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1553 Rodman St, Fall River MA 02721

$735,000

Estimated $1,684.72/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $245,000

Total Rent: 78000/year

Estimated CAP Rate: 9.81%

9 Bedrooms

3 Full Baths

3,636 SqFt

Total Parking: 4

5,637 SqFt

Expansive three-family property in Fall River, ideally located in a neighborhood surrounded mostly by single-family residences—offering a unique blend of space and investment potential. The second and third floors will be delivered vacant, making this a perfect owner-occupied opportunity with the flexibility to choose your own tenants. Enjoy off-street parking for up to 4 cars. Many updates throughout: furnace and central air on the first floor (approx. 8–10 years old), newer space heaters on the second and third floors (approx. 5 years old), new water heaters on the first and third floors (2025). Second and third floors been freshly painted with refinished hardwood floors after carpet removal. High ceilings elevate each unit! The basement offers laundry hookups and dedicated storage space for all three units. With a low-maintenance yard, an approx.17-18 year-old roof, and quick access to major highways, this property checks all the boxes! Great investment to ring in the new year!

This home has been viewed 3 times

Last Checked: December 9th, 2025 at 6:28am (Source: MLS PIN #73459754)

Gross Income: $78,000

Gross Expenses: $5,915

Net Income Calc: $72,085

CAP Rate: 9.81%

Annual Expenses for 1553 Rodman St, Fall River MA 02721

Total Gross Expenses (Calculated)$5,915/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,915

Annual Income & Unit Breakdown for 1553 Rodman St, Fall River MA 02721

Total Gross Income (Calculated)$78,000

Unit 1

Rental Income$2,100

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$2,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$2,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 1553 Rodman St, Fall River MA 02721

Listing ID73459754

Property TypeMulti Family / 3 Family

Price$735,000 ($202.15/SqFt)

Style3 Family - 3 Units Up/down

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,636 SqFt

Approximate Lot Size (Acres)0.13 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 FeaturesCleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpacePorch

ZoningR-4

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1553 Rodman St, 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$51,600

Total Net Income By Broker$51,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 1553 Rodman St, Fall River MA 02721

Real Estate Taxes$5,915

Tax Year2025

Assessed Value$516,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$51,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.81%

Location Information for 1553 Rodman St, Fall River MA 02721

Elementary SchoolLetourneau Elementary

Middle SchoolTalbot Innovation

High SchoolBmc Durfee High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station

Contact Information for 1553 Rodman St, Fall River MA 02721

Agent

Name: The Perry Team

Office

Name: HomeSmart First Class Realty

Phone: 508-297-7270

Team Members

Name: Christopher Perry

Phone: 774-218-1655

Name: Tiffany Perry

Phone: 774-313-0848

Payment Calculator

, Interest

Property Taxes 492.92

Principal & Interest 4528.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

HomeSmart First Class Realty

The Perry Team

Agent Phone

Office Phone

(508) 297-7270

Text Agent Call Agent Call Office

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EXIT

Active

1553 Rodman St, Fall River MA 02721

$735,000

Annual Expenses for 1553 Rodman St, Fall River MA 02721

Annual Income & Unit Breakdown for 1553 Rodman St, Fall River MA 02721

General Information for 1553 Rodman St, Fall River MA 02721

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Financial Information for 1553 Rodman St, Fall River MA 02721

Location Information for 1553 Rodman St, Fall River MA 02721

Contact Information for 1553 Rodman St, Fall River MA 02721

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HomeSmart First Class Realty

The Perry Team