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489 Spring, Fall River MA 02721

$1,200,000

Estimated $2,773/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $400,000

Total Rent: 33000/year

Estimated CAP Rate:

9 Bedrooms

Baths

4346

Total Parking: 2

3,454 (0.08)

Presenting 489 Spring Street in Fall River, MA, a newly constructed, distinguished 3-family property. Two out of the three units are currently vacant, making this a great investor or owner-occupant option. This attractive property was thoughfully rebuilt from the foundation up. Each unit offers an open floor plan with 3 spacious bedrooms, 9' ceilings, granite countertops, new stainless steel appliances, hardwood floors throughout, and tiled bathrooms. Each unit also features central A/C, separate utilities, and security intercom system. Conveniently located near the bus station and just a short distance from the MBTA commuter rail. Exterior features maintenance-free vinyl siding and trex decking. Truly a low maintenance, turn-key property!

This home has been viewed 6 times

Last Checked: June 23rd, 2026 at 7:43pm (Source: MLS PIN #73539650)

Gross Income: $33,000

Gross Expenses: $9,929

Net Income Calc: $23,071

Annual Expenses for 489 Spring, Fall River MA 02721

Total Gross Expenses (Calculated)$9,929/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9929

Annual Income & Unit Breakdown for 489 Spring, Fall River MA 02721

Total Gross Income (Calculated)$33,000

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

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 489 Spring, Fall River MA 02721

Listing ID73539650

Property TypeMulti Family / 3 Family

Price1200000 ($276.12/SqFt)

Style3 Family

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total4346

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningCBD

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 489 Spring, Fall River MA 02721

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsBasement Fridge

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 489 Spring, Fall River MA 02721

Real Estate Taxes9929

Tax Year2026

Assessed Value$853,600

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 489 Spring, Fall River MA 02721

Neighborhood(s)

Area Amenities

Contact Information for 489 Spring, Fall River MA 02721

Agent

Name: Joshua Frias

Office

Name: Lamacchia Realty, Inc.

Phone: 508-677-3629

Payment Calculator

, Interest

Property Taxes 827.42

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Joshua Frias

Agent Phone

Office Phone

(508) 677-3629

Text Agent Call Agent Call Office

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EXIT

37 More Photos

Active

489 Spring, Fall River MA 02721

$1,200,000

Annual Expenses for 489 Spring, Fall River MA 02721

Annual Income & Unit Breakdown for 489 Spring, Fall River MA 02721

General Information for 489 Spring, Fall River MA 02721

Disclosures for 489 Spring, Fall River MA 02721

Financial Information for 489 Spring, Fall River MA 02721

Location Information for 489 Spring, Fall River MA 02721

Contact Information for 489 Spring, Fall River MA 02721

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lamacchia Realty, Inc.

Joshua Frias