Spacious 3-family located close to the Tiverton line, offering 8 bedrooms, 3 baths, and generous living space. This property features off street parking, a fenced in backyard, and plenty of storage in the basement, providing added convenience for both owners and tenants. Cosmetic updates are a plus, and additional improvements within the units will help maximize rental income, making this an excellent opportunity for investors or owner-occupants. Conveniently located near shopping, dining, schools, public transportation, and major commuter routes. A strong multi-family investment with long term value. Property will be delivered vacant.
Multi-familyProperty Type
1900Year Built
5,249 sq ftLot Size
$126Price/Sq.Ft.
3 spacesParking
Listed by Christina Almeida• Keller Williams South Watuppa
Charles Street-Bowen Street, located between Downtown Fall River and the Highlands, is a residential and mixed-use Fall River neighborhood with classic triple-deckers and walkable side streets. The neighborhood’s character concentrates around the South Main Street and Charles Street corridor, where corner storefronts, takeout counters, and everyday services set a steady street-level rhythm. Housing reads as late-19th- and early-20th-century wood-frame blocks with occasional brick civic buildings. The waterfront edge and mill-era street grid shape short, direct routes through the area. Battleship Cove and the Fall River Heritage State Park add a maritime backdrop. The Narrows Center for the Arts and the Fall River Historical Society help anchor local culture nearby.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Ceiling fans
Full basement with walk-out access
Bathrooms
3 full bathrooms
Kitchen
Range
Gas range hookup
Laundry & utility
Washer hookup
Flooring
Vinyl flooring
Hardwood flooring
Heating & cooling
Baseboard heating
Window-unit cooling
Exterior features
Fenced
Porch
Public road frontage
Home design
Three-family property
Three stories
Parking
Paved driveway
Off-street parking
3 parking spaces
Construction
Frame construction
Stone foundation
Shingle roof
Utilities
Public water
Public sewer
Circuit breakers
HOA & community
Near public transportation, shopping, tennis courts, parks, medical facilities, a laundromat, highway access, houses of worship, and public schools
Electricity and solar
View estimated energy costs and solar savings for this home
Location is key! You've got it here. This would be perfect for owner occupied investment. Off Street Parking, Very Motivated Seller, Delead certificates, brand new windows, brand new roof. Nice size back yard. Basement is clean with washer and dryer hook-ups. EXTREMELY motivated seller. Looking for offers. Will go fast. Easy to show. Units are in good shape.
MLS PIN #60008421
Jun 30, 1994
Sold
$139,000
$32/sq ft
Sep 19, 1993
Listed
$142,800
$33/sq ft
ROOF IS 6 YEARS OLD, ABOVE GROUND 15X30 OVAL POOL, NEW HEATI NG SYSTEM 1 YEAR OLD, SHED IN YARD, OFF STREET PARKING
Year
Property tax
Land + Additions
Assessment*
2023
$4,906 (+13.5%)
$103,400 + $296,400
$399,800
2022
$4,322 (+6.2%)
$94,000 + $248,500
$342,500
2021
$4,069 (+11.7%)
$87,000 + $207,200
$294,200
2020
$3,643 (+17.3%)
$83,200 + $168,900
$252,100
2019
$3,107 (+7.4%)
$79,300 + $133,800
$213,100
2018
$2,892 (+3.6%)
$77,800 + $120,000
$197,800
2017
$2,792 (+2.6%)
$79,400 + $120,000
$199,400
2016
$2,722 (+2.6%)
$82,700 + $117,000
$199,700
2015
$2,654 (−3.7%)
$79,600 + $123,300
$202,900
2014
$2,755 (+3.6%)
$83,800 + $135,200
$219,000
2013
$2,660 (+6.4%)
$85,500 + $137,500
$223,000
2012
$2,501 (+7.3%)
$86,600 + $141,200
$227,800
2011
$2,330 (+3.7%)
$86,600 + $141,200
$227,800
2010
$2,246 (+2.5%)
$98,500 + $150,000
$248,500
2009
$2,192
$109,900 + $162,000
$271,900
Public record
Beds
8
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,213
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,213
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Bristol County
APN
2821037
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
5/10 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
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 692 Penn St
$553,042
$3,042 over list price of $550K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $465K to $625K.