Turnkey 6-Family Investment Property – Fully Rented with Strong Cash Flow!An incredible investment opportunity awaits with this fully rented six-family property, generating a gross monthly income of $11,650! Located just minutes from downtown Fall River, this well-maintained building features updated units and brand-new windows for improved energy efficiency. Each unit offers a functional layout, ample natural light, and desirable updates, making it easy to attract and retain tenants. The property is situated in a high-demand rental area, with easy access to major highways, public transportation, shopping, dining, and the exciting developments in Fall River’s waterfront district. Whether you’re a seasoned investor or looking to expand your portfolio, this income-producing property delivers strong rental returns with minimal upkeep. Don’t miss out on this prime multi-family investment!Financials and rent roll available upon request. Schedule your private showing today!
Looking for cash flow? This oversized six family unit has come to deliver! This property has been family and owner occupied for decades! Located on the quiet end of Division St, your tenants will appreciate the off-street parking, one car garage, and spacious back yard! Three units offer 3beds and three units offer 2beds with all separate utilities. Four newer hot water tanks, newer roof, huge basement with plenty of storage, and painters sink. Vinyl exterior, minimal maintenance property! For your convenience two washers and three dryers are included with the sale! Give this multifamily the love it needs, and you will not regret it! Schedule your private showing!
Year
Property tax
Land + Additions
Assessment*
2023
$5,920 (+3.8%)
$87,700 + $394,800
$482,500
2022
$5,706 (+10.5%)
$83,500 + $368,600
$452,100
2021
$5,166 (+16.7%)
$79,500 + $294,000
$373,500
2020
$4,425 (+9.9%)
$78,300 + $227,900
$306,200
2019
$4,027 (+5.5%)
$75,400 + $200,800
$276,200
2018
$3,817 (+6.0%)
$81,700 + $179,400
$261,100
2017
$3,602 (+3.9%)
$77,900 + $179,400
$257,300
2016
$3,467 (+4.2%)
$82,800 + $171,600
$254,400
2015
$3,328 (−0.4%)
$82,800 + $171,600
$254,400
2014
$3,341 (+2.7%)
$80,400 + $185,200
$265,600
2013
$3,253 (+5.7%)
$85,500 + $187,200
$272,700
2012
$3,078 (+7.4%)
$93,100 + $187,200
$280,300
2011
$2,867 (−14.9%)
$93,100 + $187,200
$280,300
2010
$3,367 (+3.3%)
$114,900 + $257,600
$372,500
2009
$3,258
$120,700 + $283,500
$404,200
Tax history for 181 Division St
Year
Property tax
Land + Additions
Assessment*
2023
$5,920 (+3.8%)
$87,700 + $394,800
$482,500
2022
$5,706 (+10.5%)
$83,500 + $368,600
$452,100
2021
$5,166 (+16.7%)
$79,500 + $294,000
$373,500
2020
$4,425 (+9.9%)
$78,300 + $227,900
$306,200
2019
$4,027 (+5.5%)
$75,400 + $200,800
$276,200
2018
$3,817 (+6.0%)
$81,700 + $179,400
$261,100
2017
$3,602 (+3.9%)
$77,900 + $179,400
$257,300
2016
$3,467 (+4.2%)
$82,800 + $171,600
$254,400
2015
$3,328 (−0.4%)
$82,800 + $171,600
$254,400
2014
$3,341 (+2.7%)
$80,400 + $185,200
$265,600
2013
$3,253 (+5.7%)
$85,500 + $187,200
$272,700
2012
$3,078 (+7.4%)
$93,100 + $187,200
$280,300
2011
$2,867 (−14.9%)
$93,100 + $187,200
$280,300
2010
$3,367 (+3.3%)
$114,900 + $257,600
$372,500
2009
$3,258
$120,700 + $283,500
$404,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
12
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
7,841 Sq. Ft.
Year renovated
—
Sq. Ft.
6,102
Year built
1900
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2825707
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 4
Interior
Bathroom Information
# of Bathrooms (Full): 6
Basement Information
Basement: Unfinished
Interior Features
# of Rooms (Total): 30
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: 2
# of Floors: 2
Lease: Y
Unit #4 Information
# of Levels: 2
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 6,102
Foundation Details: Concrete Perimeter
Stories (Total): 9
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.18
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $6,655
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: waze or google maps
UnparsedAddress: 181 Division St, Fall River MA 02721
Community Information
Senior CommunityYN: No
Public facts
Beds: 12
Baths: 6.0
Sq. Ft.: 6,102
Stories: 3.0
Lot Size: 7,841 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Bristol County
APN: 2825707
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
John J Doran Community School
Public PreK-8 • Assigned • 0.3mi
5/10
B M C Durfee High School
Public 9-12 • Assigned • 2.4mi
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
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 • 02721
Average low and high temperatures (°F)
35
23
37
24
49
34
58
43
67
53
79
63
82
68
80
64
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 9 hours in
June and 4.6 hours in December, placing it below the
U.S. average for solar exposure.