62 Morton St, Fall River MA 02720
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20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
8-UNIT CASH COW WITH STRONG INCOME & UPSIDE POTENTIAL! Excellent investment opportunity in Fall River featuring 8 well-maintained residential units with a proven rental history, stable income, and long-term tenants! The building consists of five 2-bedroom apartments, two 3-bedroom apartments, and one 1-bedroom apartment, offering a desirable unit mix totaling 17 bedrooms. All units have separately metered electric and individual heating systems, with tenants responsible for their own utilities. Off-street parking accommodates approximately 6–8 vehicles. New Roof approx. 2019. Currently generating $146,940 in annual gross rental income with approximately $116,572 in net income! Many tenants have not received rent increases since 2024 presenting an opportunity for future income growth. Most units are occupied by tenants at will providing additional flexibility for the next owner. 62 Morton st is a well-maintained, income-producing asset with established tenancy and excellent investment potential! Group showings begin this weekend. Call to schedule!
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Listed for Sale
Oct 27, 2026Previous Transaction - MLS #73193486
Previously Sold
Apr 25, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/27/2026 | 🏠 Listed for Sale | $1,379,000 | - | - | Original listing |
| 04/25/2024 | 🏷️ Previously Sold | $1,200,000 | - | - | MLS #73193486 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $12,175 | $1,060,500 |
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62 Morton St, Fall River MA 02720
Fall River, MA 02720
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