One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner. Please see MLS #: 73500576
Multi-familyProperty Type
1880Year Built
3,724 sq ftLot Size
$257Price/Sq.Ft.
3 spacesParking
Listed by Gilded Girls Group• Beach Homes Realty, LLC
Listed by Gilded Girls Group• Beach Homes Realty, LLC
Corky Row, located between Highland Avenue and Rock Street, is a historic and residential Fall River neighborhood with a tight street grid and a strong mill-era streetscape. The character concentrates along Highland Avenue near Rock Street, where corner storefronts, takeout counters, and everyday services set a steady, lived-in rhythm. Triple-deckers and compact cottages line the blocks, with small porches and narrow lots defining the streetscape. The nearby Fall River Heritage State Park adds waterfront paths and museum stops that shape weekend routines. Battleship Cove and the Marine Museum at Fall River anchor local history close by. Downtown’s cafés and galleries sit a short ride away, keeping the area connected to the city’s cultural calendar.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
26 total rooms
Decorative lighting
Fruit trees (interior-listed exterior amenity noted with property)
Bathrooms
4 full bathrooms
1 half bathroom
Flooring
Vinyl flooring
Carpet
Hardwood flooring
Heating & cooling
Forced air heating
Natural gas heating
Space heater
Window cooling units
Exterior features
Fenced yard
Porch
Enclosed covered patio
Gazebo
Above-ground pool
City views
Public road frontage
Home design
5+ family building (5+ units up/down)
7 stories
Parking
Open parking for 3 vehicles
Paved driveway
Off-street parking
Construction
Frame construction
Concrete perimeter foundation
Shingle roof
Cream exterior color
Renovated since original construction
Utilities
Public water
Public sewer
200+ amp electric service
HOA & community
Community features include public transportation, shopping, pool, park, walk/jog trails, medical facility, laundromat, highway access, house of worship, marina, private and public schools, and T-Station
Electricity and solar
View estimated energy costs and solar savings for this home