Welcome to one of the best investment opportunities on the market today!This well-maintained multi-family property features three spacious 3-bedroom units, all freshly painted with new flooring throughout. Unit 2 has been beautifully updated with a brand-new kitchen and bathroom.Additional highlights include:Coin-operated laundry in the basementCharming fenced-in yardOn-street parkingTwo units currently vacant – perfect for owner-occupants or immediate rental incomePrime location, just steps from local parks, shops, and public transportation Don’t miss out on this turnkey cash-flow property in a highly convenient neighborhood! Showing unit 1 & 2. Monthly income min $6000~~
This home has been viewed 27 times
Last Checked: July 12th, 2025 at 7:08pm (Source: MLS PIN #73399117)
Gross Income: $22,200
Gross Expenses: $6,540
Net Income Calc: $15,660
CAP Rate: 2.15%
Water Views
Annual Expenses for 23 Scott St, Fall River MA 02724
Total Gross Expenses (Calculated)$6,540/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,540
Annual Income & Unit Breakdown for 23 Scott St, Fall River MA 02724
Total Gross Income (Calculated)$22,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesElectric, Unit 1(water), Unit 2(none), Water), Unit 3(heat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesElectric, Unit 1(water), Unit 2(none), Water), Unit 3(heat
Unit 3
Rental Income$1,850
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesElectric, Unit 1(water), Unit 2(none), Water), Unit 3(heat
General Information for 23 Scott St, Fall River MA 02724
Listing ID73399117
Property TypeMulti Family / 3 Family
Price$728,000 ($182.69/SqFt)
Style3 Family
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total3,985 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1950
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area1080
Foundation DescriptionBlock
Accessible Features
Outdoor SpacePorch
ZoningN/A
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Ownership(public), 1/2 To 1 Mile To Beach
Energy FeaturesStorm Window(s)
Terms
Disclosures for 23 Scott St, Fall River MA 02724
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNot Available
Total Gross Expenses By Broker$0
Total Gross Income By Broker$69,000
Total Net Income By Broker$69,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 23 Scott St, Fall River MA 02724
Real Estate Taxes$6,540
Tax Year2025
Assessed Value$571,200
Financial Data SourceNot Available
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$69,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$69,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.15%
Location Information for 23 Scott St, Fall River MA 02724
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesConservation Area, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation
Contact Information for 23 Scott St, Fall River MA 02724