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Active

131 Thomas St, Fall River MA 02723

$979,000

Estimated $2,156/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $163,166.67

Total Rent: 64800/year

Estimated CAP Rate:

17 Bedrooms

Baths

4704

Total Parking: 4

4,173 (0.10)

Attention Investors! Turn key 6 unit currently fully occupied. All utilities are separated and paid for by the tenants. Two of the six units already have de-lead certificates. Many updates throughout the years including brand new fire panel and roof approximately 10 years ago. Driveway could easily be extended to offer even more off-street parking. Rents are currently below market. Do not miss out on this great investment in a community on the rise!

This home has been viewed 35 times

Last Checked: June 2nd, 2026 at 9:05am (Source: MLS PIN #73522395)

Gross Income: $64,800

Gross Expenses: $6,828

Net Income Calc: $57,972

Water Views

Annual Expenses for 131 Thomas St, Fall River MA 02723

Total Gross Expenses (Calculated)$6,828/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6828

Annual Income & Unit Breakdown for 131 Thomas St, Fall River MA 02723

Total Gross Income (Calculated)$64,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

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

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 131 Thomas St, Fall River MA 02723

Listing ID73522395

Property TypeMulti Family / 5+ Family

Price979000 ($208.12/SqFt)

Style5-9 Family

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total4704

Approximate Lot Size (Acres)0.1

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningN/A

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 131 Thomas St, Fall River MA 02723

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

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 131 Thomas St, Fall River MA 02723

Real Estate Taxes6828

Tax Year2025

Assessed Value$596,300

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 131 Thomas St, Fall River MA 02723

Neighborhood(s)

Area Amenities

Contact Information for 131 Thomas St, Fall River MA 02723

Agent

Name: Daniel Quintal

Office

Name: Dan Quintal Real Estate

Phone: 508-676-7274

Payment Calculator

, Interest

Property Taxes 569

Principal & Interest 6032.29

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Dan Quintal Real Estate

Daniel Quintal

Agent Phone

Office Phone

(508) 676-7274

Text Agent Call Agent Call Office

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    [unparsed] => 131 Thomas St, Fall River MA 02723
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EXIT

32 More Photos

Active

131 Thomas St, Fall River MA 02723

$979,000

Annual Expenses for 131 Thomas St, Fall River MA 02723

Annual Income & Unit Breakdown for 131 Thomas St, Fall River MA 02723

General Information for 131 Thomas St, Fall River MA 02723

Disclosures for 131 Thomas St, Fall River MA 02723

Financial Information for 131 Thomas St, Fall River MA 02723

Location Information for 131 Thomas St, Fall River MA 02723

Contact Information for 131 Thomas St, Fall River MA 02723

Agent

Office

Payment Calculator

Exclusive Listing Agent

Dan Quintal Real Estate

Daniel Quintal