$1,200,000

About this home

799–809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River’s most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collections, the asset offers immediate upside through lease-up and rent alignment. Recent Navien high-efficiency boiler systems reduce future capital expenditure and improve operational efficiency, making this a true “plug-and-play” investment with stable cash flow and defined upside.

Property facts

Property type

Multi Family

Year built

1882

Lot size (acres)

0.163

Total rooms

22

Garage spaces

1

Total parking

1

Annual taxes

$6,904

Tax year

2026

County

Bristolma

Features

Heating

Natural Gas, Central Air, Central

Cooling

Central Air

Basement

Full, Interior and Exterior, Unfinished

Appliances

Gas Water Heater

Parking

Attached, Integral

Utilities

Sewer Connected, Water Connected

Waterfront

River, Saltwater View

Community

Bus, Commuter Bus, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping

Exterior

Balcony, Deck

Location