Investment Analysis — 222 Albion St

Fall River, MA 02723

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-bedroom in 02723 carries an estimated $1,510/mo in gross rent — about a 3.16% cap rate and $10,720/yr in estimated NOI at the $339,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

775

Style

Single Family

Built

1900

Welcome to 222 Albion Street! This charming and well-maintained 2-bedroom, 1-bath cottage offers comfortable, easy living in a convenient Fall River location. Step inside to a bright and inviting interior with a functional layout that makes great use of the space. The walk-out basement offers plenty of room for storage and added convenience. With public water and sewer, natural gas heat, and major updates already completed, this home is a great option for first-time buyers, downsizers, or anyone looking for a move-in-ready home without the upkeep of a larger property. Conveniently located near shopping, parks, public transportation, medical facilities, and highway access. Come see how much this sweet home has to offer!

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: 388 sq ft (the lesser of 900 sq ft or half the 775 sq ft principal dwelling). Lot size: 2,165 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 MLS and other third-party data may be inaccurate or out of date.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.