351-353 Madison St, Fall River MA 02720
Fall River, MA 02720
$950,000
Est. $5,056/month
About this home
Situated in the sought-after historic Highland area, this six-unit multifamily presents a rare chance to secure a value add asset with strong upside. Featuring long-term tenants and classic details, this property offers immediate income with potential for increased returns through strategic updates. Prime location near hospitals, shopping, dining, and major routes, including the South Coast Rail line. Whether you're expanding your portfolio or entering the market, this property offers long-term equity growth and stable cash flow.
Facts & Features
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1924
Bedrooms
9
Full Bathrooms
6
Living Area
3,987 sq ft
Total Rooms
23
Stories
5
Levels
5
Interior Features
Has Fireplace
No
Basement Details
Full, Unfinished
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Granite
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
3,202 sq ft
Lot Size Area
0.0700
Lot Features
Corner Lot
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street, Paved
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Medical Facility, Highway Access
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,612
Tax Year
2025
Tax Assessed Value
$577,500
Parcel Number
M:0M02 B:0000 L:0013,2831680
Zoning
B
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Location
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Neighborhood
351-353 Madison St, Fall River MA 02720
Fall River, MA 02720
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$551
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
Property Timeline
Pending Sale
Sep 3, 2025
Offer accepted, sale pending
Listed for Sale
Aug 4, 2025
$950,000
Original listing
Agent: Kam Goldstone
Office: RE/MAX Vantage
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/03/2025 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 08/04/2025 | 🏠 Listed for Sale | $950,000 | - | - | Original listing |