ATTENTION INVESTORS! must sell 22 UPDATED RENOVATED APARTMENTS FULLY DELEADED. Gross income of $178200. NOI of $127000 and a great 13% Cap rate. Turnkey great investment. Updated kitchens, baths, windows, maintenance free exterior vinyl siding and roof less than 10 years old. All utilities are seperate for these 4 seperate very clean buildings. Selling as a package on the same corner lot, but they are already subdivided and you can sell them seperately in the future. EXCELLENT INCOME OF ~$15, 000 Per month. Eleven 3 bedrooms, Ten 2 bed and One 1 bed. 18 parking spaces. .(2)6 FAMS, (1)7 FAM, (1)3 FAM. Buildings are in the heart of Downtown Fall River which provides easy access to I-195, Route 79, and walking distance to many stores, restaurants, parks and shopping. Solid rental history and at only $53,000 per unit! owners have other projects on their plate. Package consists of 55-75 Reuben and 299-301 Quequechan St. once listed for 1,999,000.
Cash Cow!! Turn key operation. All updated,Delead certs.New roofs,windows,kitchens baths & much more.All in excellent condition. Monthly income of $16,000.Selling with 55 Reuben St & 299-301 Quequechan St as package.Total of 22 units.Total package price,$1,600,000
Year
Property tax
Land + Additions
Assessment*
2023
$6,893 (+15.2%)
$79,400 + $482,400
$561,800
2022
$5,983 (+10.7%)
$75,600 + $398,500
$474,100
2021
$5,406 (+17.7%)
$72,300 + $318,600
$390,900
2020
$4,592 (+9.1%)
$70,000 + $247,800
$317,800
2019
$4,209 (+7.0%)
$70,000 + $218,700
$288,700
2018
$3,934 (+4.4%)
$73,400 + $195,700
$269,100
2017
$3,767 (+7.8%)
$73,400 + $195,700
$269,100
2016
$3,496 (+4.2%)
$69,200 + $187,300
$256,500
2015
$3,355 (−16.1%)
$69,200 + $187,300
$256,500
2014
$3,999 (+4.0%)
$96,900 + $221,000
$317,900
2013
$3,844 (+9.0%)
$98,900 + $223,300
$322,200
2012
$3,528 (+7.3%)
$98,000 + $223,300
$321,300
2011
$3,287 (−11.6%)
$98,000 + $223,300
$321,300
2010
$3,719 (+9.5%)
$105,300 + $306,100
$411,400
2009
$3,396
$108,100 + $313,300
$421,400
Tax history for 55-75 Reuben
Year
Property tax
Land + Additions
Assessment*
2023
$6,893 (+15.2%)
$79,400 + $482,400
$561,800
2022
$5,983 (+10.7%)
$75,600 + $398,500
$474,100
2021
$5,406 (+17.7%)
$72,300 + $318,600
$390,900
2020
$4,592 (+9.1%)
$70,000 + $247,800
$317,800
2019
$4,209 (+7.0%)
$70,000 + $218,700
$288,700
2018
$3,934 (+4.4%)
$73,400 + $195,700
$269,100
2017
$3,767 (+7.8%)
$73,400 + $195,700
$269,100
2016
$3,496 (+4.2%)
$69,200 + $187,300
$256,500
2015
$3,355 (−16.1%)
$69,200 + $187,300
$256,500
2014
$3,999 (+4.0%)
$96,900 + $221,000
$317,900
2013
$3,844 (+9.0%)
$98,900 + $223,300
$322,200
2012
$3,528 (+7.3%)
$98,000 + $223,300
$321,300
2011
$3,287 (−11.6%)
$98,000 + $223,300
$321,300
2010
$3,719 (+9.5%)
$105,300 + $306,100
$411,400
2009
$3,396
$108,100 + $313,300
$421,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
16
Baths
7
Stories
3
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
6,634
Year built
1928
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
2829825
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 25, 2025.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 18
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 22
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 89
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 20,376
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Lead Paint: None
Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down
Lot Information
Lot Size (Acres): 0.37
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $12,442
Tax Year: 2015
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Route 24 south to Eastern Ave to Pleasent to Quequechan
UnparsedAddress: 55-75 Reuben, Fall River MA 02723
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
Public facts
Beds: 16
Baths: 7.0
Sq. Ft.: 6,634
Stories: 3.0
Lot Size: 3,920 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1928
Year Renovated: —
County: Bristol County
APN: 2829825
Home facts updated by county records on Jul 25, 2025
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Samuel Watson Elementary School
Public K-5 • Assigned • 0.6mi
5/10
Talbot Innovation School
Public 6-8 • Assigned • 0.7mi
4/10
B M C Durfee High School
Public 9-12 • Assigned • 1.8mi
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 97° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
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
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
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.