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Active

216 Prospect St, Fall River MA 02720

$949,000

Estimated $2,105/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $237,250

Total Rent: 57600/year

Estimated CAP Rate:

7 Bedrooms

Baths

3452

Total Parking: 8 (2 Garage)

11,670 (0.27)

The seller is actively seeking offers and is willing to consider owner financing for well-qualified buyers. Rich in Fall River history, this grand property at 216 Prospect Street was once owned by Charlie Buffinton, the first famous professional baseball player to emerge from the city. Rich in character and filled with potential, the home is currently configured as a four-family residence but also presents a unique opportunity to be restored to an impressive single-family estate. The first-floor unit, ideal for an owner-occupant, offers approximately 1,800 square feet of living space and showcases many of the home’s original architectural details. It features a spacious kitchen, formal dining room, elegant living room with beautiful leaded-glass accents, two bedrooms, and two full bathrooms. Situated on a prominent corner lot, the property also offers a detached two-car garage, ample off-street parking, and space to create a future patio or outdoor entertaining area. Whether you envision restoring a historic single-family estate, occupying one unit while generating rental income, or expanding your investment portfolio, this distinctive property could be your home run.

This home has been viewed 114 times

Last Checked: October 16th, 2026 at 7:53am (Source: MLS PIN #73532049)

Gross Income: $57,600

Gross Expenses: $6,798

Net Income Calc: $50,802

Water Views

Annual Expenses for 216 Prospect St, Fall River MA 02720

Total Gross Expenses (Calculated)$6,798/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6798

Annual Income & Unit Breakdown for 216 Prospect St, Fall River MA 02720

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 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

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 216 Prospect St, Fall River MA 02720

Listing ID73532049

Property TypeMulti Family / 4 Family

Price949000 ($274.91/SqFt)

Style4 Family - 4 Units Up/down

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total3452

Approximate Lot Size (Acres)0.27

Total Parking8 (2 Garage)

Garage Parking2

Year Built1883

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 SpaceCovered

ZoningA-2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 216 Prospect St, Fall River MA 02720

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 216 Prospect St, Fall River MA 02720

Real Estate Taxes6798

Tax Year2025

Assessed Value$593,700

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 216 Prospect St, Fall River MA 02720

Elementary SchoolSpencer Borden Elem

Middle SchoolMorton Middle

High SchoolDurfee Hs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 216 Prospect St, Fall River MA 02720

Agent

Name: Brendan Roberts

Office

Name: Roberts Associates Real Estate

Phone: 508-675-1900

Payment Calculator

, Interest

Property Taxes 566.5

Principal & Interest 5847.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Roberts Associates Real Estate

Brendan Roberts

Agent Phone

Office Phone

(508) 675-1900

Text Agent Call Agent Call Office

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    [unparsed] => 216 Prospect St, Fall River MA 02720
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EXIT

38 More Photos

Active

216 Prospect St, Fall River MA 02720

$949,000

Annual Expenses for 216 Prospect St, Fall River MA 02720

Annual Income & Unit Breakdown for 216 Prospect St, Fall River MA 02720

General Information for 216 Prospect St, Fall River MA 02720

Disclosures for 216 Prospect St, Fall River MA 02720

Financial Information for 216 Prospect St, Fall River MA 02720

Location Information for 216 Prospect St, Fall River MA 02720

Contact Information for 216 Prospect St, Fall River MA 02720

Agent

Office

Payment Calculator

Exclusive Listing Agent

Roberts Associates Real Estate

Brendan Roberts