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INVESTMENT SNAPSHOT
About this property
Well-maintained 3-family home located near Kennedy Park with convenient access to local amenities. This property offers strong income potential with steady rental occupancy and active leases in place, making it an excellent opportunity for investors seeking long-term value. Great location for commuters and those looking to expand their investment portfolio in a growing area of Fall River. Seller will consider package sale with MLS#73515047.
Property details
| Units | 3 |
| Living area | 3,366 sqft |
| Lot size | 3,213 sqft |
| Year built | 1900 |
| Price / sqft | $208 |
| County | Bristol |
| MLS # | 73515032 |
Listing status
| Days on market | 17 days |
| Listed on | May 6, 2026 |
Taxes & financials
| Annual property tax | $5,738 |
| Tax year | 2025 |
| Assessed value | $533,400 |
| Zoning | B-B |
| Gross income (actual) | $79,800/yr |
| Net operating income (actual) | $79,800/yr |
| Total actual rent | $6,650/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Unfinished |
| Foundation | Brick/Mortar, Other |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Laminate |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Fall River →
Listing courtesy of Amaral & Associates RE — Gilnerys Santana. 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 40 Park St, Fall River MA 02721 have?
It is a 3-unit multi-family property with 3,366 sqft of living area, built in 1900.
How long has 40 Park St, Fall River MA 02721 been on the market?
40 Park St, Fall River MA 02721 has been listed for 17 days (since May 6, 2026).
What is the estimated cap rate on this 3-family in Fall River?
Based on area median rents, the estimated cap rate is about 5.0%, with a Signal Score of 86/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $700,000 across 3 units, that works out to roughly $233,333 per unit.
What are the property taxes on 40 Park St, Fall River MA 02721?
Annual property taxes are $5,738 (2025), on an assessed value of $533,400.
What is the price per square foot?
At $700,000 for 3,366 sqft, that's about $208 per square foot.
Where is this property located?
40 Park St, Fall River MA 02721 is in Fall River, Bristol County, MA 02721.
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