315 Washington St, Fall River MA 02721
Fall River, MA 02721 • Globe Village
$689,000
Est. $4,075/month
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Open House Schedule
15
Aug
Saturday, August 15
12:00 PM - 1:00 PM EDT
About this home
This multi-family is an opportunity you won’t want to overlook! This property offers a rare combination of major updates, parking, a detached 2-car garage, and an unbeatable location. If you are looking to live in the property--The first-floor unit will be delivered vacant, giving the new owner the flexibility to move right in while generating rental income from the other two units. The first floor has a private entrance, 3 bedrooms, gorgeous hardwood flooring, modern bathroom and the kitchen has been fully updated with white shaker cabinets, granite countertops, and stainless-steel appliances. The second floor has 3 bedrooms as well, new flooring, and similar modern updates to the kitchen and bathroom as the first floor. The 3rd floor has one bedroom and has an excellent long-term tenant, providing immediate rental income. Additional improvements include replacement windows, new roof, and vinyl siding. You will have additional piece of mind knowing that the major systems have also been addressed. The property features 3 brand-new Weil-McLain boilers, recently updated electrical panels for the first, second, and owner's panel, and updated exterior meters! The second and third-floor water heaters are newer as well. Convenience is built in, with new washer and dryer hookups for all three units in the basement, providing dedicated laundry access for each tenant. Parking is a major bonus! The owner's unit has 2 off-street parking spaces with direct access to the new deck and front door, plus a detached 2-car garage—a standout feature and valuable asset for both owner-occupants and investors. There's also private yard space, perfect for outdoor gatherings and entertaining. And then there's the location. You'll be just moments from the vibrant Fall River waterfront, with easy access to Bicentennial Park, The Cove Restaurant, Battleship Cove, the waterfront boardwalk with amazing views, tennis courts, boat ramp, the new commuter rail, and much more! Traveling to Boston has just gotten easier! Whether you're looking to live in one unit and have rental income help offset your mortgage, house extended family, or add a strong property to your investment portfolio, this three-family checks the boxes buyers are looking for!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 10, 2026
$689,000
Original listing
Agent: The Perry Team
Office: HomeSmart First Class Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/10/2026 | 🏠 Listed for Sale | $689,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,691 | $409,700 |
Financial Details
Annual Property Tax
$4,691
Tax Year 2025
Assessed Value
$409,700
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
2,257 sq ft
Lot Size
0.08 acres
Bedrooms
7
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
$2,100/mo · N
Unit 3 Rent
$1,200/mo
Total Monthly Rent
$3,300/mo
Gross Income
$39,600
Net Operating Income
$39,600
Cap Rate
5.75%
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s), None
Flooring
Tile, Laminate, Hardwood
Appliances
Range, Refrigerator, Range Hood
Fireplace
None
Basement
Full, Walk-out Access, Dirt Floor, Concrete
Laundry
None
Features
Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Remodeled, Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
2
Has Garage
Yes
Features
Off Street, Paved
Total Spaces
6
Utilities
Electric
Common, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$4,691
Assessed Value
$409,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Video/audio Recording On Property. Tenants Personal Belongings On Floor 2 Have Been Removed In Photos. Floor Plans For Informational Purposes Only. Subject To Sellers Finding Suitable Housing. See Attached Video For More Details!
Exclusions
3rd Floor Tenant Owns Their Washer, Dryer And Refrigerator. Exterior Cameras Negotiable
Additional Details
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
7
Full Bathrooms
3
Living Area
2,257 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,257 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Laminate, Hardwood
Appliances:
Range, Refrigerator, Range Hood
Interior Features:
Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Remodeled, Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Walk-Out Access, Dirt Floor, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
3
Cooling:
Window Unit(s), None
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
6
Parking Features:
Off Street, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$391
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
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
Globe Village
315 Washington St, Fall River MA 02721
Fall River, MA 02721
Listing Information
Listing Agent
The Perry Team
Listing Office
HomeSmart First Class Realty
Office Phone
508-297-7270
Agent MLS ID
TM360883
Office MLS ID
AN5549
Listing Data Updated
Aug 10, 2026 1:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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