TURNKEY investment opportunity! Two 6 Families on 1 Lot. 454 and 466 Third Street containing 12 total rental units in total! #454 consists of 2 two-bedroom units and 4 one-bedroom units. #466 consists of 6 two-bedroom units. Fully rented and great cash flow. Great cash flow with current rents of $127,200 and room for increases with market rents of $162,000. Well maintained and updated in the last couple years. Possible expansion of the 4th floor for additional units. Plenty of off-street parking for tenants. All separate utilities. Fully rented with excellent rental history. Invest In Fall River!!! Very rare do you see a well maintained 12 unit come up for sale!!! Group showing scheduled for Saturday, February 19th at 1:30 and 2:00 PM. And 49 Hamlet Street group showing on Saturday February 19th at 12:00 Noon and 12:30 PM. Maybe purchased as a package with 49 Hamlet Street. MLS #72940365
12 UNITS WITH OFF-STREEET PARKING FOR 15 CARS! FULLY RENTED IN GOOD CONDITION. 454 3rd has 4-1 beds & 2-2 beds. 466 3rd has 6-2 beds. 4 units w/ baseboard heat. Large attic space on both properties for possible additional future units. TOTAL COMBINED CURRENT MONTHLY INCOME IS APPROXIMATELY $5,980.
MLS PIN #30685750
May 13, 2003
Sold
$250,000
$30/sq ft
Feb 24, 2003
Listing Removed
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Feb 1, 2003
Listed
$229,900
$28/sq ft
6 FAMILY WITH 4X2 BED APTS AND 2X 1 BED APTS. FULLY RENTED AND ALL SEPARATE UTILITES. PROPERTY BEING SUBDIVIDED FROM 466 THIRD ST. PARKING LOT FOR 8 CARS. SOME SELLER FINANCING AVAILABLE.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Bristol County
APN
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Parking Spaces
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Basement
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Accessible
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Last updated by owner on Jul 24, 2025.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 16
Parking Features: Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 12
Basement Information
Basement: Full
Laundry Information
Laundry Features: Washer Hookup
Interior Features
# of Rooms (Total): 44
Flooring: Other
Unit #1 Information
# of Floors: 2
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Exterior
Building Information
Building Area (Total): 8,260
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Grey
Exterior Features
Roof: Shingle
Property Information
Accessibility Features: Accessible Entrance
PropertySubType: 5-9 Family
Green Energy Efficient : Other (See Remarks)
Lot Information
Lot Size (Acres): 0.25
Lot Features: Corner Lot
Frontage Length: 150
Road Surface Type: Paved
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $9,224.61
Tax Year: 2021
Utilities
Utility Information
Utilities: for Gas Range, for Electric Oven, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Location
Location Information
Directions: Corner of Third Street and Morgan Street. Please use GPS.
UnparsedAddress: 454 & 466 Third Street, Fall River MA 02721
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Highway Access, Public School
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Bristol County
APN: —
Home facts updated by county records on Jul 24, 2025
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Henry Lord Community School
Public K-8 • Assigned • 1.7mi
4/10
B M C Durfee High School
Public 9-12 • Assigned • 1.9mi
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
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)
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43
67
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82
68
80
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74
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64
50
54
40
41
28
Jan
Feb
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Apr
May
Jun
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Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
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