62-64 School St

4,734 Sq. Ft.
$190 / Sq. Ft.
4,734
Sq. Ft.
$190
per Sq. Ft.

Description

Investors & owner-occupants! 4-unit multifamily offering INSTANT CASH FLOW! Bringing in market rents—$7,400/month. Well-kept 1 & 2 bed units on 1st level. 2nd floor is a massive 3 bed/1.5 bath with double parlor (convertible to 4th bed) and mini-splits. 3rd floor boasts a clean 4 bed with large kitchen & pantry. Updated kitchens, cosmetics, appliances, electrical & separate utilities. Tenants pay gas and electric. Landlord pays water and landscaping. Prime location for commuters and enjoying Fall...Investors & owner-occupants! 4-unit multifamily offering INSTANT CASH FLOW! Bringing in market rents—$7,400/month. Well-kept 1 & 2 bed units on 1st level. 2nd floor is a massive 3 bed/1.5 bath with double parlor (convertible to 4th bed) and mini-splits. 3rd floor boasts a clean 4 bed with large kitchen & pantry. Updated kitchens, cosmetics, appliances, electrical & separate utilities. Tenants pay gas and electric. Landlord pays water and landscaping. Prime location for commuters and enjoying Fall River's growing waterfront. Minutes to the T Station, Charlton Hospital, downtown, waterfront parks, tennis court, marina, scenic boardwalk, multiple restaurants, breweries, cafes. Ideal Fall River investment to grow your portfolio. Turnkey and ready to collect rent!
  1. Listed by Matthew Daylor • Keller Williams South Watuppa

Property Details for 62-64 School Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 07/18/2025 02:04 PM

Property Details for 62-64 School Street

StatusSold
MLS #73388392
Days on Market17
Taxes$6,833 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyBristol County

Location

Listing Courtesy of Keller Williams South Watuppa, Matthew Daylor

Sold By Real Broker Ma, LLC, Claude Lyncee

Add your commute

Building Information for 62-64 School Street

Stories5Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,953 SF

Payment Calculator

$5,101 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,532

Property Taxes

$569

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 62-64 School Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 4734.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access
  • Num of Baths: 6.0
  • Num of Full Baths: 5
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 5.50
  • Bathrooms Total Integer: 6
  • FireplaceYN: Yes
  • Fireplaces: 3
  • Flooring: Hardwood, Vinyl / VCT
  • Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Upgraded Cabinets, Remodeled, Living Room, Kitchen, Mudroom, Dining Room, Family Room
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard, Porch, Patio, Covered Patio/Deck
  • Fencing: Fenced
  • Patio And Porch Features: Porch, Patio, Covered
  • Roof Material: Shingle
  • Waterview Features: River
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Ductless Mini-Split System
  • Cooling: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Forced Air, Natural Gas, Electric, Ductless, Hot Water
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, 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
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: All units on leases. Rents shown are actual. Knob & tube wiring removed via Mass Save. Owner is a licensed real estate agent in MA.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:0O12 B:0000 L:0034,2834180
  • Assessments: $596,800
  • Book: 11492
  • Tax Year: 2025
  • Zoning: A-2
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Other
  • Levels: 5
  • Cooling Units: 2
  • Heat Units: 5
Income / Expenses
  • GOI: $88,800.00
  • NOI: $88,800.00
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
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,400.00

Property History for 62-64 School Street

DateEvent & SourcePriceAppreciation
Jul 18, 2025

Sold

MLS PIN #73388392

$900,000
Jun 27, 2025

Under Agreement

MLS PIN #73388392

Jun 15, 2025

Contingent

MLS PIN #73388392

DateEvent & SourcePrice
07/18/2025

Sold

MLS PIN #73388392

$900,000
06/27/2025

Under Agreement

MLS PIN #73388392

06/15/2025

Contingent

MLS PIN #73388392

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

Public Records for 62-64 School Street

Taxable ValueLand$113,000Additions$422,700Total$535,700
Tax Record2024$6,155 ($513 / month)
Home Facts
Baths5Total Finished SqFt4,734 SqFtAbove Grade Finished SqFt4,734 SqFtUnfinished Basement SqFt1,578 SqFtStories3Lot Size4,953 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningA-2CountyBRISTOLAPNFALL M:0O-12 B:0000 L:0034Fireplace TypeHas Fireplace

Schools near 62-64 School Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Mary Fonseca Elementary School
PublicPK to 5

Morton 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.

Similar Homes

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 Keller Williams South Watuppa, Matthew Daylor

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.