Prime 3-Family Investment Opportunity in the Heart of Fall RiverSTART YOUR INVESTMENT PORTFOLIO HERE with this fully rented, income-producing three-family property located in a central Fall River location. This well-maintained asset offers an exceptional combination of steady cash flow, solid historical occupancy, and significant recent capital improvements.Property Highlights & Unit LayoutsConfiguration: Three spacious units, each featuring 6 rooms, 3 bedrooms, and 1 bathroom (9 bedrooms and 3 bathrooms total).Capital Improvements: Benefit from major recent updates, including a brand-new roof (2024), a new gas furnace dedicated to the 1st floor, a brand-new 2nd-floor mini-split unit for efficient heating and cooling, and a new water heater installed in September 2026.Systems & Exterior: Independent gas heating, municipal water, municipal sewer, durable vinyl siding, and replacement vinyl windows for low-maintenance upkeep.Tenancy & Income: Fully occupied with stable rental income in place. The 1st floor is on a monthly lease, the 2nd floor is on a 1-year lease, and the 3rd floor is tenant-at-will.Location & Commuter ConvenienceCentrally located with immediate access to local shopping, dining, and neighborhood amenities. Perfectly positioned for commuters, the property offers easy access to major highways and the Boston-bound train station, ensuring strong, continuous tenant demand.Note: On-street parking only.An outstanding turnkey addition or cornerstone for any investor's portfolio in Bristol County. Schedule your private showing today!
Merchants Association, located between Downtown Fall River and the Highlands, is a commercial and civic Fall River neighborhood with a historic streetscape and a working waterfront backdrop. The neighborhood’s character concentrates around South Main Street near Government Center, where storefront blocks, lunch counters, and service shops keep the sidewalks in motion. Pillars include the Narrows Center for the Arts, the Fall River Historical Society, and Battleship Cove. Brick mill-era buildings and compact blocks give the area a classic South Coast rhythm. Braga Bridge views and the Taunton River edge add open sky to the urban grid. Cafes, galleries, and small offices share space with long-running local institutions.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Storage
Living room
Dining room
Bathrooms
3 full bathrooms
Kitchen
Range
Refrigerator
Flooring
Vinyl flooring
Wood flooring
Heating & cooling
Forced-air, natural gas, heat pump, electric, ductless, and space-heater heating
Heat-pump and ductless cooling
Exterior features
Fenced yard
Level terrain
Public road frontage
Home design
Three-family property
6 stories
Construction
Concrete perimeter foundation
Utilities
Public water
Public sewer
Gas for range
HOA & community
Sidewalks
Electricity and solar
View estimated energy costs and solar savings for this home
PRICE IMPROVEMENT! START YOUR INVESTMENT PORTFOLIO HERE with this fully rented income-producing multi-family. This well Maintained 3 Family with 3 Bedrooms and 1 Bath in each unit. Many updates throughout including a New Gas Furnace for the 1st floor unit and a New Roof in 2024. Gas Heat, Municipal water and Sewerage. Vinyl Siding and Vinyl Windows. All 3 apartments have 6 rooms in each and are occupied. 1st floor has a Lease, 2nd & 3rd are "Tenants at Will". Centrally located in the heart of Fall River with close proximity to shopping and dining amenities. Easy Access to the highway and train station to Boston, perfect for Commuters. On-Street Parking Only. This is the Best 9 Bedroom 3 Family in Bristol County! $$$$
Public Records
Feb 16, 1996
Sold
$55,000
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,855 (+12.4%)
$78,800 + $235,400
$314,200
2022
$3,430 (+8.8%)
$75,000 + $196,800
$271,800
2021
$3,152 (+11.2%)
$71,800 + $156,100
$227,900
2020
$2,835 (+14.6%)
$69,400 + $126,800
$196,200
2019
$2,474 (+3.0%)
$69,400 + $100,300
$169,700
2018
$2,401 (+4.4%)
$73,600 + $90,600
$164,200
2017
$2,299 (−5.4%)
$73,600 + $90,600
$164,200
2016
$2,429 (+6.3%)
$90,000 + $88,200
$178,200
2015
$2,286 (−5.9%)
$86,600 + $88,200
$174,800
2014
$2,429 (+3.5%)
$96,100 + $97,000
$193,100
2013
$2,347 (+7.6%)
$98,100 + $98,600
$196,700
2012
$2,181 (+7.3%)
$97,200 + $101,400
$198,600
2011
$2,032 (+0.7%)
$97,200 + $101,400
$198,600
2010
$2,018 (+2.9%)
$104,400 + $118,800
$223,200
2009
$1,961
$107,200 + $136,100
$243,300
Public record
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,210
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,210
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Bristol County
APN
2829745
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Fall River, MA • 02723
Average low and high temperatures (°F)
35
23
37
24
49
34
58
43
67
53
79
63
82
67
79
62
74
59
63
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Fall River. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 129 County St
$648,826
$1,174 under list price of $650K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $590K to $750K.