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162 Days on market
801 N Main St Fall River — Photo 1 of 20

801 N Main St Fall River — Photo 1 of 20

$1,200,000

Investment Analysis — 801 N Main St

Fall River, MA 02720

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 9-unit multi-family in 02720 carries an estimated $18,513/mo in gross rent — about a 13.49% cap rate and $161,935/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

9

SqFt

6,414

Style

5-9 Family

Built

1882

799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River’s most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collect

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 MLS and other third-party data may be inaccurate or out of date.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$1,200,000
Annual Taxes$6,904

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms22
FireplacesNone
FlooringTile, Vinyl
BasementWalk-Out Access, Interior Entry

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Stone, Block
RoofRubber, Asphalt/Composition Shingles
FoundationConcrete Perimeter, Block, Stone, Brick/Mortar, Other
ZoningB-L

Property & Lot

Acres0.16
SqFt Lot7,113
Lot FeaturesSloped

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Donald Martone

Listing Office: BOND BROKERAGE

MLS® Number: 73507804