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114 Prospect St, Fall River MA 02720

$999,900

Estimated $2,231.83/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $249,975

Total Rent: 51000/year

Estimated CAP Rate: 4.37%

9 Bedrooms

6 Full Baths

4,224 SqFt

Total Parking: 0

6,813 SqFt

Welcome to this well-maintained 4-family property offering beautiful water views and located in a prime location in the heart of Fall River. Whether you're looking to expand your investment portfolio or live in one unit while renting out the others, this property is a standout opportunity. Many local amenities nearby, including T-station, parks, hospital, restaurants, boardwalk, and cafe. There are 3 remodeled units and all units have updated appliances. Tenants pay for electric and the landlord pays for gas (range and hot water only), and water. The combination of updated units, water views, and proximity to local amenities makes this property a truly attractive investment. MOTIVATED SELLER!! Call today to schedule your private showing!

This home has been viewed 19 times

Last Checked: July 7th, 2025 at 6:18am (Source: MLS PIN #73397959)

Gross Income: $51,000

Gross Expenses: $7,326

Net Income Calc: $43,674

CAP Rate: 4.37%

Water Views

Annual Expenses for 114 Prospect St, Fall River MA 02720

Total Gross Expenses (Calculated)$7,326/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,326

Annual Income & Unit Breakdown for 114 Prospect St, Fall River MA 02720

Total Gross Income (Calculated)$51,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesWater, Hot Water), Unit 3(gas, Unit 1(gas, Unit 2(gas, Unit 4(gas

Unit 2

Rental Income$1,650

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesWater, Hot Water), Unit 3(gas, Unit 1(gas, Unit 2(gas, Unit 4(gas

Unit 3

Rental Income$1,400

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesWater, Hot Water), Unit 3(gas, Unit 1(gas, Unit 2(gas, Unit 4(gas

Unit 4

Rental Income$1,200

LeaseN

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesWater, Hot Water), Unit 3(gas, Unit 1(gas, Unit 2(gas, Unit 4(gas

General Information for 114 Prospect St, Fall River MA 02720

Listing ID73397959

Property TypeMulti Family / 4 Family

Price$999,900 ($236.72/SqFt)

Style4 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,224 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck - Wood, Porch

ZoningA-2

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 114 Prospect 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$51,000

Total Net Income By Broker$51,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 114 Prospect St, Fall River MA 02720

Real Estate Taxes$7,326

Tax Year2025

Assessed Value$639,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$51,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.37%

Location Information for 114 Prospect St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Medical Facility, Public Transportation, T-station

Contact Information for 114 Prospect St, Fall River MA 02720

Agent

Name: Andre Cunha

MLS ID: CN236533

Office ID: AN3817

National Association ID: 455025064

Address: 266 Hamlet Street

City: Fall River

State: MA

Zip: 02724

Office

Name: Keller Williams South Watuppa

MLS Office ID: AN3817

Phone: 508-677-3233

Payment Calculator

, Interest

Property Taxes 610.5

Principal & Interest 6161.07

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams South Watuppa

Andre Cunha

Agent Phone

Office Phone

(508) 677-3233

Text Agent Call Agent Call Office

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EXIT

Active

114 Prospect St, Fall River MA 02720

$999,900

Annual Expenses for 114 Prospect St, Fall River MA 02720

Annual Income & Unit Breakdown for 114 Prospect St, Fall River MA 02720

General Information for 114 Prospect St, Fall River MA 02720

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Financial Information for 114 Prospect St, Fall River MA 02720

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Contact Information for 114 Prospect St, Fall River MA 02720

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Keller Williams South Watuppa

Andre Cunha