Invest in Fall River! Well-maintained 8-unit property spanning four levels, offering four 3-bedroom units and four 2-bedroom units. Each spacious unit has seen updates, including improvements to common areas, kitchens and baths. All units feature baseboard heating and individually metered electric for added convenience and efficiency. Property includes off-street parking for eight vehicles and is ideally located near highway access, parks, and schools. Seller just installed a new aluminum fire escape. Current NOI exceeds $117K with additional upside potential.
Multi-familyProperty Type
1900Year Built
6,220 sq ftLot Size
$182Price/Sq.Ft.
8 spacesParking
Listed by Christopher Paiva• Paiva Real Estate Services, LLC
Listed by Fred Grizotte• Paiva Real Estate Services, LLC
Quequechan Street-Alden Street, located between Quequechan Street and Alden Street, is a residential and industrial Fall River neighborhood with mill-era brickwork and river-cut topography. The neighborhood’s character concentrates around the Quequechan Street corridor near the Braga Bridge approaches, where corner storefronts, takeout counters, and auto-service bays set a working-day rhythm. Triple-deckers and compact side streets sit alongside former mill buildings that hint at the city’s textile past. The Quequechan River’s channel and falls shape the street grid and sightlines. Battleship Cove and the waterfront add a salt-air edge to nearby errands. Downtown’s arts and dining scene sits a short drive away for gallery nights and theater marquees.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Living room
Kitchen
36 total rooms
Bathrooms
8 full bathrooms
Kitchen
Range
Refrigerator
Range hood
Flooring
Tile
Carpet
Heating & cooling
Baseboard heating
Natural gas heating
8 heating units
No central cooling units reported
Exterior features
Fenced/enclosed yard
Rain gutters
Shed(s)
Cleared lot
Public road frontage (65 ft)
Home design
5-9 family multifamily property
5 stories
Renovated since original construction
Parking
8 total parking spaces
Off-street, assigned, paved open parking
Construction
Frame construction
Concrete perimeter foundation and slab
Rubber roof
Built prior to renovation (year per public records)
Utilities
Public water
Public sewer
Gas available for range and oven
Electric with circuit breakers, 60 amps or less, individually metered (varies per unit)
HOA & community
Nearby public transportation, shopping, parks, highway access, houses of worship, private and public schools
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
Newly Offered / *FULLY DELEADED!* / Family Owned & Well Maintained 7200+ S.F. 8 FAMILY building in the quiet East End of Fall River. Fantastic investment property offering ample OFF STREET 8 CAR PARKING & conveniently located near schools, parks and just minutes to the highway. Fully vinyl sided with 4 levels, featuring four spacious fully applianced 3 bedroom 1 bath apartments on the South wing and four spacious 2 bedroom 1 bath apartments on the North wing. Long term ownership & tenants, individual gas & electric utilities for each unit, all tenants at will, paying their own utilities except hot water & New 2021 Hot water heater. Investors TAKE NOTE - Limitless potential in a prime location. DO NOT let this one slip away!
Public Records
Sep 18, 1991
Sold
$100,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,220 (+14.5%)
$86,300 + $420,600
$506,900
2022
$5,430 (+9.6%)
$82,200 + $348,100
$430,300
2021
$4,955 (+15.9%)
$78,200 + $280,100
$358,300
2020
$4,274 (+9.4%)
$77,100 + $218,700
$295,800
2019
$3,905 (+5.1%)
$74,200 + $193,600
$267,800
2018
$3,715 (+6.0%)
$80,400 + $173,700
$254,100
2017
$3,504 (+3.7%)
$76,600 + $173,700
$250,300
2016
$3,380 (+4.2%)
$81,600 + $166,400
$248,000
2015
$3,244 (−0.2%)
$81,600 + $166,400
$248,000
2014
$3,249 (+2.7%)
$79,200 + $179,100
$258,300
2013
$3,164 (+5.7%)
$84,200 + $181,000
$265,200
2012
$2,993 (+7.3%)
$91,600 + $181,000
$272,600
2011
$2,789 (−14.2%)
$91,600 + $181,000
$272,600
2010
$3,250 (+2.0%)
$113,100 + $246,400
$359,500
2009
$3,185
$118,800 + $276,300
$395,100
Public record
Beds
20
Baths
8
Stories
4
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
7,296
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,296
Year built
1900
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2829457
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
68
79
62
74
59
64
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 144 Choate St
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