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185 Covel St, Fall River MA 02723

$599,900

Estimated $1,457/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $199,966.67

Total Rent: 18000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2685

Total Parking: 0

4,704 (0.11)

Great opportunity to own a three family home in Fall River's East End. Each unit offers 5 rooms, including two bedrooms providing a comfortable layout. This multifamily property presents an excellent opportunity for investors or owner occupants looking to generate rental income while building equity. Conveniently located near shopping, dining, schools, public transportation, and major highway access. Whether you are expanding your investment portfolio or looking for a multifamily to be a home! This east end property is worth a look. Schedule your showing today!

This home has been viewed 18 times

Last Checked: November 3rd, 2026 at 9:18am (Source: MLS PIN #73572594)

Gross Income: $18,000

Gross Expenses: $5,810

Net Income Calc: $12,190

Annual Expenses for 185 Covel St, Fall River MA 02723

Total Gross Expenses (Calculated)$5,810/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5810

Annual Income & Unit Breakdown for 185 Covel St, Fall River MA 02723

Total Gross Income (Calculated)$18,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 185 Covel St, Fall River MA 02723

Listing ID73572594

Property TypeMulti Family / 3 Family

Price599900 ($223.43/SqFt)

Style3 Family

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total2685

Approximate Lot Size (Acres)0.11

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningG

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 185 Covel St, Fall River MA 02723

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

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 185 Covel St, Fall River MA 02723

Real Estate Taxes5810

Tax Year2026

Assessed Value$506,100

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 185 Covel St, Fall River MA 02723

Neighborhood(s)

Area Amenities

Contact Information for 185 Covel St, Fall River MA 02723

Agent

Name: Henry Alfonso

Office

Name: Alfonso Realty Co.

Phone: 508-207-0152

Payment Calculator

, Interest

Property Taxes 484.17

Principal & Interest 3696.39

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Alfonso Realty Co.

Henry Alfonso

Agent Phone

Office Phone

(508) 207-0152

Text Agent Call Agent Call Office

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    [unparsed] => 185 Covel St, Fall River MA 02723
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EXIT

29 More Photos

Active

185 Covel St, Fall River MA 02723

$599,900

Annual Expenses for 185 Covel St, Fall River MA 02723

Annual Income & Unit Breakdown for 185 Covel St, Fall River MA 02723

General Information for 185 Covel St, Fall River MA 02723

Disclosures for 185 Covel St, Fall River MA 02723

Financial Information for 185 Covel St, Fall River MA 02723

Location Information for 185 Covel St, Fall River MA 02723

Contact Information for 185 Covel St, Fall River MA 02723

Agent

Office

Payment Calculator

Exclusive Listing Agent

Alfonso Realty Co.

Henry Alfonso