Active

199 Franklin St

Fall River, MA 02720
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Bed 9

Bed

Bath 3

Bath

SqFt3,115

Sqft

Acres0.11

Acre(Lot)

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 w ith strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.

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Detail Ic Property Details

Property Type : Residential Income

Price : $639,999

AD Id : 85738914

MLS Id : 73539673

Beds : 9

Lot Size : 0.11 Acre

Living Area Size : 3,115

Year Built : 1900

County : Bristol

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Feature Features

  • Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Total Bedroom: 9
  • Flooring Information

    Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1900 Construction Materials: Frame Basement: Full, Unfinished
  • Exterior Features

    Foundation Details: Concrete Perimeter
  • Road Types

    Paved
    Public

  • Lot Information

    Lot Size Area: 0.11 Lot Size Units: Acres Lot Square Feet: 4,992 Lot Acres: 0.11 Stories: 3 Main Square Feet: 0.11

    Property Information

    Property Type: Residential Income Sub Type: 3 FamilySQ ft (Living Area): 3,115

  • Listing Price Information

    Original Listing Price: $639999

  • Tax Information

    Parcel Number: M:0N04 B:0000 L:0007,2833138 Annual Tax: $5929

  • Parking Information

    Parking Total: 7 Paved Drive, Off Street, Paved

  • Location Information

    Direction: Use GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1535 Meridian St, Fall River, MA, 02720 $729,900 3 3 2,204 2,204 SqFt
1243 New Boston Rd, Fall River, MA, 02720 $414,900 3 1 936 936 SqFt
1163 New Boston Rd, Fall River, MA, 02720 $524,900 4 2 1,689 1,689 SqFt
585 N Eastern Ave, Fall River, MA, 02720 $629,000 3 2 1,934 1,934 SqFt
47 Boutwell, Fall River, MA, 02720 $699,000 12 6 2,917 2,917 SqFt
341 Courtney St, Fall River, MA, 02720 $649,000 4 2 2,104 2,104 SqFt
793 Montgomery, Fall River, MA, 02720 $649,000 4 2 2,820 2,820 SqFt
200 Highcrest Rd, Fall River, MA, 02720 $689,900 4 4 3,718 3,718 SqFt
120 Millard St, Fall River, MA, 02720 $649,500 4 3 2,496 2,496 SqFt
604 Woodlawn Street, Fall River, MA, 02720 $419,000 3 2 1,389 1,389 SqFt

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ByOwner last updated this listing 06/25/2026 @ 02:00

MLS: 73539673 LISTED BY: Mission Impossible Team, United Brokers 781-629-2258 SOURCE: MLS Property Information Network

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