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Active

229 Tripp Street, Fall River MA 02724

$935,000

Estimated $2,296/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $155,833.33

Total Rent: 69900/year

Estimated CAP Rate:

12 Bedrooms

Baths

4968

Total Parking: 6

5,985 (0.14)

Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $100K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.

This home has been viewed 12 times

Last Checked: September 26th, 2026 at 5:48am (Source: MLS PIN #73565049)

Gross Income: $69,900

Gross Expenses: $9,354

Net Income Calc: $60,546

Water Views

Annual Expenses for 229 Tripp Street, Fall River MA 02724

Total Gross Expenses (Calculated)$9,354/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9354

Annual Income & Unit Breakdown for 229 Tripp Street, Fall River MA 02724

Total Gross Income (Calculated)$69,900

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 229 Tripp Street, Fall River MA 02724

Listing ID73565049

Property TypeMulti Family / 5+ Family

Price935000 ($188.2/SqFt)

Style5-9 Family

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total4968

Approximate Lot Size (Acres)0.14

Total Parking6

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningIND

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 229 Tripp Street, Fall River MA 02724

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 229 Tripp Street, Fall River MA 02724

Real Estate Taxes9354

Tax Year2026

Assessed Value$814,800

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 229 Tripp Street, Fall River MA 02724

Middle SchoolKuss Middle School

High SchoolDurfee/Diman

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 229 Tripp Street, Fall River MA 02724

Agent

Name: Mario Pereira

Office

Name: eXp Realty LLC

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 779.5

Principal & Interest 5761.17

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC

Mario Pereira

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

8 More Photos

Active

229 Tripp Street, Fall River MA 02724

$935,000

Annual Expenses for 229 Tripp Street, Fall River MA 02724

Annual Income & Unit Breakdown for 229 Tripp Street, Fall River MA 02724

General Information for 229 Tripp Street, Fall River MA 02724

Disclosures for 229 Tripp Street, Fall River MA 02724

Financial Information for 229 Tripp Street, Fall River MA 02724

Location Information for 229 Tripp Street, Fall River MA 02724

Contact Information for 229 Tripp Street, Fall River MA 02724

Agent

Office

Payment Calculator

Exclusive Listing Agent

eXp Realty LLC

Mario Pereira