Fully occupied 6 family (3 story) property located in the South End of Fall River. This property offers 2 bedroom units with 6 off street parking spots bringing in appx $116K a year. Constructed in 1969, this well very well maintained and expansive structure encompasses 5208 square feet of living space on a substantial .23 acre lot. Many updates have been completed since 2020 including: remodeled bathrooms, new flooring, appliances and a new energy efficiency heating system. Building offers separate electric meters adding to convenience. Rents include heat and hot water for all 6 units. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 124 Ash Street offers a unique opportunity for a compelling investment portfolio expansion.
Broadway, located between Downtown Fall River and the Highlands, is a historic and commercial Fall River neighborhood with a streetcar-era main drag and a patchwork of triple-deckers. The neighborhood’s character concentrates along Broadway near Bedford Street, where corner markets, barbershops, takeout counters, and small storefronts keep the sidewalks in motion. Architectural details lean toward late-19th- and early-20th-century wood-frame homes with porches and bay windows. The corridor reads as practical and lived-in, with civic buildings and local services mixed into the blocks. A short ride away, Battleship Cove, the Narrows Center for the Arts, and the Fall River Historical Society help anchor local culture.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Includes a laundry room
Bathrooms with tubs
Living room
Kitchen
Total of 24 rooms
Bathrooms
Six full bathrooms
Kitchen
Range
Refrigerator
Laundry & utility
Washer and dryer hookup
Flooring
Tile
Carpet
Wood
Heating & cooling
Baseboard heating
Window air conditioning units
Exterior features
Porch
Rain gutters
Public road frontage
Home design
5-9 family property
Five stories
Beige exterior color
Parking
Paved off-street parking
Six open parking spaces
Construction
Frame construction
Concrete perimeter foundation
Shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric service varies by unit
Electric connections for electric range and oven
HOA & community
Access to nearby public transportation, shopping, parks, walking/jogging trails, medical facility, laundromat, highway access, houses of worship, marina, and schools
Not a senior community
Other
Property contains multiple units (unit leases vary; some units leased)
Total building area approximately 5,208
Electricity and solar
View estimated energy costs and solar savings for this home
Many updates have been made in recent years including windows and the roof. These units are spacious and in above average condition. The building is a solid investment with little maintenance. Rents include heat which are low due to the longevity of the current ownership. The house is well insulated and the new windows make this house very affordable to heat. This is a turn key investment with much potential.
MLS PIN #71688786
Dec 22, 2014
Sold
$256,000
$49/sq ft
Oct 20, 2014
Contingent
—
Oct 16, 2014
Relisted
—
Oct 15, 2014
Listing Removed
—
Oct 7, 2014
Price Changed
$255,900
$49/sq ft
Jul 30, 2014
Price Changed
$264,900
$51/sq ft
Jun 5, 2014
Relisted
—
May 31, 2014
Contingent
—
May 29, 2014
Listed
$279,900
$54/sq ft
This six family is in good condition and is close to Kennedy park. 5 out of six units recently renovated . Off street parking for 6 cars . One boiler and hot water tank. Built in 1969.
Public Records
Jul 24, 2003
Sold
$320,000
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,767 (+14.2%)
$89,400 + $462,100
$551,500
2022
$5,925 (+40.8%)
$85,100 + $384,400
$469,500
2021
$4,208 (+14.4%)
$81,000 + $223,300
$304,300
2020
$3,678 (+9.0%)
$79,800 + $174,700
$254,500
2019
$3,375 (+4.0%)
$76,800 + $154,700
$231,500
2018
$3,246 (+6.3%)
$83,200 + $138,800
$222,000
2017
$3,053 (+3.0%)
$79,300 + $138,800
$218,100
2016
$2,965 (+3.7%)
$84,400 + $133,100
$217,500
2015
$2,858 (+0.4%)
$84,400 + $134,100
$218,500
2014
$2,846 (+2.4%)
$81,900 + $144,300
$226,200
2013
$2,778 (+5.5%)
$87,100 + $145,800
$232,900
2012
$2,632 (+7.3%)
$94,800 + $144,900
$239,700
2011
$2,452 (−13.8%)
$94,800 + $144,900
$239,700
2010
$2,845 (+1.0%)
$117,000 + $197,700
$314,700
2009
$2,816
$122,900 + $226,500
$349,400
Public record
Beds
12
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
5,208
Unfinished Sq. Ft.
—
Total Sq. Ft.
5,208
Year built
1969
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2826991
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Fall River, MA • 02724
Average low and high temperatures (°F)
35
24
37
25
49
35
58
44
67
53
78
63
82
68
79
63
74
60
63
50
54
41
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Fall River. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 124 Ash St
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.