Great value at this aggressive price! Fantastic opportunity to own a well-maintained 10-unit building in a prime commuter location. This property features a highly desirable layout comprised primarily of spacious 3 and 2 -bedroom units, perfect for attracting long-term, stable residents. Lead compliance certificates are already in hand for some of the units. Commuters will love the convenient location just minutes from the MBTA transit line as well as parks and a hospital. Some of the heavy lifting has been done for you with major recent updates, including a brand-new roof, updated electrical wiring, and low-maintenance vinyl siding. With great bones, modern mechanical updates, and excellent rental income potential, this building is a rare find in today's market.
St. Annes, located between Downtown Fall River and the South End, is a historic and residential Fall River neighborhood with a hilltop basilica skyline and tightly gridded streets. The neighborhood’s character concentrates around the intersection of South Main Street and Middle Street, where corner markets, bakeries, and long-running eateries set a steady, street-level rhythm. Triple-deckers and compact single-family homes mix with brick institutional buildings, giving blocks a layered, lived-in look. St. Anne’s Shrine anchors the streetscape with its twin spires and broad steps. Battleship Cove and the waterfront paths sit just north, adding harbor views to everyday routes. The Narrows Center for the Arts and the Fall River Historical Society place live music and local history within a short drive.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
30 total rooms
Full interior basement with interior entry, bulkhead access, sump pump, dirt floor and unfinished space
Flooring varies by unit including wood and vinyl
Bathrooms
10 full bathrooms
10 half bathrooms
Flooring
Wood floors
Vinyl floors
Flooring varies by unit
Heating & cooling
Has heating
Baseboard heating
Hot water heating
Steam heating
Natural gas heating
Some systems are common to units
Exterior features
Decks: roof deck and wood decks
Rain gutters
Paved road access
Public road frontage
Easements on lot
Publicly maintained road
Home design
5+ unit multifamily (side-by-side units)
Three stories total
Grey exterior
Approximately built (year per public records)
Parking
Open paved driveway parking
Construction
Frame construction
Shingle and rubber roofing
Irregular foundation
Utilities
Public water
Public sewer
Electric with circuit breakers, 100 amp service; some common and some individually metered
Utilities vary per unit
HOA & community
Community amenities include public transportation, shopping, parks, walk/jog trails, medical facility, highway access, house of worship, marina, schools, T-Station, university and sidewalks
Not a senior community
Other
Tenants' belongings excluded from sale
Listing status: Active Under Contract
Electricity and solar
View estimated energy costs and solar savings for this home
Attention Investors. 9 Unit building with oversized units . 6 - 3 bedrooms 2- 2 bedrooms and a studio. Very well maintained. Balconies for the upper units.
Year
Property tax
Land + Additions
Assessment*
2023
$9,874 (+8.7%)
$143,100 + $661,600
$804,700
2022
$9,086 (+7.6%)
$130,500 + $589,500
$720,000
2021
$8,445 (+4.0%)
$127,800 + $482,800
$610,600
2020
$8,122 (+3.0%)
$124,200 + $437,900
$562,100
2019
$7,883 (+15.5%)
$130,500 + $410,200
$540,700
2018
$6,825 (+4.4%)
$119,700 + $347,100
$466,800
2017
$6,535 (+4.7%)
$119,700 + $347,100
$466,800
2016
$6,240 (+4.2%)
$119,700 + $338,100
$457,800
2015
$5,988 (+16.2%)
$119,700 + $338,100
$457,800
2014
$5,154 (+7.9%)
$409,700
2013
$4,778 (+6.7%)
$84,300 + $316,200
$400,500
2012
$4,479 (+7.3%)
$91,700 + $316,200
$407,900
2011
$4,173 (−16.7%)
$91,700 + $316,200
$407,900
2010
$5,009 (+3.4%)
$113,200 + $440,900
$554,100
2009
$4,846
$119,000 + $482,200
$601,200
Public record
Beds
22
Baths
12
Stories
3
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
13,067
Unfinished Sq. Ft.
—
Total Sq. Ft.
13,067
Year built
1924
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2826673
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 96° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Fall River, MA • 02724
Average low and high temperatures (°F)
35
24
37
25
49
35
58
44
67
53
78
63
82
68
79
63
74
60
64
50
54
41
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 18% for direct sun exposure in Fall River. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 240 Osborn St
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.