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40 Park St, Fall River MA 02723

$845,000

Estimated $1,854.03/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $281,666.67

Total Rent: 87600/year

Estimated CAP Rate: 9.68%

9 Bedrooms

3 Full Baths

4,506 SqFt

Total Parking: 4

5,850 SqFt

Back on the market due to buyer financing issues. Welcome to 40 Park Street, a well-maintained three-family home in the heart of Fall River. Perfect for owner-occupants or savvy investors, this property features three spacious units—each offering 3 bedrooms, 1 bathroom, separate utilities, and hardwood flooring throughout.Enjoy updated kitchens and baths, a low-maintenance exterior. The property also includes a full basement with storage and laundry hookups. Located just minutes from downtown, public transportation, highway access, and the South Coast Rail station, this is a prime location for rental income or long-term.Whether you’re looking to expand your portfolio or live in one unit and rent the others, 40 Park Street is a must-see!Don’t miss this opportunity

This home has been viewed 65 times

Last Checked: July 29th, 2025 at 4:29am (Source: MLS PIN #73351969)

Gross Income: $87,600

Gross Expenses: $5,806

Net Income Calc: $81,794

CAP Rate: 9.68%

Annual Expenses for 40 Park St, Fall River MA 02723

Total Gross Expenses (Calculated)$5,806/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,806.49

Annual Income & Unit Breakdown for 40 Park St, Fall River MA 02723

Total Gross Income (Calculated)$87,600

Unit 1

Rental Income$2,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,500

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$2,500

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit3

HeatingNo

Rent Includes

General Information for 40 Park St, Fall River MA 02723

Listing ID73351969

Property TypeMulti Family / 3 Family

Price$845,000 ($187.53/SqFt)

Style3 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,506 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Unknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningB-B

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 40 Park St, Fall River MA 02723

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$85,200

Total Net Income By Broker$85,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation3%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 40 Park St, Fall River MA 02723

Real Estate Taxes$5,806.49

Tax Year2024

Assessed Value$728,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$85,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$85,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.68%

Location Information for 40 Park St, Fall River MA 02723

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 40 Park St, Fall River MA 02723

Agent

Name: Ronald Rene

Office

Name: Vicente Realty, LLC

Phone: 508-944-3144

Payment Calculator

, Interest

Property Taxes 483.87

Principal & Interest 5206.62

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Vicente Realty, LLC

Ronald Rene

Agent Phone

Office Phone

(508) 944-3144

Text Agent Call Agent Call Office

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EXIT

Withdrawn

40 Park St, Fall River MA 02723

$845,000

Annual Expenses for 40 Park St, Fall River MA 02723

Annual Income & Unit Breakdown for 40 Park St, Fall River MA 02723

General Information for 40 Park St, Fall River MA 02723

Disclosures for 40 Park St, Fall River MA 02723

Financial Information for 40 Park St, Fall River MA 02723

Location Information for 40 Park St, Fall River MA 02723

Contact Information for 40 Park St, Fall River MA 02723

Agent

Office

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Exclusive Listing Agent

Vicente Realty, LLC

Ronald Rene