Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization.Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units, making this an especially compelling
Listed By
Agency Name: Choose Boston, LLC
Agency Phone: 617-388-9336
Agent Name: Adam Jaspon
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
Choose a date and time to see 302-316 Hope Street, Fall River, MA 02721.
An agent will get in touch to confirm your request shortly.
Estimated Payment
$ 5,835.45 per month $4,061.66 Principal & Interest $1,241.50 Property Tax $532.29 Homeowner's Insurance
302-316 Hope Street | MLS# 73470285
This multi-family property located at 302-316 Hope Street, Fall River, MA 02721 is currently listed for sale with an asking price of $1,825,000. Search Fall River real estate on www.masiellogrouprealestate.com today.