Special opportunity to acquire a 3 family for the price of a cottage. Investors take notice: producing cash flow with two apartments with rents under market value, plenty of possibilities. Very stable history of 100% occupation. Nothing major to address. Recent appraisal confirming the value. Great first property for your Real Estate portfolio.
This home has been viewed 177 times
Last Checked: December 7th, 2025 at 7:03am (Source: MLS PIN #73448353)
Gross Income: $45,780
Gross Expenses: $3,649
Net Income Calc: $42,131
CAP Rate: 8.51%
Annual Expenses for 1175 S Main, Fall River MA 02724
Total Gross Expenses (Calculated)$3,649/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,649
Annual Income & Unit Breakdown for 1175 S Main, Fall River MA 02724
Total Gross Income (Calculated)$45,780
Unit 1
Rental Income$1,625
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$1,190
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,000
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 1175 S Main, Fall River MA 02724
Listing ID73448353
Property TypeMulti Family / 3 Family
Price$495,000 ($272.58/SqFt)
Style3 Family - 3 Units Up/down
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total1,816 SqFt
Approximate Lot Size (Acres)0.11 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 FeaturesEasements
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR-4
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1175 S Main, Fall River MA 02724
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$0
Total Gross Income By Broker$45,500
Total Net Income By Broker$19,500
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 1175 S Main, Fall River MA 02724
Real Estate Taxes$3,649
Tax Year2025
Assessed Value$365,000
Financial Data SourceOwner
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$45,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$19,500
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.51%
Location Information for 1175 S Main, Fall River MA 02724
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 1175 S Main, Fall River MA 02724
Agent
Name: Anderson Kern
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate