Fantastic 6-Unit Investment Opportunity Near New MBTA Station & Historic District. With updated market rents this property could be producing $111,000 annually! Don't miss your chance to own this well-maintained and thoughtfully cared-for 6-unit multifamily property, ideally located just minutes from the new MBTA station, the Historic District, and Battleship Cove. With strong cash flow potential and long-term upside, this property is a perfect fit for both investors and owner-occupants alike. Enjoy ample off-street parking behind the building, and a spacious basement offering additional storage and the potential for added income through coin-operated laundry. This is a rare opportunity in a rapidly developing area -- act fast! See attached offering memorandum for more info and details.
This home has been viewed 5 times
Last Checked: September 15th, 2026 at 9:43am (Source: MLS PIN #73571132)
Gross Income: $80,400
Gross Expenses: $14,711
Net Income Calc: $65,689
Water Views
Annual Expenses for 381 Pine St, Fall River MA 02720
Total Gross Expenses (Calculated)$14,711/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6671
Annual Income & Unit Breakdown for 381 Pine St, Fall River MA 02720
Total Gross Income (Calculated)$80,400
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 381 Pine St, Fall River MA 02720
Listing ID73571132
Property TypeMulti Family / 5+ Family
Price899900 ($184.52/SqFt)
Style5-9 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total4877
Approximate Lot Size (Acres)0.15
Total Parking10
Garage Parking0
Year Built1900
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
ZoningN/A
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 381 Pine St, Fall River MA 02720
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDigital Keypad Locks Do Not Convey With Sale.
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 381 Pine St, Fall River MA 02720
Real Estate Taxes6671
Tax Year2026
Assessed Value$581,100
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 381 Pine St, Fall River MA 02720
Elementary SchoolWestall
Middle SchoolMorton
High SchoolDurfee
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 381 Pine St, Fall River MA 02720