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847 Locust St, Fall River MA 02720

$729,000

Estimated $1,776/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $243,000

Total Rent: 68400/year

Estimated CAP Rate:

9 Bedrooms

Baths

3399

Total Parking: 6

7,614 (0.17)

Massive turnkey three-family in the heart of Fall River, offering strong cash flow and exceptional versatility. Each unit features 3 bedrooms with classic double parlors, allowing for flexible layouts that can easily function as 4-bedroom units. All apartments are in excellent condition with spacious, well-maintained interiors. Major updates include a newer roof, updated water tanks, and modern mechanicals, making this a truly low-maintenance, pride-of-ownership property. The property also offers six off-street parking spaces as an added bonus for tenants and owners alike. Conveniently located with easy access to the MBTA train station, public transportation, shopping, restaurants, the waterfront, and the Children’s Museum, this property offers both accessibility and lifestyle appeal. Ideal for investors looking to expand their portfolio with a solid income-producing asset, or for owner-occupants seeking to offset their mortgage with strong rental income.

This home has been viewed 8 times

Last Checked: April 23rd, 2026 at 4:29am (Source: MLS PIN #73505051)

Gross Income: $68,400

Gross Expenses: $7,126

Net Income Calc: $61,274

Annual Expenses for 847 Locust St, Fall River MA 02720

Total Gross Expenses (Calculated)$7,126/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7126

Annual Income & Unit Breakdown for 847 Locust St, Fall River MA 02720

Total Gross Income (Calculated)$68,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 847 Locust St, Fall River MA 02720

Listing ID73505051

Property TypeMulti Family / 3 Family

Price729000 ($214.47/SqFt)

Style3 Family - 3 Units Up/down

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total3399

Approximate Lot Size (Acres)0.17

Total Parking6

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

ZoningM

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 847 Locust St, Fall River MA 02720

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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 847 Locust St, Fall River MA 02720

Real Estate Taxes7126

Tax Year2025

Assessed Value$622,400

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 847 Locust St, Fall River MA 02720

Neighborhood(s)

Area Amenities

Contact Information for 847 Locust St, Fall River MA 02720

Agent

Name: Tai Gonsalves

Office

Name: LPT Realty, LLC

Phone: 877-366-2213

Team Members

Name: Alisia Simpkins

Payment Calculator

, Interest

Property Taxes 593.83

Principal & Interest 4491.87

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LPT Realty, LLC

Tai Gonsalves

Agent Phone

Office Phone

(877) 366-2213

Text Agent Call Agent Call Office

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    [unparsed] => 847 Locust St, Fall River MA 02720
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EXIT

37 More Photos

Withdrawn

847 Locust St, Fall River MA 02720

$729,000

Annual Expenses for 847 Locust St, Fall River MA 02720

Annual Income & Unit Breakdown for 847 Locust St, Fall River MA 02720

General Information for 847 Locust St, Fall River MA 02720

Disclosures for 847 Locust St, Fall River MA 02720

Financial Information for 847 Locust St, Fall River MA 02720

Location Information for 847 Locust St, Fall River MA 02720

Contact Information for 847 Locust St, Fall River MA 02720

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

LPT Realty, LLC

Tai Gonsalves