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847 Locust Street, Fall River MA 02720

$735,000

Estimated $1,785.63/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $245,000

Total Rent: 67800/year

Estimated CAP Rate: 8.25%

9 Bedrooms

3 Full, 1 Half Baths

3,399 SqFt

Total Parking: 7

7,622 SqFt

Located at 847 Locust Street, Fall River, Massachusetts, this multi-family residence presents an inviting home, ready for immediate occupancy. The building, constructed in 1900, offers a unique opportunity to own a substantial property with a rich history. The living room offers an atmosphere of refined elegance, enhanced by the inclusion of sophisticated crown molding. The kitchen offers a functional space, featuring a backsplash that brings visual charm and practical protection to the heart of the home. The bedrooms, each graced with crown molding, provide private retreats within this expansive home. Picture yourself waking up in a space that exudes character and sophistication, offering a peaceful start to each day. Each unit can be rented for up to $2,300 when rented for market rate.

This home has been viewed 34 times

Last Checked: November 19th, 2025 at 5:53am (Source: MLS PIN #73442599)

Gross Income: $67,800

Gross Expenses: $7,126

Net Income Calc: $60,674

CAP Rate: 8.25%

Annual Expenses for 847 Locust Street, Fall River MA 02720

Total Gross Expenses (Calculated)$7,126/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,126

Annual Income & Unit Breakdown for 847 Locust Street, Fall River MA 02720

Total Gross Income (Calculated)$67,800

Unit 1

Rental Income$2,000

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,900

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,750

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 847 Locust Street, Fall River MA 02720

Listing ID73442599

Property TypeMulti Family / 3 Family

Price$735,000 ($216.24/SqFt)

Style3 Family - 3 Units Up/down

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,399 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking7

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningMF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 847 Locust Street, 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$67,800

Total Net Income By Broker$67,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 847 Locust Street, Fall River MA 02720

Real Estate Taxes$7,126

Tax Year2025

Assessed Value$622,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$67,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$67,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.25%

Location Information for 847 Locust Street, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 847 Locust Street, Fall River MA 02720

Agent

Name: Roody Lambert

Office

Name: MIG

Phone: 617-651-5406

Payment Calculator

, Interest

Property Taxes 593.83

Principal & Interest 4528.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

MIG

Roody Lambert

Agent Phone

Office Phone

(617) 651-5406

Text Agent Call Agent Call Office

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EXIT

Pending

847 Locust Street, Fall River MA 02720

$735,000

Annual Expenses for 847 Locust Street, Fall River MA 02720

Annual Income & Unit Breakdown for 847 Locust Street, Fall River MA 02720

General Information for 847 Locust Street, Fall River MA 02720

Disclosures for 847 Locust Street, Fall River MA 02720

Financial Information for 847 Locust Street, Fall River MA 02720

Location Information for 847 Locust Street, Fall River MA 02720

Contact Information for 847 Locust Street, Fall River MA 02720

Agent

Office

Payment Calculator

Exclusive Listing Agent

MIG

Roody Lambert