62 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 • Brokerage DRE #REB.0018576 • Keller Williams South Watuppa
    P: (774)-301-6860 mattdaylor@kw.com

Property Details for 62 School Street

Waterfront Features
River Access
View
Water
LISTING UPDATED: 07/20/2025 09:22 AM

Property Details for 62 School Street

StatusClosed
MLS #1387323
Days on Market6
Taxes$6,833 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.11 AC / 4,953 SF
CountyBristol County

Location

Listing Courtesy of Keller Williams South Watuppa, Matthew Daylor

Sold By Non-Mls Member, Non-Mls Member

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Building Information for 62 School Street

Stories4Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,953 SF

Payment Calculator

$5,054 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,485

Property Taxes

$569

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 62 School Street

Summary
Location and General Information
  • City: Fall River
  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts, Sidewalks
  • Postal City: Fall River
  • Postal Code: 02720
  • State Or Province: MA
  • View Y N: Yes
  • Zoning: A-2
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Tax Annual Amount: $6,833.00
  • Tax Assessed Value: 596800
  • Tax Lot: 0034
  • Tax Map Number: 0o
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 4734.0
  • Building Area Total: 4734.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.1137
  • Lot Size Area: 4953.0
  • Lot Size Square Feet: 4953.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 6264SCHOOLSTFRIV
  • Stories Total: 4
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 4,401,363,268
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Patio
  • Fencing: Fenced
  • Foundation Details: See Remarks
Interior Features
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Basement: Full, Partially Finished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 10
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Vinyl
  • Heating: Ductless, Electric, Forced Air, Gas, Steam
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Patio And Porch Features: Deck, Patio
  • Rooms Total: 23
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $2,300.00
  • Unit Type Area: 1578.0
  • Baths Total: 1
  • Beds Total: 4
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,050.00
  • Unit Type Area: 1578.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Unit 3 Information
  • Actual Rent: $1,650.00
  • Type: TwoBedroom
  • Unit Type Area: 1178.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,400.00
  • Unit Type Area: 400.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 62 School Street

DateEvent & SourcePriceAppreciation
Jul 18, 2025

Sold

Rhode Island Association of REALTORS® #1387323

$900,000
Jun 16, 2025

Under Agreement

Rhode Island Association of REALTORS® #1387323

Jun 10, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1387323

$899,995
DateEvent & SourcePrice
07/18/2025

Sold

Rhode Island Association of REALTORS® #1387323

$900,000
06/16/2025

Under Agreement

Rhode Island Association of REALTORS® #1387323

06/10/2025

Listed (Active)

Rhode Island Association of REALTORS® #1387323

$899,995

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

Public Records for 62 School Street

Taxable ValueLand$91,500Additions$151,200Total$242,700
Tax Record2019$3,539 ($295 / month)
Home Facts
Beds9Baths4Total Finished SqFt4,734 SqFtAbove Grade Finished SqFt4,734 SqFtUnfinished Basement SqFt1,578 SqFtStories3Lot Size4,951 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningA-2CountyBRISTOLAPNM:0O-12 B:0000 L:0034

Schools near 62 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.

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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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.