5,647 Sq. Ft.
$168 / Sq. Ft.
5,647
Sq. Ft.
$168
per Sq. Ft.

Description

Opportunity for increased revenue for this rare investment opportunity! Two homes on one lot—one 3-family and one 2-family—both with beautiful Bay views. The 3-family offers spacious 3-bed, 1-bath units featuring hardwood floors, carpeting, and plenty of natural light. The 2-family includes a comfortable 3-bed, 1-bath apartment and a 2 -bed, 1 bath apartment, both with a similar mix of hardwood and carpeted flooring. All units are in move-in condition, making this property ideal for owner-occupants...Opportunity for increased revenue for this rare investment opportunity! Two homes on one lot—one 3-family and one 2-family—both with beautiful Bay views. The 3-family offers spacious 3-bed, 1-bath units featuring hardwood floors, carpeting, and plenty of natural light. The 2-family includes a comfortable 3-bed, 1-bath apartment and a 2 -bed, 1 bath apartment, both with a similar mix of hardwood and carpeted flooring. All units are in move-in condition, making this property ideal for owner-occupants or investors seeking immediate rental income. Conveniently located with easy highway access, this property combines strong rental potential with scenic surroundings.

Property Details for 48 Ridge Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
1.00
Parking Spaces Total
1
LISTING UPDATED: 04/17/2026 02:01 PM

Property Details for 48 Ridge Street

StatusSold
MLS #73419720
Days on Market115
Taxes$9,731 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyBristol County

Location

Listing Courtesy of HomeSmart Professionals Real Estate, Mark Barter

Sold By Compass, Emmanuella Renelique

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Building Information for 48 Ridge Street

Stories13Residences5Year Built1900Building Size-Lot Size0.13 AC / 5,445 SF

Payment Calculator

$5,595 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,784

Property Taxes

$811

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 48 Ridge Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Public School
  • Current Financing: Cash
  • Living Area: 5647.0
  • Color: gray
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Interior Access, Dirt Floor, Concrete Floor, Unfinished Basement
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Carpet, Hardwood
  • Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Professional Landscaping
  • Exterior Features: City View(s), Fenced Yard, Professional Landscaping
  • Fencing: Fenced
  • Roof Material: Shingle
  • View: Scenic View(s), City
  • View: Yes
  • Waterview Features: Bay
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Natural Gas, Space Heater, Hot Water
  • Heating: Yes
  • Sewage District: City
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • 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
  • Disclosures: Units 1,3 and 4 show market rental prices. Those units are currently vacant. At market rent for the three vacant units,potential revenue is $88,200 with the other occupied units remaining at current rental rates. The leases expire on the occupied units in Feb 2026.
Tax Information
  • Tax ID: 1080037,2827977
  • Assessments: $849,900
  • Book: 11595
  • Tax Year: 2025
  • Zoning: A-2
Building / Association Information
Living Characteristics
  • Beds Total: 14
  • Total Living Levels: 13
Other Building Characteristics
  • Foundation: Stone
  • Levels: 13
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 5
  • Heat Zones: 5
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $37,560.00
  • Gross Scheduled Income: $.00
  • Insurance: $4,590.00
  • GRE: $3,600
  • HTE: $0
  • MGF: $0
  • MSE: $675
  • RFS: $0
  • RME: $3,600
  • NOI: $22,330.00
  • Operating Expense: $3,600.00
  • WSE: $2,100.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 3
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 3
Unit 4 Description
  • Floor U4: 1
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,550.00

Property History for 48 Ridge Street

DateEvent & SourcePriceAppreciation
Apr 16, 2026

Sold

MLS PIN #73419720

$950,000
Dec 15, 2025

Under Agreement

MLS PIN #73419720

Dec 15, 2025

Contingent

MLS PIN #73419720

DateEvent & SourcePrice
04/16/2026

Sold

MLS PIN #73419720

$950,000
12/15/2025

Under Agreement

MLS PIN #73419720

12/15/2025

Contingent

MLS PIN #73419720

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

Public Records for 48 Ridge Street

Taxable ValueLand$107,800Additions$742,100Total$849,900
Tax Record2025$9,731 ($811 / month)
Home Facts
Lot Size5,445 SqFtStyleMulti-Family Dwelling (2-4)ZoningA-2CountyBRISTOLAPNFALL M:0I-08 B:0000 L:0037

Schools near 48 Ridge 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 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 HomeSmart Professionals Real Estate, Mark Barter

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.