$639,999 ($205.46 per sqft)

Est. Mortgage $3,070/mo *

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Open House Schedule

06/27/2026
12:00 PM to 1:30 PM
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06/28/2026
12:00 PM to 1:30 PM
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199 Franklin St, Fall River, MA, 02720

199 Franklin St, Fall River, MA, 02720
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15 rooms

9 beds

3 Full baths

1900

3,115 sqft

Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River's rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.

Status:

Active

Type:

Multi-family

Units:

3

Zoning:

N/A

Basement:

Full, Unfinished

Levels:

3

Parking:

7-car, Paved Drive, Off Street, Paved

Acreage:

0.11

Est. Taxes:

$5,929

Assessment

$517,800

Construction

Frame

Amenities:

Public Transportation, Shopping, Highway Access

MLS #:

73539673

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Mission Impossible Team, United Brokers 781-629-2258