Discover the potential of 583 Centre St, located in the heart of Fall River, MA. This multi-family property offers 1,300 square feet of living space, providing a versatile layout designed for practical and efficient use. As a single-story residence on a 3,600-square-foot lot, this property presents a straightforward opportunity for those looking to invest in a functional residential space. The interior layout encompasses three bedrooms, offering clear options for private quarters, a home office, or guest accommodations. Each room provides a blank canvas to tailor the space to your specific lifestyle requirements. The home is completed by one full bathroom, which serves as a central, accessible space for daily routines and household needs. This property effectively combines its 1,300 square feet of living area with an easily manageable 3,600-square-foot lot, creating a streamlined living environment that is ready for your personal vision. Contact us today to schedule your private tour and explore the possibilities of this functional Fall River property.
This home has been viewed 16 times
Last Checked: October 28th, 2026 at 8:03am (Source: MLS PIN #73595485)
Gross Income: $79,200
Gross Expenses: $3,467
Net Income Calc: $75,733
Annual Expenses for 583 Centre St, Fall River MA 02724
Total Gross Expenses (Calculated)$3,467/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3467
Annual Income & Unit Breakdown for 583 Centre St, Fall River MA 02724
Total Gross Income (Calculated)$79,200
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 583 Centre St, Fall River MA 02724
Listing ID73595485
Property TypeMulti Family / 3 Family
Price860000 ($171.11/SqFt)
Style3 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total5026
Approximate Lot Size (Acres)0.08
Total Parking0
Garage Parking0
Year Built1900
Year Built SourceAppraiser
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 583 Centre St, Fall River MA 02724
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
ExclusionsAll Tenant Possessions
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 583 Centre St, Fall River MA 02724
Real Estate Taxes3467
Tax Year2025
Assessed Value$306,500
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 583 Centre St, Fall River MA 02724
Neighborhood(s)
Area Amenities
Contact Information for 583 Centre St, Fall River MA 02724