Rare mixed-use investment opportunity on a high-visibility corner lot. Property features 7 residential units: six 2-bedroom apartments plus a private studio in a separate rear structure. Strong income potential with a busy corner retail storefront and an additional rented office space. Excellent exposure for commercial tenants with steady traffic. Large corner lot offers potential for curb cut and off-street parking (buyer to perform due diligence). Ideal for investors seeking diversified income streams. Private showings only
This home has been viewed 5 times
Last Checked: May 22nd, 2026 at 6:38am (Source: MLS PIN #73497633)
Gross Income: $39,600
Gross Expenses: $10,082
Net Income Calc: $29,518
Water Views
Annual Expenses for 123 Multi Family Way, Fall River MA 02724
Total Gross Expenses (Calculated)$10,082/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10082.87
Annual Income & Unit Breakdown for 123 Multi Family Way, Fall River MA 02724
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 123 Multi Family Way, Fall River MA 02724
Listing ID73497633
Property TypeMulti Family / 5+ Family
Price1100000 ($140.68/SqFt)
Style5-9 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total7819
Approximate Lot Size (Acres)0.15
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningB-L
Water ViewsYes
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 123 Multi Family Way, Fall River MA 02724
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 123 Multi Family Way, Fall River MA 02724
Real Estate Taxes10082.87
Tax Year2025
Assessed Value$880,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 123 Multi Family Way, Fall River MA 02724
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 123 Multi Family Way, Fall River MA 02724