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366 Alden St, Fall River MA 02723

$480,000

Estimated $1,125.57/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $240,000

Total Rent: 44400/year

Estimated CAP Rate: 8.38%

6 Bedrooms

2 Full Baths

2,222 SqFt

Total Parking: 1

1,938 SqFt

A Solid two-unit Multi property with excellent upside for investors or owner-occupants. Spacious 3 bedroom units with strong layouts and value-add potential. Conveniently located near the Fall River MBTA Commuter Rail station, major highways, shopping, and local amenities, making this an ideal opportunity for rental income, long-term appreciation, or portfolio expansion. A smart buy in a growing market with commuter demand. Updated owner unit ready for owner occupy or maximize your income potential. 2nd floor is Tenant at Will. Solar has been added to provide savings for the owner. Transfer credits to units in this home or an investor can apply the credits accrued to their primary residence! Parking for one car, low maintenance exterior, private yard. Great opportunity for an on-the-go lifestyle, easy to maintain. Great starter home for new investors to get their feet wet! 1st Floor delivered vacant. Subject to finding suitable housing.

This home has been viewed 9 times

Last Checked: February 16th, 2026 at 6:43pm (Source: MLS PIN #73477311)

Gross Income: $44,400

Gross Expenses: $4,167

Net Income Calc: $40,233

CAP Rate: 8.38%

Annual Expenses for 366 Alden St, Fall River MA 02723

Total Gross Expenses (Calculated)$4,167/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,167

Annual Income & Unit Breakdown for 366 Alden St, Fall River MA 02723

Total Gross Income (Calculated)$44,400

Unit 1

Rental Income$2,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 366 Alden St, Fall River MA 02723

Listing ID73477311

Property TypeMulti Family

Price$480,000 ($216.02/SqFt)

StyleMulti Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,222 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking1

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter,Block

Accessible Features

Outdoor Space

ZoningN/A

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 366 Alden St, Fall River MA 02723

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAll areas are approximate.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$40,800

Total Net Income By Broker$40,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 366 Alden St, Fall River MA 02723

Real Estate Taxes$4,167

Tax Year2025

Assessed Value$363,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$40,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$40,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.38%

Location Information for 366 Alden St, Fall River MA 02723

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Private School

Contact Information for 366 Alden St, Fall River MA 02723

Agent

Name: Lauren Tansey Lima

Office

Name: LPT Realty - Home & Key Group

Phone: 877-366-2213

Payment Calculator

, Interest

Property Taxes 347.25

Principal & Interest 2957.61

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LPT Realty - Home & Key Group

Lauren Tansey Lima

Agent Phone

Office Phone

(877) 366-2213

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73477311&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2026-02-16 18:43:25
                    [modified] => 2026-02-16 18:43:25
                )

[20] => Array
                (
                    [id] => 196138923
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73477311&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2026-02-16 18:43:25
                    [modified] => 2026-02-16 18:43:25
                )

[21] => Array
                (
                    [id] => 196138924
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73477311&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2026-02-16 18:43:25
                    [modified] => 2026-02-16 18:43:25
                )

[22] => Array
                (
                    [id] => 196138925
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73477311&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2026-02-16 18:43:25
                    [modified] => 2026-02-16 18:43:25
                )

)

)

EXIT