Don't miss this exceptional opportunity to acquire a spacious three-family property in a high-demand rental market. Located at 280 Ridge St, Fall River, this income-producing asset offers over 3,200 square feet of living space across three levels, featuring 8 bedrooms and 3 full bathrooms.What sets this property apart is its strong income stability. Current rents are at market value, providing investors with reliable cash flow from day one. With continued strong rental demand throughout Fall River, this property offers a solid and dependable investment opportunity.Built in 1900, the property offers the charm and character of a classic New England multi-family while delivering the functionality today's tenants seek. The generous unit layouts provide ample living space, making them highly attractive to both current and future occupants.Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking rental income to offset your mortgage, this pro
Multi-familyProperty Type
1900Year Built
2,753 sq ftLot Size
$213Price/Sq.Ft.
Listed by Nadege Cadet• Fast Plus Realty, Inc.
Listed by Jenny Vlada Jeune• Fast Plus Realty, Inc.
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
Offer insights
280 Ridge St · $689,999
$690K and above
75% chance or better to win
Why $690K+ is a strong offer
DAYS ON MARKET
114 days
The average home goes pending in 31 days.
SALE-TO-LIST
101.2%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Living
Dining
Interior features
15 total rooms
Bathrooms
3 full bathrooms
Exterior features
Public sewer
Public water
Home design
3-family property
3 total stories
3 levels
Parking
No open parking spaces listed
Construction
Stone foundation
Built per public records
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Other
Total building area reported as 3,234
Lot size about 0.06 acres
Property listed as Active
Electricity and solar
View estimated energy costs and solar savings for this home
Great 3 family with 3 bedrooms in each unit that is ideal for an owner occupied or investor. 1st floor is currently vacant, has been freshened up and offers granite countertops. Two of the three units have central air conditioning & 3rd floor has been renovated over the last few years. New electrical panels for all three units & house meter
MLS PIN #73078400
Mar 2, 2023
Sold
$585,000
$181/sq ft
Feb 12, 2023
Listed
$579,900
$179/sq ft
+18
ACCEPTED OFFER - OPEN HOUSE CANCELED - Welcome to 280 Ridge Street - Great opportunity to own two cash-flowing buildings on one lot in the exploding city of Fall River with the new MBTA Commuter rail coming soon! Investment property consisting of two separate buildings on one parcel of land. Located near St. Anne’s hospital, and Battleship cove. The front building is an solid updated 3-family consisting of all 2 bedroom units + 1 bath and coin operated laundry in the basement. The building in the rear is a 4-bedroom single family + 1 bath. Property offers vinyl windows and siding, separate utilities with 1st floor having radiators, 2nd and 3rd floors have FHA/AC and single family has radiators. Long term tenants, rent below market value. Potential income of $7,200-$7,500 at market rents. Great for investors or for owner occupancy as well. A property like this won’t last long! First Showings will be at the Open House Saturday the 18th 12-2pm and Sunday the 19th 12-2pm
MLS PIN #72929895
Mar 21, 2022
Sold
$577,000
$178/sq ft
Jan 5, 2022
Contingent
—
Dec 29, 2021
Listed
$529,900
$164/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,950 (+31.1%)
$85,900 + $480,500
$566,400
2022
$5,302 (+8.1%)
$81,800 + $338,300
$420,100
2021
$4,903 (+7.8%)
$77,800 + $276,700
$354,500
2020
$4,550 (+13.3%)
$76,700 + $238,200
$314,900
2019
$4,017 (+6.9%)
$73,800 + $201,700
$275,500
2018
$3,759 (+6.2%)
$79,900 + $177,200
$257,100
2017
$3,538 (+3.4%)
$76,200 + $176,500
$252,700
2016
$3,422 (+8.1%)
$81,100 + $170,000
$251,100
2015
$3,165 (−1.3%)
$81,100 + $160,900
$242,000
2014
$3,208 (+2.2%)
$78,700 + $176,300
$255,000
2013
$3,138 (+3.3%)
$83,700 + $179,300
$263,000
2012
$3,039 (+7.3%)
$91,100 + $185,700
$276,800
2011
$2,832 (−4.1%)
$91,100 + $185,700
$276,800
2010
$2,954 (+1.8%)
$112,400 + $214,400
$326,800
2009
$2,902
$118,100 + $241,900
$360,000
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5,663 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
—
Style
Other
County
Bristol County
APN
2826013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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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
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
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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
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Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 280 Ridge St
$674,140
$16K under list price of $690K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $485K to $825K.