Excellent investment opportunity in the heart of Fall River! This well-maintained 4-family property offers four spacious units with strong rental income potential, making it an ideal addition to any investment portfolio or a great option for an owner-occupant. Conveniently located near shopping, restaurants, schools, public transportation, parks, and major highways, this property offers easy access to everything the city has to offer. On-street parking is readily available. Whether you’re looking to expand your portfolio or generate steady rental income, this multi-family is a fantastic opportunity you won’t want to miss. First showing at the Open House on Saturday, August 1st, at 11:00 AM
Broadway Extended, located between Downtown Fall River and the Highlands, is a historic and mixed-use Fall River neighborhood with a commercial spine and classic triple-decker streetscapes. The neighborhood’s character concentrates around Broadway at Bedford Street, where corner storefronts, takeout counters, and long-running service shops set a steady, street-level rhythm. Blocks of wood-frame multifamilies mix with compact single-family homes, giving the area a practical, walk-to-errands layout. The Narrows Center for the Arts and the Fall River Historical Society add a cultural throughline beyond the main drag. Kennedy Park and the Quequechan River corridor bring green breaks and water-edge scenery into the grid. Cafes and small restaurants along Broadway keep the pace social without feeling staged.
Provided by Walk Score and Local Logic
Offer insights
186 Fountain St · $729,999
$735K and above
75% chance or better to win
Why $735K+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 28 days.
SALE-TO-LIST
101.4%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Living room
Kitchen
16 total rooms
Bedrooms
Multiple units with bedroom(s) (unit-level details available)
Bathrooms
4 full bathrooms
Kitchen
Range
Refrigerator
Gas range utility available
Laundry & utility
Laundromat available in the community (nearby)
Flooring
Laminate flooring
Heating & cooling
Natural gas heating
Window air conditioning units
Exterior features
Porch
Rain gutters
Fenced / enclosed yard
Home design
4-family building (4 units up/down)
4 stories total
Harbor waterview
Parking
Open parking available
Construction
Stone foundation
Shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Gas available for range
HOA & community
Community has public transportation, shopping, park access, medical facility, laundromat, highway access, houses of worship, and public schools
Financial info
Income/expense and investor-specific details not provided
Electricity and solar
View estimated energy costs and solar savings for this home
Massive 4 family ! Collect Rent on day one. The perfect Investment property to add to your portfolio. This is a great cash on cash return. Excellent leased tenants who all pay on time. All 4 units are in fair condition. The building has 2-1 bedrooms and 2-2 bedrooms. This property is a 6 minute drive to the Mbta South Coast Commuter Rail Fall River Depot Station currently being constructed at 825 Davol Street. Located in the St Annes-Kennedy Park area which is right off the highway that brings you to Northern Mass or Rhode Island. Fully rented units with good cash flow. This property is very low maintenance with minimal yard and vinyl siding. Easy highway access and close to parks, transportation and school. Invest In Fall River MA today!
MLS PIN #72744291
Feb 10, 2021
Sold
$386,000
$121/sq ft
Nov 1, 2020
Price Changed
$389,900
$123/sq ft
Oct 16, 2020
Listed
$399,900
$126/sq ft
+10
INVESTORS take notice!! Money making 4 Family property with great rents & long term tenants! This property has been well maintained- it contains 2 (1) bedroom units and 2 (2) bedroom units and is fully occupied. The 2nd and 3rd floors span the entire length of the building, these units are HUGE. The top 2 units have very large full kitchens, large bathrooms, plenty of closet spaces, double parlors, and huge bedrooms! Bonus features include: maintenance free exterior, newly updated/renovated units, and good sized yard for tenant use. *Opportunity to purchase as a package with 41 Tremont St. (3 family- MLS ID 72736095) and 682 Eastern Ave. (3 family- MLS ID 72738717).
MLS PIN #72116402
Jun 5, 2017
Sold
$190,000
$60/sq ft
Feb 18, 2017
Pending
—
Feb 6, 2017
Listed
$149,900
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,191 (+16.1%)
$83,900 + $257,700
$341,600
2022
$3,609 (+8.2%)
$79,900 + $206,100
$286,000
2021
$3,337 (+13.4%)
$76,100 + $165,200
$241,300
2020
$2,942 (+8.6%)
$74,900 + $128,700
$203,600
2019
$2,709 (+8.0%)
$72,200 + $113,600
$185,800
2018
$2,509 (+6.7%)
$78,200 + $93,400
$171,600
2017
$2,351 (+2.3%)
$74,500 + $93,400
$167,900
2016
$2,299 (+4.2%)
$79,300 + $89,400
$168,700
2015
$2,207 (+1.2%)
$79,300 + $89,400
$168,700
2014
$2,180 (+2.0%)
$76,900 + $96,400
$173,300
2013
$2,138 (+4.4%)
$81,800 + $97,400
$179,200
2012
$2,047 (+7.3%)
$89,000 + $97,400
$186,400
2011
$1,907 (−12.7%)
$89,000 + $97,400
$186,400
2010
$2,184 (+3.2%)
$109,900 + $131,700
$241,600
2009
$2,117
$115,500 + $147,200
$262,700
Public record
Beds
4
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,182
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,182
Year built
1900
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2827765
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
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
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 186 Fountain St
$735,384
$5,385 over list price of $730K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $640K to $755K.