Last Sold Price
6 beds6,720 sqft$153/sqft
159 Cherry St, Fall River, MA 02720

Description

Solid income producing 7-unit mixed use building in prime location! This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating....Solid income producing 7-unit mixed use building in prime location! This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease. Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away. Opposite a brand new condo development this area offers strong appreciation in the near future
LISTING CLOSED: 09/30/2024 12:00 AM

  1. Listed by Jason Saphire • www.HomeZu.com

Property Details for 159 Cherry Street

Status
MLS #
73259991
Days on Market
37
Taxes
$11,373 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 5-9 Family
Year Built
1875
Town
Fall River
Area
MA-Fall River
Garage Spaces
2
Open Parking Spaces
4.00
Parking Spaces Total
4

Recent comparable sales

Median sold price

$1,070,000

Avg days on market

50

Sale-to-list ratio

94.9%

Fall River, MA

9 comparable properties found

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1

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Bedrooms
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Square Feet
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Acres
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Sold 05/09/25

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Bedrooms
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Square Feet
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Acres
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Sold 12/24/25

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Square Feet
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Acres
$1,075,000 | 775 Plymouth Avenue, Fall River, MA 02721
1/35
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Bedrooms
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Square Feet
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Acres
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Sold 02/28/25

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Bedrooms
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Square Feet
0.15
Acres
$915,000 | 604 Rock Street, Fall River, MA 02720
1/9
7

$915,000

Sold 08/07/26

8
Bedrooms
5,897
Square Feet
0.35
Acres
a front view of a multi story residential apartment building
1/26
8

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Sold 10/01/25

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Bedrooms
6,262
Square Feet
0.11
Acres
$1,150,000 | 105 Park Street, Fall River, MA 02721
1/43
9

$1,150,000

Sold 07/21/26

10
Bedrooms
6,472
Square Feet
0.10
Acres

Location

Listing Courtesy of www.HomeZu.com, Jason Saphire

Sold By Fortified Realty Group, Austin Robichaud

Add your commute

Building Information for 159 Cherry Street

Stories9Residences7Year Built1875Building Size-Lot Size0.12 AC / 5,410 SF

Payment Calculator

$6,158 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,210

Property Taxes

$948

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 159 Cherry Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station
  • Current Financing: Other
  • Living Area: 6720.0
  • SqFt with Basement: No
  • Total Units: 7
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 8.0
  • Num of Full Baths: 6
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Brick, Stone
  • Lot Description: Corner Lot
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Waterfront, River
  • Waterview Features: River
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: 110 Volts, Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
Tax Information
  • Tax ID: 2833399
  • Assessments: $748,700
  • Book: 10046
  • Tax Year: 2025
  • Zoning: B
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $123,600.00
  • GRE: $29,408
  • NOI: $98,752.00
  • Operating Expense: $29,408.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 3
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,300.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 159 Cherry Street

DateEvent & SourcePriceAppreciation
Sep 30, 2024

Sold

MLS PIN #73259991

$1,025,000
Jul 26, 2024

Under Agreement

MLS PIN #73259991

Jul 26, 2024

Contingent

MLS PIN #73259991

DateEvent & SourcePrice
09/30/2024

Sold

MLS PIN #73259991

$1,025,000
07/26/2024

Under Agreement

MLS PIN #73259991

07/26/2024

Contingent

MLS PIN #73259991

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 159 Cherry Street

Taxable ValueLand$117,500Additions$823,100Total$940,600
Home Facts
Baths6.5Total Finished SqFt8,400 SqFtAbove Grade Finished SqFt6,720 SqFtFinished Basement SqFt1,680 SqFtUnfinished Basement SqFt1,680 SqFtStories4Lot Size5,410 SqFtStyleOffice BuildingYear Built1875Year Renovated1875ZoningBCountyBRISTOLAPNFALL M:0N-10 B:0000 L:0005

Schools near 159 Cherry Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Mary Fonseca Elementary School
PublicPK to 5

Morton Middle School
Public6 to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 159 Cherry Street, Fall River, MA 02720
$1,025,000
6
6,720
5,410
2
2,302
3,890
$370,000
9
4,136
3,302
3
4,151
3,293
$394,000
9
3,663
4,994
$550,000
17,185

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of www.HomeZu.com, Jason Saphire

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.