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341 Belmont St, Fall River MA 02720

$748,000

Estimated $1,735.30/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $249,333.33

Total Rent: 64800/year

Estimated CAP Rate: 7.83%

7 Bedrooms

3 Full Baths

3,888 SqFt

Total Parking: 2

9,736 SqFt

BACK ON MARKET - Welcome to 341 Belmont a classic 3-family with water views from all units. Situated on a corner lot in the heart of the Highlands this property features many recent improvements, including all new plumbing on 1st and 2nd floors, updated electrical, brand new mini splits, 4-yr roof, and newly refinished hardwood floors throughout. 1sr floor offers a spacious 3-bedroom layout with in-unit laundry, while the second and third floors share the same footprint and could easily be converted to 3-bedrooms. 2nd floor also includes its own dedicated laundry room with hookups. 4th floor is spacious & recorded with city as a 439 sqft unfinished attic. Detached 2-stall garage provides an opportunity for extra rental income, while the large backyard has ample space for expansion or outdoor living. Close proximity to Charleton, MBTA station, and Davol St project. Perfect for investor or owner occupant.

This home has been viewed 108 times

Last Checked: July 24th, 2025 at 4:29am (Source: MLS PIN #73355429)

Gross Income: $64,800

Gross Expenses: $6,269

Net Income Calc: $58,531

CAP Rate: 7.83%

Water Views

Annual Expenses for 341 Belmont St, Fall River MA 02720

Total Gross Expenses (Calculated)$6,269/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,269

Annual Income & Unit Breakdown for 341 Belmont St, Fall River MA 02720

Total Gross Income (Calculated)$64,800

Unit 1

Rental Income$1,950

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,850

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,600

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 341 Belmont St, Fall River MA 02720

Listing ID73355429

Property TypeMulti Family / 3 Family

Price$748,000 ($192.39/SqFt)

Style3 Family - 3 Units Up/down

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,888 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking2

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter,Stone

Accessible Features

Outdoor SpaceDeck - Roof, Porch

ZoningS

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront Features1/10 To 3/10 To Beach

Energy FeaturesInsulated Windows

Terms

Disclosures for 341 Belmont St, Fall River MA 02720

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$23,400

Total Net Income By Broker$23,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 341 Belmont St, Fall River MA 02720

Real Estate Taxes$6,269

Tax Year2024

Assessed Value$545,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$23,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$23,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.83%

Location Information for 341 Belmont St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Medical Facility, Laundromat, Public Transportation, T-station, Marina, Private School, Sidewalks

Contact Information for 341 Belmont St, Fall River MA 02720

Agent

Name: Molly Armando

Office

Name: Real Broker MA, LLC

Phone: 855-450-0442

Payment Calculator

, Interest

Property Taxes 522.42

Principal & Interest 4608.94

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Molly Armando

Agent Phone

Office Phone

(855) 450-0442

Text Agent Call Agent Call Office

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EXIT

Withdrawn

341 Belmont St, Fall River MA 02720

$748,000

Annual Expenses for 341 Belmont St, Fall River MA 02720

Annual Income & Unit Breakdown for 341 Belmont St, Fall River MA 02720

General Information for 341 Belmont St, Fall River MA 02720

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Financial Information for 341 Belmont St, Fall River MA 02720

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Contact Information for 341 Belmont St, Fall River MA 02720

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Molly Armando