302-316 Hope St

9,402 Sq. Ft.
$191 / Sq. Ft.
9,402
Sq. Ft.
$191
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
Open Parking Spaces
14.00
Parking Spaces Total
14
LISTING CLOSED: 04/30/2026 12:00 AM

Property Details for 302-316 Hope Street

StatusSold
MLS #73470285
Days on Market96
Taxes$14,898 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of Choose Boston, LLC, Adam Jaspon

Sold By Keller Williams South Watuppa, Fatima Pires

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Building Information for 302-316 Hope Street

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

Payment Calculator

$10,211 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,970

Property Taxes

$1,242

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 302-316 Hope Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • 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
Apr 30, 2026

Sold

MLS PIN #73470285

$1,800,000
Mar 25, 2026

Under Agreement

MLS PIN #73470285

Mar 25, 2026

Contingent

MLS PIN #73470285

DateEvent & SourcePrice
04/30/2026

Sold

MLS PIN #73470285

$1,800,000
03/25/2026

Under Agreement

MLS PIN #73470285

03/25/2026

Contingent

MLS PIN #73470285

For completeness, we 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.

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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.