Opportunity knocks at 245 Cory Street! This well-positioned Fall River property offers a great combination of location, flexibility, and future potential. Situated in the city’s North End, the home is conveniently located near the new train depot, local amenities, major routes, shopping, dining, and everyday conveniences.Currently a legal 2-bedroom, the property features an additional room that offers exciting potential for conversion to a 3rd bedroom, subject to municipal requirements and approvals. Whether you’re looking for a comfortable home or an investment with room to add value, this property offers plenty of possibilities. Buyer and buyer’s agent to verify all requirements, permits, zoning, and approvals for any bedroom conversion or change in use with the City of Fall River.Enjoy the added benefit of a cemetery directly across the street, providing an open setting and a sense of space, along with plenty of on-street parking nearby.Even more exciting, 245 Cory Street may be purchased together with 251 Cory Street, creating a unique opportunity to acquire two neighboring properties. Whether you’re an owner-occupant, investor, or buyer looking for future possibilities, this offering is worth a closer look.With convenient access to transportation and the new train depot, plus the potential to expand the current bedroom count, 245 Cory Street is ready for its next chapter. Don’t miss the opportunity to explore everything this property has to offer!
This home has been viewed 3 times
Last Checked: September 18th, 2026 at 7:53am (Source: MLS PIN #73576489)
Gross Income: $60,000
Gross Expenses: $5,556
Net Income Calc: $54,444
Water Views
Annual Expenses for 245 Cory, Fall River MA 02720
Total Gross Expenses (Calculated)$5,556/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5556.02
Annual Income & Unit Breakdown for 245 Cory, Fall River MA 02720
Total Gross Income (Calculated)$60,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 245 Cory, Fall River MA 02720
Listing ID73576489
Property TypeMulti Family / 3 Family
Price689900 ($257.23/SqFt)
Style3 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total2682
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsUnknown/Mixed
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningG
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 245 Cory, Fall River MA 02720
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 245 Cory, Fall River MA 02720
Real Estate Taxes5556.02
Tax Year2026
Assessed Value$478,300
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 245 Cory, Fall River MA 02720
Neighborhood(s)
Area Amenities
Contact Information for 245 Cory, Fall River MA 02720