Introducing a prime investment opportunity in the rapidly revitalizing city of Fall River! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, Fall River is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown Fall River, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass FHA/VA Loan.
Sold for $511,000
$511,000
474 William St, Fall River, MA 02721
6beds
2,808sqft
3 Family
Built in 1900
-- sqft lot
$548,500 Zestimate®
$182/sqft
$2,904 Estimated rent
Home value
$548,500
$494,000 - $609,000
$2,904/mo
Zestimate® history
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$2,904/mo
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Rent Zestimate®
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$3,103/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: February 19, 2025 at 01:20pm
Listed by:
Bradford Thelin 508-817-1665,
Lamacchia Realty, Inc. 508-677-3629
Bought with:
Alvarino Barbosa
Keller Williams Coastal
Source: MLS PIN,MLS#: 73311453
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Space Heater, Electric
Cooling
- Individual, None
Appliances
- Included: Range, Refrigerator
Features
- Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Pantry, Slider, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
- Flooring: Carpet, Varies, Laminate, Hardwood, Tile
- Basement: Full,Partially Finished,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,808
- Total interior livable area: 2,808 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Patio & porch: Patio
- Exterior features: Balcony/Deck, Balcony, Rain Gutters, Varies per Unit
- Has view: Yes
- View description: Water, Bay, Public Water View
- Has water view: Yes
- Water view: Bay,Public,Water
Lot
- Size: 3,511 sqft
- Features: Level
Details
- Parcel number: M:0I04 B:0000 L:0051,2827755
- Zoning: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered, Varies per Unit
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, Sidewalks
Location
- Region: Fall River
HOA & financial
Other financial information
- Total actual rent: 3700
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $511,000+2.2%$182/sqft |
Source: MLS PIN #73311453 Report a problem | ||
| 11/20/2024 | Contingent | $500,000$178/sqft |
Source: MLS PIN #73311453 Report a problem | ||
| 11/11/2024 | Listed for sale | $500,000+566.7%$178/sqft |
Source: MLS PIN #73311453 Report a problem | ||
| 9/13/2000 | Sold | $75,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,243 +4.4% | $457,900 +4.7% |
| 2024 | $5,023 +14.1% | $437,200 +21.9% |
| 2023 | $4,401 +11.7% | $358,700 +14.9% |
Find assessor info on the county website
Neighborhood: Sandy Beach
Nearby schools
GreatSchools rating
- 5/10John J Doran Community SchoolGrades: PK-8Distance: 0.2 mi
- 2/10B M C Durfee High SchoolGrades: 9-12Distance: 2.1 mi
- 2/10Matthew J Kuss Middle SchoolGrades: 6-8Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: John Doran
- Middle: John Doran
- High: Bmc Durfee
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Massachusetts
- Bristol County
- Fall River
- 02721
- Sandy Beach
- 474 William St