302-316 Hope St

9,402 Sq. Ft.
$194 / Sq. Ft.
9,402
Sq. Ft.
$194
per Sq. Ft.

Description

Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an...Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization. Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units, making this an especially compelling
  1. Listed by Adam Jaspon • Choose Boston, LLC

Property Details for 302-316 Hope Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Parking Spaces
14.00
Parking Spaces Total
14
LISTING UPDATED: 01/21/2026 11:09 AM

Property Details for 302-316 Hope Street

StatusNew
MLS #73470285
Days on Market2
Taxes$14,898 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of Choose Boston, LLC, Adam Jaspon
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Building Information for 302-316 Hope Street

Stories3Residences9Year Built1900Building Size-Lot Size0.32 AC / 13,926 SF

Payment Calculator

$10,136 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,895

Property Taxes

$1,242

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 302-316 Hope Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 9402.0
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 9.0
  • Num of Full Baths: 9
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Integer: 9
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
Tax Information
  • Assessments: $1,301,100
  • Book: 9971
  • Tax Year: 2025
  • Zoning: N/A
Building / Association Information
Living Characteristics
  • Beds Total: 24
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $180,000.00
  • NOI: $43,200.00
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: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $15,000.00

Property History for 302-316 Hope Street

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Listed (Active)

MLS PIN #73470285

$1,825,000—
Dec 19, 2019

Sold

MLS PIN #72530451

$1,100,000—
Oct 9, 2019

Under Agreement

MLS PIN #72530451

—
Oct 9, 2019

Contingent

MLS PIN #72530451

—
Jul 8, 2019

Listed (Active)

MLS PIN #72530451

$1,050,000—
DateEvent & SourcePrice
01/20/2026

Listed (Active)

MLS PIN #73470285

$1,825,000
12/19/2019

Sold

MLS PIN #72530451

$1,100,000
10/09/2019

Under Agreement

MLS PIN #72530451

—
10/09/2019

Contingent

MLS PIN #72530451

—
07/08/2019

Listed (Active)

MLS PIN #72530451

$1,050,000

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

Schools near 302-316 Hope 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.

Similar Homes

Similar Sold Homes

302-316 Hope Street is a multi-family home for sale in Fall River, MA 02721. This property was listed for sale on January 20, 2026 by Choose Boston, LLC, it's currently listed at $1,825,000. It has been on the market for a total of 2 days and was last sold on December 19, 2019. This listing's school district is Fall River School District. Nearby schools include John J Doran Community School, Matthew J Kuss Middle School and B M C Durfee High School. 302-316 Hope Street is a 24-bed, 9-bath, 9,402 sqft multi-family home built in 1900.

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 Choose Boston, LLC, Adam Jaspon

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.