556 High Street, Fall River MA 02720
Fall River, MA 02720
$899,900
Est. $5,203/month
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About this home
Own a remarkable piece of Fall River history with the iconic Benjamin Wardwell House, located in the prestigious Highlands Local Historic District. Built in 1845, this impressive Greek Revival boarding house offers a rare investment opportunity with 14 rental units featuring a variety of layouts, providing flexible pricing strategies and outstanding value-add potential. Rich in character and architectural significance, this historic property combines timeless appeal with income-producing possibilities. Fall River offers convenient access to major highways, waterfront attractions, shopping, dining, parks, and the South Coast Rail connection, making this a truly exceptional opportunity for investors and preservation enthusiasts alike. Photos may be digitally enhanced.
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Property History
Market Insights
Property Timeline
Status: Active under contract
Jun 27, 2026
Active → Active Under Contract
Pending Sale
Jun 26, 2026
Offer accepted, sale pending
Listed for Sale
Jun 25, 2026
$899,900
Original listing
Agent: Melissa Casey
Office: Lamacchia Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/26/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/25/2026 | 🏠 Listed for Sale | $899,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,428 | $513,400 |
Financial Details
Annual Property Tax
$5,428
Tax Year 2026
Assessed Value
$513,400
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - Rooming House
Year Built
1845
Living Area
4,248 sq ft
Lot Size
0.13 acres
Full Baths
6
Total Rooms
17
Investment Metrics
Units
14
Unit 1 Rent
$700/mo · N
Unit 2 Rent
$763/mo · N
Total Monthly Rent
$1,463/mo
Gross Income
$152,760
Net Operating Income
$105,265
Operating Expenses
$47,495
Cap Rate
11.70%
Interior
Heating
Forced Air, Oil, Natural Gas
Cooling
None
Flooring
Carpet, Laminate, Hardwood
Appliances
Range, Microwave, Refrigerator
Fireplace
None
Basement
Full, Interior Entry, Concrete, Unfinished
Laundry
None
Features
Storage, Studio, Internet Available - Unknown, Kitchen
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
Sprinkler System
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Enclosed
Parking
Features
None
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$5,428
Assessed Value
$513,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Current Tenants Are (taw) With No Leases In Effect. All Measurements Are Approximate. Unit 5 And Bathroom Are Roughed In. Appliances In Unit 2, 3, 8 And 10 Are Owned By The Tenants. Furnishings In Unit 2, 3, 7, 8, 10, 14a Are Owned By The Tenants.
Exclusions
Appliances In Unit 2,3,8 And 10 Are Owned By The Tenants. Furnishings In Unit 2, 3, 7, 8, 10, 14a Ar
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
16 days
Property Overview
Property Type
5+ Family - Rooming House
Listing Type
Sale Pending
Year Built
1845
Full Bathrooms
6
Living Area
4,248 sq ft
Total Rooms
17
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,248 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Enclosed
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:
Carpet, Laminate, Hardwood
Appliances:
Range, Microwave, Refrigerator
Interior Features:
Storage, Studio, Internet Available - Unknown, Kitchen
Windows:
Basement:
Full, Interior Entry, Concrete, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1845
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air, Oil, Natural Gas
Heating Zones:
1
Cooling:
Hot Water:
Oil
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Sprinkler System
Patio & Porch:
Porch, Enclosed
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Parking Features:
Special Features
View:
Yes
View Type:
City
Community Amenities:
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
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
Elementary Schools
10 schools
Antioch School
< 0.1 mi
Grades PK-08
Holy Name School
0.6 mi
Grades PK-08
C-
John J Doran School
1.0 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
St. Michael School
1.0 mi
Grades PK-08
East Gate Christian Academy
1.7 mi
Grades PK-12
Espirito Santo School
1.7 mi
Grades PK-08
Holy Trinity School
2.3 mi
Grades PK-08
D
Henry Lord Community School
2.7 mi
|
#321 of 352
|
Score: 29.1
Improved 12 spots from last year
-29.1 below state avg
817 students
Diverse
Diverse Student Body
Grades PK-08
C
Atlantis Charter School
2.7 mi
|
#246 of 346
|
Score: 46.8
Improved 25 spots from last year
-11.4 below state avg
1,246 students
Diverse
Rising School
College Ready Curriculum
Grades K-12
D
Stone PK-12 School
2.9 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
Middle Schools
3 schools
C-
Morton Middle School
0.6 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
1.7 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
D
Matthew J Kuss Middle School
1.9 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
High Schools
6 schools
Fall River Deaconess Home School
< 0.1 mi
Grades 06-12
F
Resiliency Preparatory Academy
0.2 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
171 students
Very Diverse
Diverse Student Body
Grades 07-12
C+
Argosy Collegiate Charter School
1.5 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
C+
B.M.C. Durfee High School
1.3 mi
|
#225 of 346
|
Score: 49.2
Improved 98 spots from last year
-9 below state avg
2,642 students
Diverse
18 sports
• 1,452 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
C+
Diman Regional Vocational Technical High School
1.5 mi
|
#242 of 346
|
Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students
Moderate
13 sports
• 1,408 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
Bishop Connolly High School
1.6 mi
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
556 High Street, Fall River MA 02720
Fall River, MA 02720
Listing Information
Listing Agent
Melissa Casey
Listing Office
Lamacchia Realty, Inc.
Office Phone
401-437-2030
Agent MLS ID
CN238470
Office MLS ID
AN9121
Listing Data Updated
Jul 11, 2026 3:05 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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