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Canceled

386-388 Locust St, Fall River MA 02720

$1,100,000

Estimated $1,956/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $275,000

Total Rent: 0/year

Estimated CAP Rate:

13 Bedrooms

Baths

6345

Total Parking: 2

11,064 (0.25)

RARE OPPORTUNITY for a completely VACANT, almost entirely new construction multifamily in Fall River’s desirable Highlands! Be the first owner of this extensively rebuilt property offering an incredible 13 bedrooms and 6 bathrooms with spacious, thoughtfully designed layouts throughout. Nearly everything is NEW, including framing, electrical, plumbing, roof, windows, vinyl siding, kitchens, bathrooms, HVAC systems and more.Two of the units feature highly desirable townhouse-style layouts, each offering 4 spacious bedrooms and 2 full bathrooms—an extremely rare setup in today’s multifamily market. The brand-new kitchens feature quartz countertops, modern cabinetry and beautiful finishes, complemented by newly designed bathrooms throughout.Each unit is equipped with HVAC, plus the added convenience of electrical panels located within each individual unit. Situated on a corner lot, the property also offers off-street parking and multiple attached storage sheds, providing valuable additional storage for occupants.Enjoy water views overlooking the Taunton River and the iconic Braga Bridge from this prime Highlands location. With 13 bedrooms, 6 bathrooms, extensive new construction, large townhouse-style units, modern systems, parking, storage, water views and the tremendous advantage of being delivered completely vacant, this is a standout opportunity for an owner-occupant or investor. Move in, select your own tenants and establish rents from day one!

This home has been viewed 16 times

Last Checked: October 7th, 2026 at 4:29am (Source: MLS PIN #73582917)

Gross Income: $0

Gross Expenses: $2,066

Net Income Calc: $2,066

Annual Expenses for 386-388 Locust St, Fall River MA 02720

Total Gross Expenses (Calculated)$2,066/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax2066

Annual Income & Unit Breakdown for 386-388 Locust St, Fall River MA 02720

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor4

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor3

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 386-388 Locust St, Fall River MA 02720

Listing ID73582917

Property TypeMulti Family / 4 Family

Price1100000 ($173.36/SqFt)

Style4 Family - 4 Units Side By Side

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total6345

Approximate Lot Size (Acres)0.25

Total Parking2

Garage Parking0

Year Built1883

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningA-2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 386-388 Locust St, Fall River MA 02720

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

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 386-388 Locust St, Fall River MA 02720

Real Estate Taxes2066

Tax Year2026

Assessed Value$180,000

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 386-388 Locust St, Fall River MA 02720

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 386-388 Locust St, Fall River MA 02720

Agent

Name: Gary Gagne Jr.

Office

Name: Freedom Realty Group LLC

Phone: 774-361-2794

Team Members

Payment Calculator

, Interest

Property Taxes 172.17

Principal & Interest 6777.85

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Freedom Realty Group LLC

Gary Gagne Jr.

Agent Phone

Office Phone

(774) 361-2794

Text Agent Call Agent Call Office

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    [unparsed] => 386-388 Locust St, Fall River MA 02720
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EXIT

39 More Photos

Canceled

386-388 Locust St, Fall River MA 02720

$1,100,000

Annual Expenses for 386-388 Locust St, Fall River MA 02720

Annual Income & Unit Breakdown for 386-388 Locust St, Fall River MA 02720

General Information for 386-388 Locust St, Fall River MA 02720

Disclosures for 386-388 Locust St, Fall River MA 02720

Financial Information for 386-388 Locust St, Fall River MA 02720

Location Information for 386-388 Locust St, Fall River MA 02720

Contact Information for 386-388 Locust St, Fall River MA 02720

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Freedom Realty Group LLC

Gary Gagne Jr.