Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

731 Bay St, Fall River MA 02724

$499,000

Estimated $1,207/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $124,750

Total Rent: 35100/year

Estimated CAP Rate:

6 Bedrooms

Baths

2239

Total Parking: 5

11,304 (0.26)

Opportunity for investors or owner-occupants alike. This income-producing 4-unit property with an additional unit in the rear offers strong upside potential. The building features three 1-bedroom units and one 2-bedroom unit, with the 2-bed currently vacant (previously rented for $1,175/month), creating immediate value-add opportunity. The property has a long-term tenant base in place and benefits from ample off-street parking—a major advantage for tenant appeal. With the right updates, this asset has the potential to perform well in today’s market. A great opportunity to step into a multi-family with income and upside.

This home has been viewed 13 times

Last Checked: July 18th, 2026 at 4:43pm (Source: MLS PIN #73502013)

Gross Income: $35,100

Gross Expenses: $4,770

Net Income Calc: $30,330

Annual Expenses for 731 Bay St, Fall River MA 02724

Total Gross Expenses (Calculated)$4,770/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4770

Annual Income & Unit Breakdown for 731 Bay St, Fall River MA 02724

Total Gross Income (Calculated)$35,100

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit0

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit0

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

General Information for 731 Bay St, Fall River MA 02724

Listing ID73502013

Property TypeMulti Family / 4 Family

Price499000 ($222.87/SqFt)

Style4 Family - 4 Units Up/down

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total2239

Approximate Lot Size (Acres)0.26

Total Parking5

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningIND

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 731 Bay St, Fall River MA 02724

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions.

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 731 Bay St, Fall River MA 02724

Real Estate Taxes4770

Tax Year2025

Assessed Value$416,600

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 731 Bay St, Fall River MA 02724

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 731 Bay St, Fall River MA 02724

Agent

Name: Derek Young

Office

Name: Longwood Residential, LLC

Phone: 617-396-3100

Team Members

Payment Calculator

, Interest

Property Taxes 397.5

Principal & Interest 3074.68

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Longwood Residential, LLC

Derek Young

Agent Phone

Office Phone

(617) 396-3100

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.26 acres (11,304 SqFt)
    [add_date] => 2026-04-15 21:28:34
    [address] => Bay St
    [agent] => Array
        (
            [address] => 5b Euclid Avenue
            [city] => Maynard
            [id] => BB803659
            [name] => Derek Young
            [national_association] => 
            [office] => AC1259
            [state] => MA
            [zip] => 01754
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2239
    [approx_lot_size_acres] => 0.26
    [approx_lot_size_sqft] => 11304
    [assessed_value] => $416,600
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 4 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Fall River
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Bristol
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Opportunity for investors or owner-occupants alike. This income-producing 4-unit property with an additional unit in the rear offers strong upside potential. The building features three 1-bedroom units and one 2-bedroom unit, with the 2-bed currently vacant (previously rented for $1,175/month), creating immediate value-add opportunity. The property has a long-term tenant base in place and benefits from ample off-street parking—a major advantage for tenant appeal. With the right updates, this asset has the potential to perform well in today’s market. A great opportunity to step into a multi-family with income and upside.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => .
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-07-18 16:43:49
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 2
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73502013
    [neighborhoods] => 
    [net_income_calc] => 30330
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 4
    [office] => Array
        (
            [id] => AC1259
            [name] => Longwood Residential, LLC
            [phone] => 617-396-3100
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 499000
    [price_per_sqft] => 222.87
    [price_per_unit] => 124750
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 4 Family - 4 Units Up/down
        )

[real_estate_tax] => 4770
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 12
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 731
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2025
    [team] => BB803659
    [team_agents] => Array
        (
            [BB803659] => Array
                (
                    [agent_mls_id] => BB803659
                    [full_name] => Ron Ifrah
                    [address] => 345 Pond Street
                    [city] => Westwood
                    [state] => MA
                    [postal_code] => 02090
                    [national_association_id] => 449526930
                    [office_mls_id] => AC1259
                )

)

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 4770
    [total_gross_income] => 35100
    [total_parking] => 5
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 1
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 0
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 1
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 2
    [unit_3_floor] => 1
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 0
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 1
    [unit_4_floor] => 0
    [unit_4_lease] => Array
        (
            [0] => Y
        )

[unit_4_levels] => 0
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 731 Bay St, Fall River MA 02724
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[year_built] => 1910
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02724
    [zips] => 
    [zoning] => IND
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/755218/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=7
            [7] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=8
            [8] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=9
            [9] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=10
            [10] => https://media.mlspin.com/photo.aspx?mls=73502013&w=1024&h=768&n=11
        )

[raw] => 
)

EXIT

9 More Photos

Active

731 Bay St, Fall River MA 02724

$499,000

Annual Expenses for 731 Bay St, Fall River MA 02724

Annual Income & Unit Breakdown for 731 Bay St, Fall River MA 02724

General Information for 731 Bay St, Fall River MA 02724

Disclosures for 731 Bay St, Fall River MA 02724

Financial Information for 731 Bay St, Fall River MA 02724

Location Information for 731 Bay St, Fall River MA 02724

Contact Information for 731 Bay St, Fall River MA 02724

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Longwood Residential, LLC

Derek Young