Rare multi-family investment opportunity in the heart of Fall River. Features six spacious units, including three 4-bedroom/1-bath units and three 2-bedroom units, offering strong income potential and versatile rental appeal. This well-positioned property is conveniently located near shopping, restaurants, schools, highways, public transportation, and the South Coast Rail/T station, with easy access to downtown and local amenities. A great addition to any investment portfolio with desirable unit layouts and excellent rental potential. Seller will consider package sale with MLS#73515618
Multi-familyProperty Type
1904Year Built
3,316 sq ftLot Size
$193Price/Sq.Ft.
Listed by Gilnerys Santana• Amaral & Associates RE
Middle Street-Broadway, located between Downtown Fall River and the Highlands, is a historic and mixed-use Fall River neighborhood with a mill-era streetscape and a Broadway corridor of storefronts. The neighborhood’s character concentrates around Broadway at Bedford Street, where corner shops, casual eateries, and service storefronts line the sidewalks under classic New England street trees. Triple-deckers and compact multifamily homes sit beside older commercial blocks, giving the area a lived-in, walkable rhythm. The Narrows Center for the Arts anchors nights with live music and gallery energy. Battleship Cove and the Fall River Heritage State Park add waterfront paths and big-sky views just off the grid. The Fall River Public Library’s Main Library brings a civic, architectural counterpoint to the neighborhood’s working-city texture.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Approximately 30 total rooms
Unfinished basement
Bathrooms
6 full bathrooms
Flooring
Wood, laminate, and varied flooring
Exterior features
Porch
Public road frontage
Easements on the lot
Home design
5-9 family multiunit building
5 total stories
Five levels
Parking
Open parking available
Construction
Brick construction
Brick/mortar foundation
Shingle roof
Built (approximate year per public records)
Utilities
Public water
Public sewer
Gas available for range
HOA & community
Public transportation access
Highway access
Not a senior community
Financial info
Total building area approximately 6,219
Electricity and solar
View estimated energy costs and solar savings for this home
6 unit, fully occupied investment property. The front apartments are all 3 bedroom units with triple parlors, and the rear apartments are all 2 bedrooms. Roof was installed in the last couple years. Great income opportunity!
MLS PIN #71769489
Apr 1, 2016
Sold
$115,000
$18/sq ft
Feb 17, 2016
Pending
—
Feb 10, 2016
Price Changed
$120,000
$19/sq ft
Feb 10, 2016
Relisted
—
Nov 11, 2015
Pending
—
May 18, 2015
Price Changed
$179,000
$29/sq ft
May 5, 2015
Price Changed
$199,000
$32/sq ft
May 5, 2015
Relisted
—
Apr 23, 2015
Pending
—
Apr 20, 2015
Price Changed
$209,000
$34/sq ft
Jan 31, 2015
Price Changed
$249,000
$40/sq ft
Nov 17, 2014
Listed
$269,000
$43/sq ft
Short sale approved on this large 6 family near Kennedy Park. 3 front facing units with 3 bedrooms, double parlors; 3 back units are all 2 bedroom units. Property in need of major rehab as is reflected in the price and being sold in AS IS condition. This will not pass FHA; best suited for investor or cash buyer but could be a tremendous money maker for the right buyer! Vinyl sided; recently updated 200 amp house meter. All separate utilities. Driveway does not belong to the house. Since this is a short sale, all aspects of this sale are subject to lien holders' approval Buyer is responsible for all smoke inspections.
Public Records
May 1, 2003
Sold
$225,000
$36/sq ft
Public Records
Nov 12, 1999
Sold
$130,000
$21/sq ft
Public Records
Dec 29, 1995
Sold
$125,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,144 (+14.7%)
$84,200 + $416,500
$500,700
2022
$5,355 (+10.1%)
$80,100 + $344,200
$424,300
2021
$4,864 (+16.3%)
$76,300 + $275,400
$351,700
2020
$4,182 (+9.6%)
$75,100 + $214,300
$289,400
2019
$3,814 (+2.4%)
$72,400 + $189,200
$261,600
2018
$3,724 (+6.0%)
$78,400 + $176,300
$254,700
2017
$3,514 (+3.9%)
$74,700 + $176,300
$251,000
2016
$3,383 (+4.2%)
$79,500 + $168,700
$248,200
2015
$3,246 (−0.4%)
$79,500 + $168,700
$248,200
2014
$3,259 (+2.7%)
$77,100 + $182,000
$259,100
2013
$3,172 (+5.7%)
$82,000 + $183,900
$265,900
2012
$3,000 (+7.3%)
$89,300 + $183,900
$273,200
2011
$2,795 (−14.7%)
$89,300 + $183,900
$273,200
2010
$3,278 (+25.5%)
$110,200 + $252,400
$362,600
2009
$2,612
$115,800 + $208,300
$324,100
Public record
Beds
18
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
6,219
Unfinished Sq. Ft.
—
Total Sq. Ft.
6,219
Year built
1904
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2825772
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
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 227 Eagle St
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