have?
It is a 8-unit multi-family property with 7,686 sqft of living area, built in 1900.
How long has 144 Choate St., Fall River MA 02723 been on the market?
144 Choate St., Fall River MA 02723 has been listed for 4 days (since May 26, 2026).
What is the estimated cap rate on this 8-family in Fall River?
Based on area median rents, the estimated cap rate is about 6.3%, with a Signal Score of 95/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,475,000 across 8 units, that works out to roughly $184,375 per unit.
What are the property taxes on 144 Choate St., Fall River MA 02723?
Annual property taxes are $12,181 (2026), on an assessed value of $1,061,100.
What is the price per square foot?
At $1,475,000 for 7,686 sqft, that's about $192 per square foot.
Is there parking?
8 total parking spaces (off street, assigned, paved).
Where is this property located?
144 Choate St., Fall River MA 02723 is in Fall River, Bristol County, MA 02723.
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