Welcome to this spacious and well maintained two family home located in one of Fall River's most desirable neighborhoods. Offering exceptional versatility for both owner occupants and investors, this unique property features two townhouse style units, each spanning two levels. The first unit offers 4 generous bedrooms and will be delivered vacant, making it the perfect opportunity for an owner occupant or to lease at current market rents.The second unit is equally impressive, offering a spacious unit with 3 generously sized bedrooms, abundant natural light, and plenty of living space, making it ideal for owner occupants, extended family, or strong rental income potential. Throughout the home you'll find beautiful hardwood floors, adding timeless charm & character, along with all new windows for improved energy efficiency and low maintenance. Conveniently located near shopping, restaurants, schools, and the T Station, this is a rare opportunity you won't want to miss!
This home has been viewed 15 times
Last Checked: July 25th, 2026 at 7:33am (Source: MLS PIN #73552215)
Gross Income: $27,600
Gross Expenses: $4,739
Net Income Calc: $22,861
Water Views
Annual Expenses for 40 Lincoln Ave, Fall River MA 02720
Total Gross Expenses (Calculated)$4,739/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4739
Annual Income & Unit Breakdown for 40 Lincoln Ave, Fall River MA 02720
Total Gross Income (Calculated)$27,600
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 40 Lincoln Ave, Fall River MA 02720
Listing ID73552215
Property TypeMulti Family
Price599999 ($166.67/SqFt)
StyleMulti Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total3600
Approximate Lot Size (Acres)0.07
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningB-L
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront Features
Terms
Disclosures for 40 Lincoln Ave, Fall River MA 02720
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsElectric Fireplace
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 Lincoln Ave, Fall River MA 02720
Real Estate Taxes4739
Tax Year2025
Assessed Value$413,900
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 Lincoln Ave, Fall River MA 02720
Neighborhood(s)
Area Amenities
Contact Information for 40 Lincoln Ave, Fall River MA 02720