48 Ridge Street

Sold 4/16/26
Sold 4/16/26
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Sold
Last Sold Price
$950,000
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14 beds5,647 sqft

48 Ridge St, Fall River, MA 02721

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.
Multi FamilyProperty Type
0.13 acresLot Size
1900Year Built
$168/sq ftPrice per sq ft
1 carParking Spaces
Listing closed: 04/16/2026 12:00 AM
Source: MLS PIN, MLS#: 73419720
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Recent comparable sales

Median sold price

$800,000

Avg days on market

53

Sale-to-list ratio

96.6%

Fall River, MA

9 comparable properties found

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$800,000 | 516 Third Street, Fall River, MA 02721
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$875,000 | 52 Johnson Street, Fall River, MA 02723
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$735,000 | 188-194 Nashua Street, Fall River, MA 02721
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188-194 Nashua Street, Fall River, MA 02721

$800,000 | 992 Pine Street, Fall River, MA 02720
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992 Pine Street, Fall River, MA 02720

$915,000 | 3-15 Edgemond Street, Fall River, MA 02723
1/10
7

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Acres

3-15 Edgemond Street, Fall River, MA 02723

a front view of a residential apartment building with a yard
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8

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0.14
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150 Forest Street, Fall River, MA 02721

$750,000 | 33-35 Malvey Street, Fall River, MA 02720
1/17
9

$750,000

Sold 06/05/26

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4,668
Square Feet
0.18
Acres

33-35 Malvey Street, Fall River, MA 02720

Location

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$5,883 per month

Principal and Interest

$5,072

Property Taxes

$811

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Property information

48 Ridge Street

Property Details

  • Taxes: $9,731 / year
  • MLS Type: Multi-family / 5+ Family - 5+ Units Up/Down
  • County: Bristol County
  • Town: Fall River
  • Area: MA-Fall River
  • Garage Spaces: 0
  • Open Parking Spaces: 1.00
  • Parking Spaces Total: 1

Building Information

  • Stories: 13
  • Residences: 5
  • Year Built: 1900
  • Lot Size: 0.13 AC / 5,445 SF

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

48 Ridge Street

DateEventPrice
Apr 16, 2026

Sold

MLS PIN #73419720

$950,000
Dec 15, 2025

Under Agreement

MLS PIN #73419720

—
Dec 15, 2025

Contingent

MLS PIN #73419720

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

Public records

48 Ridge Street

Lot Size

5,445 SqFt

Style

Multi-Family Dwelling (2-4)

Zoning

A-2

County

BRISTOL

APN

FALL M:0I-08 B:0000 L:0037

Schools

Near 48 Ridge Street

This home is within Fall River School District.

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 48 Ridge Street, Fall River, MA 02721
$950,000
14
5,647
5,445
60 Ridge Street, Fall River, MA 02721
–
–
3
3,479
5,445
45 Whipple Street, Unit 49, Fall River, MA 02721
–
–
6
3,807
2,435
45-49 Whipple Street, Fall River, MA 02721
$441,000
9
6
3,497
–
45 Ridge Street, Fall River, MA 02721
$1
6
3
4,350
–
35 Ridge Street, Fall River, MA 02721
$1
–
3
3,324
3,350

Explore Nearby Homes

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 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.