Discover an exceptional investment or owner-occupant opportunity at this spacious 3-family property in Fall River! Each unit offers 3 bedrooms, 1 full bathroom, separate gas and electric utilities, and a private deck with beautiful views of the Taunton River and Battleship Cove. Unit 1 is leased at $2,000/month through September 30, 2027, while Unit 3 is occupied by a tenant-at-will paying $2,300/month, providing $4,300 in existing monthly rental income. Additional highlights include 4 off-street parking spaces, a shared backyard, generous attic and basement storage, and a new sewer line installed in 2025. Conveniently located near downtown Fall River, waterfront attractions, major highways, and the South Coast Rail commuter service connecting Fall River to Boston. Whether you're expanding your investment portfolio or exploring an owner-occupied multifamily opportunity, this property offers space, income, and an excellent location. Schedule your showing today!
This home has been viewed 7 times
Last Checked: November 4th, 2026 at 7:13am (Source: MLS PIN #73597897)
Gross Income: $51,600
Gross Expenses: $6,150
Net Income Calc: $45,450
Water Views
Annual Expenses for 28 Meadow Street, Fall River MA 02720
Total Gross Expenses (Calculated)$6,150/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6150
Annual Income & Unit Breakdown for 28 Meadow Street, Fall River MA 02720
Total Gross Income (Calculated)$51,600
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 28 Meadow Street, Fall River MA 02720
Listing ID73597897
Property TypeMulti Family / 3 Family
Price699974 ($190.62/SqFt)
Style3 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total3672
Approximate Lot Size (Acres)0.11
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningM
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront Features
Terms
Disclosures for 28 Meadow Street, Fall River MA 02720
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
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 28 Meadow Street, Fall River MA 02720
Real Estate Taxes6150
Tax Year2025
Assessed Value$537,100
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 28 Meadow Street, Fall River MA 02720
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 28 Meadow Street, Fall River MA 02720