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533 Locust St, Fall River MA 02720

$1,349,900

Estimated $3,270/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $168,737.50

Total Rent: 46800/year

Estimated CAP Rate:

12 Bedrooms

Baths

6448

Total Parking: 12

12,654 (0.29)

Rare opportunity to own a piece of Fall River history! This iconic 8-unit property in the Highlands blends timeless charm with investment potential. Featuring high ceilings, oversized doors, and classic finishes. This home offers off-street parking, updated kitchens and bathrooms throughout, and a unique lookout tower with city views. Perfect for rental income or potential condo conversion. A landmark property with endless upside in one of the city's most sought-after neighborhoods. *Group walk through 5:20pm Wednesday 6/18.* - Not an open house.

This home has been viewed 54 times

Last Checked: June 28th, 2025 at 4:29am (Source: MLS PIN #73387870)

Gross Income: $46,800

Gross Expenses: $12,974

Net Income Calc: $33,826

Annual Expenses for 533 Locust St, Fall River MA 02720

Total Gross Expenses (Calculated)$12,974/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12974

Annual Income & Unit Breakdown for 533 Locust St, Fall River MA 02720

Total Gross Income (Calculated)$46,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

General Information for 533 Locust St, Fall River MA 02720

Listing ID73387870

Property TypeMulti Family / 5+ Family

Price1349900 ($209.35/SqFt)

Style5-9 Family

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total6448

Approximate Lot Size (Acres)0.29

Total Parking12

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningA-2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 533 Locust St, Fall River MA 02720

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Personal Belongings.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 533 Locust St, Fall River MA 02720

Real Estate Taxes12974

Tax Year2025

Assessed Value$1,133,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 533 Locust St, Fall River MA 02720

Neighborhood(s)

Area Amenities

Contact Information for 533 Locust St, Fall River MA 02720

Agent

Name: The J. Pavao Team

Office

Name: Keller Williams South Watuppa

Phone: 508-677-3233

Payment Calculator

, Interest

Property Taxes 1081.17

Principal & Interest 8317.65

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams South Watuppa

The J. Pavao Team

Agent Phone

Office Phone

(508) 677-3233

Text Agent Call Agent Call Office

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EXIT

32 More Photos

Withdrawn

533 Locust St, Fall River MA 02720

$1,349,900

Annual Expenses for 533 Locust St, Fall River MA 02720

Annual Income & Unit Breakdown for 533 Locust St, Fall River MA 02720

General Information for 533 Locust St, Fall River MA 02720

Disclosures for 533 Locust St, Fall River MA 02720

Financial Information for 533 Locust St, Fall River MA 02720

Location Information for 533 Locust St, Fall River MA 02720

Contact Information for 533 Locust St, Fall River MA 02720

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams South Watuppa

The J. Pavao Team