Well-maintained 3-family home located near Kennedy Park with convenient access to local amenities. This property offers strong income potential with steady rental occupancy and active leases in place, making it an excellent opportunity for investors seeking long-term value. Great location for commuters and those looking to expand their investment portfolio in a growing area of Fall River. Seller will consider package sale with MLS#73515047.
This home has been viewed 12 times
Last Checked: June 17th, 2026 at 6:58am (Source: MLS PIN #73515032)
Gross Income: $79,800
Gross Expenses: $5,738
Net Income Calc: $74,062
Annual Expenses for 40 Park St, Fall River MA 02721
Total Gross Expenses (Calculated)$5,738/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5738
Annual Income & Unit Breakdown for 40 Park St, Fall River MA 02721
Total Gross Income (Calculated)$79,800
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
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 40 Park St, Fall River MA 02721
Listing ID73515032
Property TypeMulti Family / 3 Family
Price700000 ($207.96/SqFt)
Style3 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total3366
Approximate Lot Size (Acres)0.07
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningB-B
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 40 Park St, Fall River MA 02721
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsFireplace Mantel In Living Room Is Excluded.
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 40 Park St, Fall River MA 02721
Real Estate Taxes5738
Tax Year2025
Assessed Value$533,400
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 40 Park St, Fall River MA 02721
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 40 Park St, Fall River MA 02721