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381 Pine St, Fall River MA 02720

Fall River, MA 02720
$975,000
Est. $5,189/month
7
Beds
6
Baths
4,877
Sq Ft
$200
Price/Sq Ft
0.15
Acres
1900
Year Built
5-9 Family
Type
142
Days on Market
Active Listed Sep 26, 2025 • MLS# 73370926

About this home

Fantastic 6-Unit Investment Opportunity Near New MBTA Station & Historic District. With updated market rents this property could be producing $102,600 annually! Don’t miss your chance to own this well-maintained and thoughtfully cared-for 6-unit multifamily property, ideally located just minutes from the new MBTA station, the Historic District, and Battleship Cove. With strong cash flow potential and long-term upside, this property is a perfect fit for both investors and owner-occupants alike. Enjoy ample off-street parking behind the building, and a spacious basement offering additional storage and the potential for added income through coin-operated laundry. This is a rare opportunity in a rapidly developing area — act fast!

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
6
Living Area
4,877 sq ft
Total Rooms
24
Stories
5
Levels
5

Interior Features

Flooring
Tile, Vinyl, Hardwood
Heating
Electric, Other, Hot Water, Natural Gas, Baseboard
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Ceiling Fan(s), Storage, Studio, Bathroom With Tub & Shower, Remodeled, Walk-In Closet(s), Other, Kitchen, Living Room
Basement Details
Full, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle, Rubber
Foundation
Stone
Exterior Features
Balcony/Deck
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,665 sq ft
Lot Size Area
0.1500
Lot Features
Cleared, Sloped
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Laundromat, Highway Access, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,034
Tax Year
2025
Tax Assessed Value
$527,000
Parcel Number
M:0N08 B:0000 L:0070,3425201
Zoning
N/A
Financial Data Source
Estimated, Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
6th Unit on 3rd floor - 1bed, 1 bath, walk in closets, $900 rent. Studio has electric kicker for heat, 3rd floor has direct vent gas heat, all other units have gas furnaces for heat. Current rents are below market, long term tenants in place, all are TAW. Studio and unit 4 will be delivered vacant.
Exclusions
Sellers And Tenants Personal Property.
Listing Terms
Contract

Location

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Neighborhood

381 Pine 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 $503
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
May 7, 2025
$975,000
Original listing
Office: Cameron Prestige, LLC

Price & Status History

Date Event Price Change
May 7, 2025 New Listing Added $975,000 —

Market Statistics

Days on Market
142 days
Price per Sq Ft
$200

Tax History

Year Taxes Assessment
2025 $6,034 $527,000

Financial Details

Annual Property Tax
$6,034
Tax Year 2025
Assessed Value
$527,000

Listing Information

Listing Agent IB-Realty Group
Listing Office Cameron Prestige, LLC
Agent MLS ID TM359786
Office MLS ID AN4281

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