Welcome to 862 Locust Street, your first potential investment property! This three unit multi-family property includes all two bed one bath units that offer comfortable and functional living space. Situated next to amenities such as parks, schools and highway access to ensure convenience. This home is an ideal opportunity for first-time investors or those seeking to transition from renter to investor, living in one unit while renting out the others. All units have separate utilities. Current rents are below the market. This property has potential for added value and income with some updates. This three-family property is currently undergoing a full exterior facelift. The building is being freshly repainted, with all exterior woodwork, soffits, and trim updated. The entire exterior will be completely renewed and finished prior to closing, offering the new owner a beautifully refreshed, move in ready building.
Multi-familyProperty Type
1900Year Built
4,072 sq ftLot Size
$252Est. Price/Sq.Ft.
Listed by Nicole Rusin• Lamacchia Realty, Inc.
Bought with Laurie Cabral• Keller Williams South Watuppa
3 family home located in the Highlands area and close to all amenities. Property consists of a 2-1-2 bedrooms units; roof and windows were completed in 2005. All appliances will pass with sale. 2nd floor is currently vacant, other units are rented under a tenant at will. Property being sold in AS-IS condition. Priced to sell!
MLS PIN #70200722
Jun 28, 2005
Sold
$235,000
$93/sq ft
Jun 3, 2005
Listing Removed
—
Jun 1, 2005
Listed
$239,900
$95/sq ft
Priced to sell !! Lots of potential , needs tlc. Close to hospital and park.
MLS PIN #30585381
Aug 16, 2002
Sold
$155,500
$62/sq ft
May 7, 2002
Listing Removed
—
Mar 6, 2002
Listed
$149,900
$60/sq ft
Public Records
Feb 8, 1989
Sold
$122,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,059 (+12.9%)
$101,300 + $229,500
$330,800
2022
$3,595 (+5.5%)
$92,000 + $192,900
$284,900
2021
$3,409 (+7.8%)
$85,200 + $161,300
$246,500
2020
$3,163 (+15.8%)
$81,500 + $137,400
$218,900
2019
$2,731 (+10.1%)
$77,600 + $109,700
$187,300
2018
$2,481 (+3.5%)
$76,200 + $93,500
$169,700
2017
$2,397 (+2.1%)
$77,700 + $93,500
$171,200
2016
$2,347 (+6.1%)
$81,000 + $91,200
$172,200
2015
$2,213 (−3.3%)
$78,000 + $91,200
$169,200
2014
$2,288 (+3.6%)
$82,100 + $99,800
$181,900
2013
$2,208 (+6.5%)
$83,700 + $101,400
$185,100
2012
$2,074 (+7.3%)
$84,800 + $104,100
$188,900
2011
$1,932 (−1.8%)
$84,800 + $104,100
$188,900
2010
$1,968 (+16.8%)
$96,500 + $121,200
$217,700
2009
$1,685
$107,600 + $101,400
$209,000
Tax history for 862 Locust St
Year
Property tax
Land + Additions
Assessment*
2023
$4,059 (+12.9%)
$101,300 + $229,500
$330,800
2022
$3,595 (+5.5%)
$92,000 + $192,900
$284,900
2021
$3,409 (+7.8%)
$85,200 + $161,300
$246,500
2020
$3,163 (+15.8%)
$81,500 + $137,400
$218,900
2019
$2,731 (+10.1%)
$77,600 + $109,700
$187,300
2018
$2,481 (+3.5%)
$76,200 + $93,500
$169,700
2017
$2,397 (+2.1%)
$77,700 + $93,500
$171,200
2016
$2,347 (+6.1%)
$81,000 + $91,200
$172,200
2015
$2,213 (−3.3%)
$78,000 + $91,200
$169,200
2014
$2,288 (+3.6%)
$82,100 + $99,800
$181,900
2013
$2,208 (+6.5%)
$83,700 + $101,400
$185,100
2012
$2,074 (+7.3%)
$84,800 + $104,100
$188,900
2011
$1,932 (−1.8%)
$84,800 + $104,100
$188,900
2010
$1,968 (+16.8%)
$96,500 + $121,200
$217,700
2009
$1,685
$107,600 + $101,400
$209,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,072
Year renovated
2026
Sq. Ft.
2,519
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Bristol County
APN
2832361
Parking Spaces
0
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
Views
Last updated by owner on May 14, 2026.
Property details
Parking
Parking Information
Open Parking Spaces: 0
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Concrete
Interior Features
# of Rooms (Total): 15
Flooring: Wood, Tile
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): 2,519
Foundation Details: Brick/Mortar
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Exterior Features: Stone Wall
Property Information
PropertySubType: 3 Family - 3 Units Up/Down
Above Grade Finished Area: 2519
Below Grade Finished Area: 988
Levels: 3
Lot Information
Lot Size (Acres): 0.09
ViewYN: Has View
View: City View(s)
Financial
Tax Information
Tax Annual Amount: $4,785
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Common, Individually Metered
Location
Location Information
Directions: Kindly, use GPS
UnparsedAddress: 862 Locust Street, Fall River MA 02720
Community Information
Senior CommunityYN: No
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,519
Stories: 3.0
Parking Spaces: 0
Basement: No
Accessible: No
Lot Size: 4,072 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 2026
County: Bristol County
APN: 2832361
HOA Dues: —
Garage: No
Features: Views
Home facts updated by owner on May 14, 2026
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Mary Fonseca Elementary School
Public PreK-5 • Assigned • 0.3mi
5/10
Morton Middle School
Public 6-8 • Assigned • 0.9mi
3/10
B M C Durfee High School
Public 9-12 • Assigned • 1.0mi
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
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
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Fall River, MA • 02720
Average low and high temperatures (°F)
35
22
36
22
49
33
58
41
67
51
78
61
82
67
78
60
74
57
64
48
53
38
40
26
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
$603,000 – $730,000
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