Investor's take notice! Check out this well maintained 6 Family with all 2 bedroom units located in a great neighborhood close to William Greene Elementary School. Property features include new roof (2021) replacement windows throughout, updated kitchens and baths and new flooring. Storage units in the basement for tenant belongings. Additional income generated by coin op washer and dryers in the basement. 1 unit is vacant and 5 out of the 6 units are rented below market value with long term tenants on month to month agreements. A new owner can capture the remaining upside by increasing current rents to market rate. This property is a turn-key investment, requiring minimal upkeep. Don’t miss out on this excellent opportunity to add a solid, income-generating property to your portfolio. Schedule your private showing before this one is gone!
This home has been viewed 42 times
Last Checked: October 10th, 2025 at 4:30am (Source: MLS PIN #73395379)
Gross Income: $48,000
Gross Expenses: $7,279
Net Income Calc: $40,721
CAP Rate: 4.07%
Annual Expenses for 466-470 Cambridge St, Fall River MA 02721
Total Gross Expenses (Calculated)$7,279/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,279
Annual Income & Unit Breakdown for 466-470 Cambridge St, Fall River MA 02721
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$1,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 466-470 Cambridge St, Fall River MA 02721
Listing ID73395379
Property TypeMulti Family
Price$1,000,000 ($194.25/SqFt)
Style5+ Family - 5+ Units Up/down
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total5,148 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR-4
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 466-470 Cambridge St, Fall River MA 02721
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$60,000
Total Net Income By Broker$60,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 466-470 Cambridge St, Fall River MA 02721
Real Estate Taxes$7,279
Tax Year2025
Assessed Value$635,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$60,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$60,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.07%
Location Information for 466-470 Cambridge St, Fall River MA 02721
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Shopping, Public Transportation
Contact Information for 466-470 Cambridge St, Fall River MA 02721