Introducing a prime investment opportunity in the rapidly revitalizing city of Fall River! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, Fall River is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown Fall River, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass FHA/VA Loan.
Multi-familyProperty Type
1900Year Built
3,511 sq ftLot Size
$220Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Bradford Thelin• Lamacchia Realty, Inc.
Bought with Alvarino Barbosa• Keller Williams Coastal
Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Pantry, Slider, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 2,808
Foundation Details: Granite
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Grey
Exterior Features
Roof: Shingle
Patio And Porch Features: Patio
Exterior Features: Balcony/Deck, Balcony, Rain Gutters, Varies per Unit
Property Information
PropertySubType: 3 Family
Has Waterview
Bay, Public
Lot Information
Lot Size (Acres): 0.08
Lot Features: Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $5,023
Tax Year: 2024
Utilities
Utility Information
Utilities: for Gas Range, for Gas Oven, Varies per Unit
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 100 Amp Service, Individually Metered, Varies per Unit
Heating & Cooling
Has Heating
Heating: Natural Gas, Space Heater, Electric
Cooling: Individual
Location
Location Information
Directions: Use GPS.
UnparsedAddress: 474 William St, Fall River MA 02721
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, Sidewalks
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,808
Stories: 3.0
Lot Size: 3,485 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Bristol County
APN: 2827755
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
John J Doran Community School
Public PreK-8 • Assigned • 0.2mi
5/10
B M C Durfee High School
Public 9-12 • Assigned • 2.1mi
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)
35
23
37
24
49
34
58
43
67
53
79
63
82
68
80
64
74
59
64
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
Estimated sale price
$588,000 – $711,000
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