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40 Park St, Fall River MA 02721

Fall River, MA 02721
$700,000
Est. $4,218/month
9
Beds
3
Baths
3,366
Sq Ft
$208
Price/Sq Ft
0.07
Acres
1900
Year Built
1
Days on Market
Active Listed May 7, 2026 • MLS# 73515032 Copied!

About this home

Well-maintained 3-family home located near Kennedy Park with convenient access to local amenities. This property offers strong income potential with steady rental occupancy and active leases in place, making it an excellent opportunity for investors seeking long-term value. Great location for commuters and those looking to expand their investment portfolio in a growing area of Fall River.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
3,366 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,366 sq ft
Lot Size 0.07 acres
Bedrooms 9
Full Baths 3
Total Rooms 15

Interior

Heating None
Cooling None
Flooring Wood, Laminate
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Enclosed

Parking

Features Paved Drive, Off Street

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,738
Assessed Value $533,400

Interior Features

Flooring: Wood, Laminate
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar, Other
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features: Paved Drive, Off Street

Location

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Neighborhood

40 Park St, Fall River MA 02721

Fall River, MA 02721

Walkability

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Nearby Schools

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-
John J Doran School
0.4 mi | #301 of 352 | Score: 31.3
Improved 26 spots from last year
-26.9 below state avg
525 students Diverse
Rising School Diverse Student Body
Grades PK-08
East Gate Christian Academy
0.7 mi
Grades PK-12
C
William S Greene School
0.8 mi | #609 of 824 | Score: 40.5
Improved 173 spots from last year
-17.8 below state avg
733 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
0.9 mi | #336 of 352 | Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
1.7 mi | #299 of 352 | Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
1.9 mi | #309 of 352 | Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Argosy Collegiate Charter School
0.4 mi | #244 of 346 | Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students Diverse
7 sports • 126 athletes
Early College Program College Ready Curriculum Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
1.0 mi | #393 of 346 | Score: 16.3
Same rank as last year
171 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.2 mi
Grades 06-12
Learn about these ratings

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 $478
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.

Property History

Property Timeline

🏠
Listed for Sale
May 7, 2026
$700,000
Original listing
Office: Amaral & Associates RE

Price & Status History

Date Event Price Change
May 7, 2026 New Listing Added $700,000

Market Statistics

Days on Market
1 days
Price per Sq Ft
$208

Tax History

Year Taxes Assessment
2025 $5,738 $533,400

Financial Details

Annual Property Tax
$5,738
Tax Year 2025
Assessed Value
$533,400

Listing Information

Listing Agent Gilnerys Santana
Listing Office Amaral & Associates RE
Agent MLS ID CN253311
Office MLS ID FR0160
Listing Data Updated May 8, 2026 3:30 AM 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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40 Park St, Fall River MA 02721 - Photo 1
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