All the heavy lifting done on this one, light value-add remaining! Substantially updated six-unit two blocks from Charlton Hospital and near MBTA station. Three 2-bedroom units and three 1-bedroom units. Four units leased, one unit ready for occupancy, one unit wrapping up construction. Five of six units have updated kitchen and baths, one occupied unit left to renovate. Two units have lead certificates. Tenant paid gas and electric with Landlord paid hot water. Common area capital improvements in the last three years include new roof and gutters, new vinyl siding, new electric wiring (certified knob and tube free), new whole-building insulation (through MassSave), and new fire alarm system. Four stall garage in the back yard, with additional uncovered space for off-street parking. Shared coin-op laundry in the basement, with additional room to create Tenant storage.
This home has been viewed 21 times
Last Checked: June 18th, 2026 at 4:29am (Source: MLS PIN #73531757)
Gross Income: $53,280
Gross Expenses: $7,089
Net Income Calc: $46,191
Water Views
Annual Expenses for 286 Grove St, Fall River MA 02720
Total Gross Expenses (Calculated)$7,089/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7089
Annual Income & Unit Breakdown for 286 Grove St, Fall River MA 02720
Total Gross Income (Calculated)$53,280
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 286 Grove St, Fall River MA 02720
Listing ID73531757
Property TypeMulti Family / 5+ Family
Price960000 ($210.57/SqFt)
Style5-9 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total4559
Approximate Lot Size (Acres)0.17
Total Parking15 (4 Garage)
Garage Parking4
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningA-2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 286 Grove St, Fall River MA 02720
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSee Disclosures
Financial Data SourceEstimated
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 286 Grove St, Fall River MA 02720
Real Estate Taxes7089
Tax Year2025
Assessed Value$619,100
Financial Data SourceEstimated
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 286 Grove St, Fall River MA 02720
Neighborhood(s)
Area Amenities
Contact Information for 286 Grove St, Fall River MA 02720