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INVESTMENT SNAPSHOT
About this property
Beautifully updated luxury 3-family located in Fall River’s desirable North End, just steps from Charlton Memorial Hospital. This turnkey investment property features three spacious units, each offering 3 bedrooms. Kitchens are equipped with stainless-steel appliances, granite countertops, and recessed lighting, providing a contemporary and upscale feel throughout. Property includes three separate heating systems for added efficiency and tenant convenience. Ideal for owner-occupants or investors seeking strong rental income in a prime location. Close to shopping, public transportation, and major highways. A rare opportunity to own a high-quality multi-family in one of the city’s most sought-after neighborhoods.Offered at $729,900
Property details
| Units | 3 |
| Living area | 2,706 sqft |
| Lot size | 4,539 sqft |
| Year built | 1900 |
| Price / sqft | $270 |
| County | Bristol |
| MLS # | 73523567 |
Listing status
| Days on market | 4 days |
| Listed on | May 25, 2026 |
Taxes & financials
| Annual property tax | $5,499 |
| Tax year | 2025 |
| Assessed value | $480,300 |
| Zoning | G |
| Gross income (actual) | $33,600/yr |
| Net operating income (actual) | $33,600/yr |
| Total actual rent | $4,200/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Microwave, Refrigerator |
Location
More about investing in Fall River →
Listing courtesy of Alfonso Realty Co. — Henry Alfonso. 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 47 Summerfield St, Fall River MA 02720 have?
It is a 3-unit multi-family property with 2,706 sqft of living area, built in 1900.
How long has 47 Summerfield St, Fall River MA 02720 been on the market?
47 Summerfield St, Fall River MA 02720 has been listed for 4 days (since May 25, 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 4.8%, with a Signal Score of 83/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $729,900 across 3 units, that works out to roughly $243,300 per unit.
What are the property taxes on 47 Summerfield St, Fall River MA 02720?
Annual property taxes are $5,499 (2025), on an assessed value of $480,300.
What is the price per square foot?
At $729,900 for 2,706 sqft, that's about $270 per square foot.
Where is this property located?
47 Summerfield St, Fall River MA 02720 is in Fall River, Bristol County, MA 02720.
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