Back to Search
Active
62 Days on market
407-409 Belmont St Fall River — Photo 1 of 39

407-409 Belmont St Fall River — Photo 1 of 39

Recent Drop: $20,000

$575,000
$555,000

$555,000

Investment Analysis — 407-409 Belmont St

Fall River, MA 02720

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02720 carries an estimated $3,260/mo in gross rent — about a 4.22% cap rate and $23,429/yr in estimated NOI at the $555,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

2

SqFt

2,968

Style

2 Family - 2 Units Up/Down

Built

1900

PRICE IMPROVEMENT!!! Don't miss this beautifully maintained two-family property, perfect for investors or owner occupants looking to offset their mortgage with rental income. Each spacious unit features beautiful hardwood floors, oversized double parlors, and high ceilings, offering both charm and functionality. Additional highlights include separate utilities, a full basement, and a two-car garage for added convenience. Located just one block from the desirable Highlands in a sought-after neighborhood, this rare opportunity combines location, value, and income potential. Schedule your private showing today, properties like this don't last long.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$575,000
Annual Taxes$6,302

Parking

Garage2
Off-Street2

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningR-4

Property & Lot

Acres0.17
SqFt Lot7,239
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path

Geography

Property History

Price Drop
$555,000

Was $575,000

Sep 17, 2026

MLS® 73559350

Listed
$575,000

Aug 5, 2026

MLS® 73559350

Listing Provided By

Listing Agent: Jose Tineo

Listing Office: Keller Williams Realty North Central

MLS® Number: 73559350