181 Division St

6,102 Sq. Ft.
$205 / Sq. Ft.
6,102
Sq. Ft.
$205
per Sq. Ft.

Description

Turnkey 6-Family Investment Property – Fully Rented with Strong Cash Flow! An incredible investment opportunity awaits with this fully rented six-family property, generating a gross monthly income of $11,650! Located just minutes from downtown Fall River, this well-maintained building features updated units and brand-new windows for improved energy efficiency. Each unit offers a functional layout, ample natural light, and desirable updates, making it easy to attract and retain tenants. The property...Turnkey 6-Family Investment Property – Fully Rented with Strong Cash Flow! An incredible investment opportunity awaits with this fully rented six-family property, generating a gross monthly income of $11,650! Located just minutes from downtown Fall River, this well-maintained building features updated units and brand-new windows for improved energy efficiency. Each unit offers a functional layout, ample natural light, and desirable updates, making it easy to attract and retain tenants. The property is situated in a high-demand rental area, with easy access to major highways, public transportation, shopping, dining, and the exciting developments in Fall River’s waterfront district. Whether you’re a seasoned investor or looking to expand your portfolio, this income-producing property delivers strong rental returns with minimal upkeep. Don’t miss out on this prime multi-family investment! Financials and rent roll available upon request. Schedule your private showing today!
  1. Listed by Ronald Rene • Vicente Realty, LLC

Property Details for 181 Division Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
1
Parking Spaces
4.00
Parking Spaces Total
5
LISTING UPDATED: 04/11/2025 09:57 PM

Property Details for 181 Division Street

StatusSold
MLS #73343153
Days on Market21
Taxes$6,655 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of Vicente Realty, LLC, Ronald Rene

Sold By Compass, Emmanuella Renelique

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Building Information for 181 Division Street

Stories9Residences6Year Built1900Building Size-Lot Size0.18 AC / 8,037 SF

Payment Calculator

$6,647 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,092

Property Taxes

$555

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 181 Division Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Private
  • Living Area: 6102.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Neither seller or agent make any representations as to the accuracy of any information contained herein. Buyer(s)/buyer(s) agent must conduct their own due diligence,verification and research & are relying solely on the results of same. Bedroom count,sizes,and updates.
Tax Information
  • Tax ID: M:0G03 B:0000 L:0032,2825707
  • Assessments: $579,200
  • Book: 10815
  • Tax Year: 2024
  • Zoning: A-2
Building / Association Information
Living Characteristics
  • Beds Total: 18
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 9
Income / Expenses
  • GOI: $120,600.00
  • NOI: $120,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $11,650.00

Property History for 181 Division Street

DateEvent & SourcePriceAppreciation
Apr 11, 2025

Sold

MLS PIN #73343153

$1,250,000
Mar 18, 2025

Under Agreement

MLS PIN #73343153

Mar 18, 2025

Contingent

MLS PIN #73343153

Mar 9, 2025

Listed (Active)

MLS PIN #73343153

$1,300,000
Nov 17, 2021

Sold

MLS PIN #72889357

$500,000
Sep 7, 2021

Contingent

MLS PIN #72889357

Sep 2, 2021

Listed (Active)

MLS PIN #72889357

$462,500
Jun 2, 2008

Sold (Public Record)

Public Record #326403103

$1

-78.3% / yr

Dec 31, 2005

Expired

MLS PIN #70091855

$479,900
Sep 16, 2004

Listed (Active)

MLS PIN #70091855

$489,900
Feb 13, 2001

Sold (Public Record)

Public Record #86874273

$70,000
DateEvent & SourcePrice
04/11/2025

Sold

MLS PIN #73343153

$1,250,000
03/18/2025

Under Agreement

MLS PIN #73343153

03/18/2025

Contingent

MLS PIN #73343153

03/09/2025

Listed (Active)

MLS PIN #73343153

$1,300,000
11/17/2021

Sold

MLS PIN #72889357

$500,000
09/07/2021

Contingent

MLS PIN #72889357

09/02/2021

Listed (Active)

MLS PIN #72889357

$462,500
06/02/2008

Sold (Public Record)

Public Record #326403103

$1

-78.3% / yr

12/31/2005

Expired

MLS PIN #70091855

$479,900
09/16/2004

Listed (Active)

MLS PIN #70091855

$489,900
02/13/2001

Sold (Public Record)

Public Record #86874273

$70,000

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

Public Records for 181 Division Street

Taxable ValueLand$110,200Additions$539,500Total$649,700
Tax Record2025$7,439 ($620 / month)
Home Facts
Baths6Total Finished SqFt6,102 SqFtAbove Grade Finished SqFt6,102 SqFtUnfinished Basement SqFt2,034 SqFtStories3Lot Size8,037 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningA-2CountyBRISTOLAPNFALL M:0G-03 B:0000 L:0032

Schools near 181 Division Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
John J Doran Community School
PublicPK to 8

Matthew J Kuss 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vicente Realty, LLC, Ronald Rene

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.