4,325 Sq. Ft.
$163 / Sq. Ft.
4,325
Sq. Ft.
$163
per Sq. Ft.

Description

Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don’t miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there’s significant opportunity to increase cash flow. The 6 well-maintained units are ideal...Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don’t miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there’s significant opportunity to increase cash flow. The 6 well-maintained units are ideal for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don’t miss out—schedule a showing today! Buy as a package deal with MLS# 73350103
  1. Listed by Zachary Conley • NextGen Realty, Inc.

Property Details for 305 4th Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
.00
LISTING CLOSED: 07/01/2025 12:00 AM

Property Details for 305 4th Street

StatusSold
MLS #73350104
Days on Market35
Taxes$5,634 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of NextGen Realty, Inc., Zachary Conley

Sold By NextGen Realty, Inc., Jason Francis

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Building Information for 305 4th Street

Stories5Residences6Year Built1900Building Size-Lot Size0.11 AC / 4,650 SF

Payment Calculator

$3,975 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,506

Property Taxes

$470

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 305 4th Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other (See Remarks)
  • Current Financing: Conv. Fixed
  • Living Area: 4325.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • 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
  • Flooring: Wood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Other (See Remarks)
  • Exterior Features: Other (See Remarks)
  • Lot Description: Corner Lot, Other
  • Roof Material: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: 110 Volts, Other (See Remarks)
  • 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
Tax Information
  • Tax ID: 2828081
  • Assessments: $491,000
  • Book: 0
  • Tax Year: 2024
  • Zoning: 6 Family
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Block, Other
  • Levels: 5
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner, Other (See Remarks)
  • GOI: $89,400.00
  • Gross Scheduled Income: $4,327.00
  • Insurance: $4,119.00
  • GRE: $19,335
  • MSE: $1,000
  • RFS: $550
  • NOI: $70,065.00
  • Operating Expense: $19,335.00
  • WSE: $3,283.00
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: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,450.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 305 4th Street

DateEvent & SourcePriceAppreciation
Jul 1, 2025

Sold

MLS PIN #73350104

$703,500
Apr 16, 2025

Under Agreement

MLS PIN #73350104

Apr 16, 2025

Contingent

MLS PIN #73350104

DateEvent & SourcePrice
07/01/2025

Sold

MLS PIN #73350104

$703,500
04/16/2025

Under Agreement

MLS PIN #73350104

04/16/2025

Contingent

MLS PIN #73350104

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

Schools near 305 4th Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 2 to 12
Rating
School
Distance
Henry Lord Community School
PublicK to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 to 12

Stone Day School
Public2 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 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.

Listing Courtesy of NextGen Realty, Inc., Zachary Conley

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.