Seller offers $20,000 credit for rate buy-down, closing costs, pre-paids, repairs, or anything you choose! Prime 3-family investment at 318 Broadway, Fall River, MA! Priced at $745,000, this 3,119 sqft gem, built in 1900, offers 8 beds, hardwood floors, spacious living/dining rooms, pantry kitchens, separate utilities, separate gas heating, and basement storage. Next to Kennedy Park, close to MBTA and the new waterfront development in fast-growing Fall River, it features 1-2 off-street parking spaces and a low-maintenance yard. 1st & 2nd floor 3-bed units are vacant, each fetching ~$2,000/mo rent. 3rd floor has a reliable tenant in a 2-3 bed unit (lease to Mar 2026) at ~$1,700/mo, totaling up to $5,700/mo potential income. With a $755,000 Zestimate, no HOA, and flexible options to owner-occupy or select tenants, this turnkey property is a cash flow dream. Easy to show—schedule today!
This home has been viewed 55 times
Last Checked: September 12th, 2025 at 4:30am (Source: MLS PIN #73404077)
Gross Income: $14,700
Gross Expenses: $5,205
Net Income Calc: $9,495
CAP Rate: 1.27%
Annual Expenses for 318 Broadway, Fall River MA 02721
Total Gross Expenses (Calculated)$5,205/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,205
Annual Income & Unit Breakdown for 318 Broadway, Fall River MA 02721
Total Gross Income (Calculated)$14,700
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$1,225
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 318 Broadway, Fall River MA 02721
Listing ID73404077
Property TypeMulti Family / 3 Family
Price$745,000 ($238.86/SqFt)
Style3 Family
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total3,119 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking1
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpacePorch
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 318 Broadway, 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$14,400
Total Net Income By Broker$14,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 318 Broadway, Fall River MA 02721
Real Estate Taxes$5,205
Tax Year2025
Assessed Value$454,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$14,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$14,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.27%
Location Information for 318 Broadway, Fall River MA 02721
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 318 Broadway, Fall River MA 02721