Completely renovated and move-in ready two-family home in Fall River just minutes from Somerset, offering an excellent opportunity for both owner-occupants and investors. Each unit has been thoughtfully updated with modern kitchens, refreshed bathrooms, new flooring, and its own forced hot air heating system along with split systems for air conditioning. Both units also feature a balcony. The property is well maintained and ready for its next owner, with great tenants already in place providing immediate rental income. Ideally located just minutes from Somerset, MA, the home offers convenient access to local shops, restaurants, schools, major roads, and surrounding communities. With extensive renovations already completed, updated heating and cooling systems, modern finishes, and a desirable two-family layout, this property offers comfort, convenience, and strong investment potential. A MUST SEE, turnkey multifamily opportunity in a convenient Fall River location.
This home has been viewed 2 times
Last Checked: October 5th, 2026 at 8:48pm (Source: MLS PIN #73586608)
Gross Income: $48,000
Gross Expenses: $4,992
Net Income Calc: $43,008
Annual Expenses for 16 Murray St, Fall River MA 02720
Total Gross Expenses (Calculated)$4,992/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4992
Annual Income & Unit Breakdown for 16 Murray St, Fall River MA 02720
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 16 Murray St, Fall River MA 02720
Listing ID73586608
Property TypeMulti Family / 2 Family
Price649900 ($282.57/SqFt)
Style2 Family - 2 Units Up/down
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total2300
Approximate Lot Size (Acres)0.08
Total Parking3
Garage Parking0
Year Built1921
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Area1008
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningG
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 16 Murray St, Fall River MA 02720
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator In Basement And Table In The Kitchen.
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 16 Murray St, Fall River MA 02720
Real Estate Taxes4992
Tax Year2026
Assessed Value$434,800
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 16 Murray St, Fall River MA 02720
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 16 Murray St, Fall River MA 02720