AMAZING INVESTMENT OPPORTUNITY! Don't miss this beautifully maintained two-family property, perfect for investors or owner occupants looking to offset their mortgage with rental income. Each spacious unit features beautiful hardwood floors, oversized double parlors, and high ceilings, offering both charm and functionality. Additional highlights include separate utilities, a full basement, and a two-car garage for added convenience. Located just one block from the desirable Highlands in a sought-after neighborhood, this rare opportunity combines location, value, and income potential. Schedule your private showing today, properties like this don't last long. First showing will be at the open house 08/8/2026 - 08/09/2026
This home has been viewed 2 times
Last Checked: August 5th, 2026 at 7:18pm (Source: MLS PIN #73559350)
Gross Income: $15,600
Gross Expenses: $6,302
Net Income Calc: $9,298
Annual Expenses for 407-409 Belmont St, Fall River MA 02720
Total Gross Expenses (Calculated)$6,302/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6302
Annual Income & Unit Breakdown for 407-409 Belmont St, Fall River MA 02720
Total Gross Income (Calculated)$15,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 407-409 Belmont St, Fall River MA 02720
Listing ID73559350
Property TypeMulti Family / 2 Family
Price575000 ($193.73/SqFt)
Style2 Family - 2 Units Up/down
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total2968
Approximate Lot Size (Acres)0.17
Total Parking4 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR-4
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 407-409 Belmont St, Fall River MA 02720
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 407-409 Belmont St, Fall River MA 02720
Real Estate Taxes6302
Tax Year2025
Assessed Value$550,400
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 407-409 Belmont St, Fall River MA 02720
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 407-409 Belmont St, Fall River MA 02720