Active

296 Days on market

1231 Robeson St Fall River — Photo 1 of 42

Recent Drop: $50,000

$649,000

$599,000

Investment Analysis — 1231 Robeson St

Fall River, MA 02720

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 5-bedroom in 02720 carries an estimated $2,320/mo in gross rent — about a 2.68% cap rate and $16,074/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

2,726

Style

Single Family

Built

1900

Welcome to this beautifully maintained Colonial, ideally located in the prestigious Highlands neighborhood of Fall River. The first level is introduced by a grand foyer, with exquisite craftsmanship showcased throughout in the detailed moldings, sculpted posts, fine cabinetry, elegant staircase, classic window seats, and hardwood flooring. This level also features a fireplaced formal dining room, a gourmet kitchen appointed with granite countertops and stainless steel appliances, a pantry, a spacious fireplaced living room, a private study, and a convenient half bath. The second level offers four generously proportioned bedrooms, including a fireplaced primary suite, along with a full bathroom. Hardwood flooring continues throughout this level as well. Situated on a desirable corner lot with a one-car garage. This distinguished residence provides convenient access to Routes 24, 195, and 79. Recent improvements include a heating system, updated electrical, and a new roof.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,726 sq ft principal dwelling). Lot size: 10,215 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.