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487 Ridge St, Fall River MA 02724

$478,400

Estimated $1,278.55/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $159,466.67

Total Rent: 0/year

Estimated CAP Rate: -1.26%

9 Bedrooms

3 Full Baths

3,966 SqFt

Total Parking: 4

4,944 SqFt

Expansive three-family property on Ridge Street offering over 3,900 sq ft of living area and a remarkable blend of scale, character, and potential. Each spacious unit includes approximately 1,322 sq ft, featuring three bedrooms, one full bath, hardwood floors, and period architectural details throughout. Generous exterior porches offer extended living areas and seasonal outdoor enjoyment. Ideally positioned near Kennedy Park, area schools, public transit, and major travel routes, including Routes 195 and 24, this property presents an excellent opportunity for investors or owner-occupants seeking to improve and capitalize on its strong fundamentals. A much-in-demand property type in a well-established residential location with enduring demand.

This home has been viewed 49 times

Last Checked: November 27th, 2025 at 7:03am (Source: MLS PIN #73445135)

Gross Income: $0

Gross Expenses: $6,034

Net Income Calc: $6,034

CAP Rate: -1.26%

Annual Expenses for 487 Ridge St, Fall River MA 02724

Total Gross Expenses (Calculated)$6,034/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,034

Annual Income & Unit Breakdown for 487 Ridge St, Fall River MA 02724

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 487 Ridge St, Fall River MA 02724

Listing ID73445135

Property TypeMulti Family / 3 Family

Price$478,400 ($120.63/SqFt)

Style3 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,966 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningN/A

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 487 Ridge St, Fall River MA 02724

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$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)Lender Owned

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 487 Ridge St, Fall River MA 02724

Real Estate Taxes$6,034

Tax Year2025

Assessed Value$527,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.26%

Location Information for 487 Ridge St, Fall River MA 02724

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation

Contact Information for 487 Ridge St, Fall River MA 02724

Agent

Name: Joy Riley

Office

Name: Westcott Properties

Phone: 401-421-5300

Payment Calculator

, Interest

Property Taxes 502.83

Principal & Interest 2947.75

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Westcott Properties

Joy Riley

Agent Phone

Office Phone

(401) 421-5300

Text Agent Call Agent Call Office

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EXIT

Pending

487 Ridge St, Fall River MA 02724

$478,400

Annual Expenses for 487 Ridge St, Fall River MA 02724

Annual Income & Unit Breakdown for 487 Ridge St, Fall River MA 02724

General Information for 487 Ridge St, Fall River MA 02724

Disclosures for 487 Ridge St, Fall River MA 02724

Financial Information for 487 Ridge St, Fall River MA 02724

Location Information for 487 Ridge St, Fall River MA 02724

Contact Information for 487 Ridge St, Fall River MA 02724

Agent

Office

Payment Calculator

Exclusive Listing Agent

Westcott Properties

Joy Riley