Welcome to 231 County St in Fall River! This 3-family property offers a great opportunity for both owner-occupants and investors. Featuring 6 bedrooms and 3 full bathrooms across three units, the property provides a spacious and versatile layout with plenty of potential. Additional features include a full basement, fenced yard, and one on-site parking space for the owner’s convenience. Ideally located near shopping, schools, highway access, and local amenities, plus approximately 2 miles from the newly built Fall River commuter rail station, offering added convenience for commuters. Whether you’re looking to expand your investment portfolio or explore the benefits of multi-family ownership, this property is one you won’t want to miss. Schedule your showing today!
Merchants Association, located between Downtown Fall River and the Highlands, is a commercial and civic Fall River neighborhood with a historic streetscape and a working waterfront backdrop. The neighborhood’s character concentrates around South Main Street near Government Center, where storefront blocks, lunch counters, and service shops keep the sidewalks in motion. Pillars include the Narrows Center for the Arts, the Fall River Historical Society, and Battleship Cove. Brick mill-era buildings and compact blocks give the area a classic South Coast rhythm. Braga Bridge views and the Taunton River edge add open sky to the urban grid. Cafes, galleries, and small offices share space with long-running local institutions.
Provided by Walk Score and Local Logic
Offer insights
231 County St · $599,000
$604K and above
75% chance or better to win
Why $604K+ is a strong offer
DAYS ON MARKET
48 days
The average home goes pending in 29 days.
SALE-TO-LIST
101.2%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Total of 12 rooms
Full walk-out basement with interior entry and dirt floor
Bathrooms
3 full bathrooms
Flooring
Tile flooring
Vinyl flooring
Heating & cooling
3 heating units
No cooling units
Exterior features
Fenced/enclosed yard
Front porch
Home design
3-family property
3 stories
Parking
Off-street parking with 1 open space (1 total parking space)
Construction
Frame and stone construction
Stone foundation
Shingle roof
Gray exterior
Lead paint certified treated
Built (year per public records)
Utilities
Public water
Public sewer
Electric service 60 amps or less
Gas available for range and gas oven
HOA & community
Not a senior community
Community access to public transportation, shopping, parks, walk/jog trails, medical facility, laundromat, bike path, conservation area, highway access, house of worship, public school, T-Station
Financial info
Multifamily investment (3-family)
Other
Building total area 2,328
Lot size approximately 0.09 acres
Public road frontage
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome to your perfect opportunity! This multi-family gem is a dream for first-time homebuyers and savvy investors alike. With just a 3.5% down payment using an FHA loan, you can unlock the potential of house hacking – living in one unit while renting out the others. Imagine significantly reducing your mortgage costs as your tenants help pay it off! For the investor seeking to expand their portfolio, this property offers fantastic potential. Adding doors means increasing your revenue streams, all while taking advantage of the benefits of multi-family ownership. With steady rental income and potential for property value appreciation, this is a strategic move towards building long-term wealth. Don't miss out on this financially savvy opportunity – seize the chance to make the most of your investment goals with this multi-family property & start collecting rent on day 1!
MLS PIN #72829997
Jul 14, 2021
Sold
$387,000
$166/sq ft
May 12, 2021
Listed
$359,000
$154/sq ft
+4
INVESTORS TAKE NOTE! Collect immediate rental income with this RARE OPPORTUNITY to own this well maintained and operated 3 unit multifamily! This deal is IDEAL for the FHA owner occupier and READY TO MOVE IN (projected rent is $1,100/mo if rented)! The 2 bed, 1 bath owner's unit is gorgeous, vacant and renovated with everything new, kitchen to bath! Includes a fenced in private yard and your own private off street parking spot! The second and third floor units are rented out to long term, on-time paying TAW tenants! Professional property management in place and can be transferred to new owner if desired. Nothing to do but sign papers and collect income! Call to schedule your showing today! Perfect for an owner occupied opportunity with the first floor being delivered vacant. Basement has washer/dryer hookups. Too much to see!
Year
Property tax
Land + Additions
Assessment*
2023
$3,930
$79,400 + $240,900
$320,300
Public record
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,328
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,328
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Bristol County
APN
5203503
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Historical weather
Fall River, MA • 02723
Average low and high temperatures (°F)
35
23
37
24
49
34
58
43
67
53
79
63
82
67
79
62
74
59
64
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 231 County St
$601,342
$2,342 over list price of $599K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $466K to $637K.