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INVESTMENT SNAPSHOT
About this property
Beautifully remodeled two-family property offering exceptional space, versatility, and investment potential! The first-floor unit features 3 bedrooms and is currently occupied. The expansive townhouse-style second unit includes an enclosed sunporch with sliders, 2 bedrooms on the main level, a large upper-level bedroom with 2 bonus rooms, and 2 full baths. Partial water views of the bay and Braga Bridge add to the appeal. The second unit will be delivered vacant at closing. Major updates include a roof replaced in 2016, all new electrical, all new plumbing, tankless heating system, fully remodeled interior, and 4 full bathrooms throughout. Additional lower-level space offers even more flexibility and is truly a must see. Conveniently located near highways, shopping, restaurants, and waterfront attractions
Property details
| Units | 2 |
| Living area | 2,727 sqft |
| Lot size | 3,358 sqft |
| Year built | 1900 |
| Price / sqft | $238 |
| County | Bristol |
| MLS # | 73516113 |
Listing status
| Days on market | 26 days |
| Listed on | May 11, 2026 |
Taxes & financials
| Annual property tax | $2,778 |
| Tax year | 2025 |
| Assessed value | $242,600 |
| Zoning | N/A |
| Gross income (actual) | $20,400/yr |
| Net operating income (actual) | $20,400/yr |
| Total actual rent | $1,700/mo |
Building & lot
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0.08 acres |
| Garage spaces | 1 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Walk-Out Access |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Fall River →
Listing courtesy of Lion Gate Real Estate, Inc. — Wendy Sampson. 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 278 Division St, Fall River MA 02721 have?
It is a 2-unit multi-family property with 2,727 sqft of living area, built in 1900.
How long has 278 Division St, Fall River MA 02721 been on the market?
278 Division St, Fall River MA 02721 has been listed for 26 days (since May 11, 2026).
What is the estimated cap rate on this 2-family in Fall River?
Based on area median rents, the estimated cap rate is about 3.6%, with a Signal Score of 67/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $649,000 across 2 units, that works out to roughly $324,500 per unit.
What are the property taxes on 278 Division St, Fall River MA 02721?
Annual property taxes are $2,778 (2025), on an assessed value of $242,600.
What is the price per square foot?
At $649,000 for 2,727 sqft, that's about $238 per square foot.
Is there parking?
1 garage space and 5 total parking spaces (paved drive, off street, paved).
Where is this property located?
278 Division St, Fall River MA 02721 is in Fall River, Bristol County, MA 02721.
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