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INVESTMENT SNAPSHOT
About this property
Rare mixed-use investment opportunity on a high-visibility corner lot. Property features 7 residential units: six 2-bedroom apartments plus a private studio in a separate rear structure. Strong income potential with a busy corner retail storefront and an additional rented office space. Excellent exposure for commercial tenants with steady traffic. Large corner lot offers potential for curb cut and off-street parking (buyer to perform due diligence). Ideal for investors seeking diversified income streams. Private showings only
Property details
| Units | 7 |
| Living area | 7,819 sqft |
| Lot size | 6,486 sqft |
| Year built | 1900 |
| Price / sqft | $141 |
| County | Bristol |
| MLS # | 73497633 |
Listing status
| Days on market | 43 days |
| Listed on | April 8, 2026 |
Taxes & financials
| Annual property tax | $10,083 |
| Tax year | 2025 |
| Assessed value | $880,600 |
| Zoning | B-L |
| Gross income (actual) | $39,600/yr |
| Net operating income (actual) | $39,600/yr |
| Total actual rent | $3,300/mo |
Building & lot
| Stories | 3 |
| Total rooms | 21 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Concrete Perimeter |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Fall River →
Listing courtesy of revolv Real Estate — Jade Garcia. 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 123 Multi Family Way, Fall River MA 02724 have?
It is a 7-unit multi-family property with 7,819 sqft of living area, built in 1900.
How long has 123 Multi Family Way, Fall River MA 02724 been on the market?
123 Multi Family Way, Fall River MA 02724 has been listed for 43 days (since April 8, 2026).
What is the estimated cap rate on this 7-family in Fall River?
Based on area median rents, the estimated cap rate is about 7.5%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,100,000 across 7 units, that works out to roughly $157,143 per unit.
What are the property taxes on 123 Multi Family Way, Fall River MA 02724?
Annual property taxes are $10,083 (2025), on an assessed value of $880,600.
What is the price per square foot?
At $1,100,000 for 7,819 sqft, that's about $141 per square foot.
Where is this property located?
123 Multi Family Way, Fall River MA 02724 is in Fall River, Bristol County, MA 02724.
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