Sold
Last Sold Price
7 beds4,474 sqft
588-594 S Main St, Fall River, MA 02721
Multi FamilyProperty Type
0.07 acresLot Size
1928Year Built
$101/sq ftPrice per sq ft

Description

GROUP SHOWING - Saturday, October 3 @ 12:00 P- 1:00 PM. Cash Flowing Property - Updated 7 Unit multifamily including 6 apartments and 1 commercial store front. All units are rented out, and tenants pay their own separated utilities. Each apartment has 1 bedroom and 1 full bath with a half bath in the store. Fresh, bright and clean with many updates. Rent rolls and operating expenses available upon request. Units which leases have passed the original lease end date are tenants at will, and the others...GROUP SHOWING - Saturday, October 3 @ 12:00 P- 1:00 PM. Cash Flowing Property - Updated 7 Unit multifamily including 6 apartments and 1 commercial store front. All units are rented out, and tenants pay their own separated utilities. Each apartment has 1 bedroom and 1 full bath with a half bath in the store. Fresh, bright and clean with many updates. Rent rolls and operating expenses available upon request. Units which leases have passed the original lease end date are tenants at will, and the others are on active leases. Roof is 10 years old. Heater for unit 3R was replaced 11/2019. Water heaters for units 1F & 1R replaced 2/2019 and 11/2019.
  • Listed by: Darina Pogodina • eXp Realty
  • Listed by: Alchemist Real Estate Group • eXp Realty
Listing closed: 01/25/2021 12:00 AM • Source: MLS PIN, MLS#: 72732492

Recent comparable sales

Median sold price

$635,000

Avg days on market

47

Sale-to-list ratio

96.0%

Fall River, MA

9 comparable properties found

$799,900 | 130 High Street, Fall River, MA 02720
1/38
1

$799,900

Sold 11/13/25

7
Bedrooms
4,320
Square Feet
0.08
Acres
a front view of a house with a street
1/43
2

$635,000

Sold 04/02/26

8
Bedrooms
3,810
Square Feet
0.14
Acres
a back view of a house
1/9
3

$703,500

Sold 07/01/25

8
Bedrooms
4,325
Square Feet
0.11
Acres
$800,000 | 806 President Avenue, Fall River, MA 02720
1/9
4

$800,000

Sold 10/16/25

7
Bedrooms
4,048
Square Feet
0.15
Acres
a view of a house with backyard and sitting area
1/31
5

$566,000

Sold 11/08/24

11
Bedrooms
4,359
Square Feet
0.09
Acres
a front view of a house with a garden
1/23
6

$450,000

Sold 10/07/25

7
Bedrooms
5,036
Square Feet
0.27
Acres
a front view of a house with a yard
1/2
7

$540,000

Sold 03/13/26

7
Bedrooms
4,097
Square Feet
0.14
Acres
$600,000 | 223 Morgan Street, Fall River, MA 02721
1/12
8

$600,000

Sold 11/07/25

8
Bedrooms
4,848
Square Feet
0.13
Acres
$1,185,000 | 503 Highland Avenue, Fall River, MA 02720
1/43
9

$1,185,000

Sold 06/05/26

7
Bedrooms
8,531
Square Feet
1.52
Acres

Location

Listing Courtesy of eXp Realty, Darina Pogodina; eXp Realty, Alchemist Real Estate Group

Sold By eXp Realty, Darina Pogodina

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Payment Calculator

$2,681 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,325

Property Taxes

$355

HOA Dues

$0

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Property Information for 588-594 South Main Street

Property Details
  • Taxes: $4,263 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Fall River
  • Area: MA-Fall River
  • Garage Spaces: 0
  • Parking Spaces Total: 0
Building Information
  • Stories: 9
  • Residences: 7
  • Year Built: 1928
  • Lot Size: 0.07 AC / 3,100 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 4474.0
  • Color: Yellow
  • Total Units: 7
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Electric Range
  • Num of Baths: 7.0
  • Num of Full Baths: 6
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 6.50
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Hardwood
  • Interior Features: Unit 1 Rooms(Other (See Remarks))
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • 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: Landlord pays for hot water on the second floor.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 2827957
  • Assessments: $295,000
  • Block: 0000
  • Book: 9525
  • Lot: 0017
  • Map: 0I-08
  • Tax Year: 2020
  • Zoning: B-B
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $63,158.00
  • Gross Scheduled Income: $.00
  • GRE: $17,567
  • HTE: $0
  • MGF: $4,463
  • MSE: $525
  • RME: $12,579
  • NOI: $45,592.00
  • Operating Expense: $17,567.00
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: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,263.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 588-594 South Main Street

DateEvent & SourcePriceAppreciation
Jan 25, 2021

Sold

MLS PIN #72732492

$450,000
Oct 28, 2020

Contingent

MLS PIN #72732492

Sep 24, 2020

Listed (Active)

MLS PIN #72732492

$499,000
DateEvent & SourcePrice
01/25/2021

Sold

MLS PIN #72732492

$450,000
10/28/2020

Contingent

MLS PIN #72732492

09/24/2020

Listed (Active)

MLS PIN #72732492

$499,000

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

Schools near 588-594 South Main 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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Nearby home values

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 eXp Realty, Darina Pogodina; eXp Realty, Alchemist Real Estate Group

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.