Investors take notice of this Fall River income property. This well maintained cash cow has six x two bedroom units with tenants in place. This is the perfect opportunity to invest in the perfect city at the perfect time. Centrally located a few blocks from one of Fall River's main avenues. The location is perfect as it is next to stores, restaurants, parks, schools and highways. Check out the well maintained, fully rented units this one has to offer. Nothing to do but close and cash flow. Move quick and invest in the city before the train hits.
Multi-familyProperty Type
1935Year Built
2,718 sq ftLot Size
$142Price/Sq.Ft.
Listed by Nathan Carroll• Lion Gate Real Estate, Inc.
NOI is $40,068 and Cap Rate is 9.21%. The rental market is tight and vacancies fill quickly for a premium. At $72,500 a unit, this 6-unit building is being offered for an investor looking to add a cash flowing and well managed property to their portfolio. Current ownership purchased the property, stabilized and repaired it and brought in a top management team to manage the day to day operations. Current management company has over 400 units under management and is willing to continue working with the new owners to ensure a seamless transition. This represents an opportunity for a passive investor to purchase income producing property and remain “hands off.” Fall River has several economic factors to continue to support the current income (and future growth) at this property. Sale includes 6 Fridges/6 Stoves/6 Water Heaters. Contract with vendor for coin-op laundry for added income. See attached report for further complete breakdown of property.
Year
Property tax
Land + Additions
Assessment*
2023
$6,609 (+15.0%)
$78,500 + $460,100
$538,600
2022
$5,748 (+10.4%)
$74,700 + $380,800
$455,500
2021
$5,208 (+7.6%)
$71,500 + $305,100
$376,600
2020
$4,838
$69,200 + $265,600
$334,800
Tax history for 136 Lonsdale St
Year
Property tax
Land + Additions
Assessment*
2023
$6,609 (+15.0%)
$78,500 + $460,100
$538,600
2022
$5,748 (+10.4%)
$74,700 + $380,800
$455,500
2021
$5,208 (+7.6%)
$71,500 + $305,100
$376,600
2020
$4,838
$69,200 + $265,600
$334,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
15
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
2,614 Sq. Ft.
Year renovated
—
Sq. Ft.
5,478
Year built
1935
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
5080926
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 24, 2025.
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 6
Interior Features
# of Rooms (Total): 27
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 5,478
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Approximate
Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down
Lot Information
Lot Size (Acres): 0.06
Financial
Tax Information
Tax Annual Amount: $6,609
Tax Year: 2023
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: GPS
UnparsedAddress: 136 Lonsdale St, Fall River MA 02721
Community Information
Senior CommunityYN: No
Public facts
Beds: 15
Baths: 6.0
Sq. Ft.: 5,478
Stories: 3.0
Lot Size: 2,614 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1935
Year Renovated: —
County: Bristol County
APN: 5080926
Home facts updated by county records on Jul 24, 2025
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
William S Greene Elementary School
Public PreK-5 • Assigned • 0.5mi
3/10
Matthew J Kuss Middle School
Public 6-8 • Assigned • 1.4mi
2/10
B M C Durfee High School
Public 9-12 • Assigned • 2.0mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
6/10 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 • 02721
Average low and high temperatures (°F)
35
23
37
24
49
34
58
43
67
53
79
63
82
68
79
62
74
59
64
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.