185 Covel St, Fall River MA 02723 - Preview 1 185 Covel St, Fall River MA 02723 - Preview 2 185 Covel St, Fall River MA 02723 - Preview 3
185 Covel St, Fall River MA 02723 - Preview 1 185 Covel St, Fall River MA 02723 - Preview 2 185 Covel St, Fall River MA 02723 - Preview 3

185 Covel St, Fall River MA 02723

Fall River, MA 02723
$675,000
Est. $4,097/month
6
Beds
3
Baths
2,685
Sq Ft
$251
Price/Sq Ft
0.11
Acres
1900
Year Built
3 Family
Type
11 hours 7 minutes
Time on Market
For Sale Listed Sep 7, 2026 • MLS# 73572594 Copied! • Updated Sep 7, 2026

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About this home

Great opportunity to own a three family home in Fall River's East End. Each unit offers 5 rooms, including two bedrooms providing a comfortable layout. This multifamily property presents an excellent opportunity for investors or owner occupants looking to generate rental income while building equity. Conveniently located near shopping, dining, schools, public transportation, and major highway access. Whether you are expanding your investment portfolio or looking for a multifamily to be a home! This east end property is worth a look. Schedule your showing today!

BMN Estimate

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 7, 2026
$675,000
Original listing
Agent: Henry Alfonso Office: Alfonso Realty Co.

Tax History

Year Taxes Assessment
2026 $5,810 $506,100

Financial Details

Annual Property Tax
$5,810
Tax Year 2026
Assessed Value
$506,100

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,685 sq ft
Lot Size 0.11 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent $1,500/mo · N
Total Monthly Rent $1,500/mo
Gross Income $18,000
Net Operating Income $18,000
Cap Rate 2.67%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,810
Assessed Value $506,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
2,685 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Parking Features:
School District
Fall River School District local
C-
⚠ School Safety 2024-25
8.4% Above Average
8.4% Suspensions 2.1% In-School
↑ 2.9% above state avg
E

Elementary Schools

3 schools
C+
Mary Fonseca Elementary School
0.4 mi | #576 of 825 | Score: 41.8
Improved 224 spots from last year
-16.4 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades PK-05
South Coast Autism Center
0.4 mi
Grades PK-01
Espirito Santo School
0.5 mi
Grades PK-08
M

Middle Schools

3 schools
C-
Talbot Innovation School
0.6 mi | #309 of 352 | Score: 30.9
Dropped 25 spots from last year
-27.3 below state avg
595 students Very Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
1.6 mi | #294 of 352 | Score: 32.2
Improved 44 spots from last year
-26 below state avg
672 students Diverse
Rising School Diverse Student Body
Grades 06-08
D
Matthew J Kuss Middle School
2.3 mi | #334 of 352 | Score: 27.0
Improved 1 spots from last year
-31.2 below state avg
676 students Very Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C
Diman Regional Vocational Technical High School
0.7 mi | #249 of 346 | Score: 47.2
Dropped 88 spots from last year
-11 below state avg
1,479 students Moderate
13 sports • 1,408 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Attendance
Grades 09-12
F
Resiliency Preparatory Academy
1.1 mi | #393 of 346 | Score: 16.3
Same rank as last year
151 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.2 mi
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $484
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

185 Covel St, Fall River MA 02723

Fall River, MA 02723

Listing Information

Listing Agent Henry Alfonso
Listing Office Alfonso Realty Co.
Office Phone 508-207-0152
Agent MLS ID NB110825
Office MLS ID NB1656
Listing Data Updated Sep 7, 2026 1:29 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

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BMN Boston Real Estate
BMN Boston Powered by SERHANT
(617) 955-2224 contact@bmnboston.com
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