692 Penn St, Fall River MA 02724

Fall River, MA 02724
$550,000
Est. $3,481/month
Estimate assumptions

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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8
Beds
3
Baths
4,358
Sq Ft
$126
Price/Sq Ft
0.12
Acres
1900
Year Built
3
Parking
New today
Time on Market
For Sale Listed Oct 14, 2026 • MLS# 73590780 Copied! • Updated Oct 14, 2026

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About this home

Spacious 3-family located close to the Tiverton line, offering 8 bedrooms, 3 baths, and generous living space. This property features off street parking, a fenced in backyard, and plenty of storage in the basement, providing added convenience for both owners and tenants. Cosmetic updates are a plus, and additional improvements within the units will help maximize rental income, making this an excellent opportunity for investors or owner-occupants. Conveniently located near shopping, dining, schools, public transportation, and major commuter routes. A strong multi-family investment with long term value. Property will be delivered vacant.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 14, 2026
$550,000
Original listing
Agent: Christina Almeida Office: Keller Williams South Watuppa

Tax History

Year Taxes Assessment
2026 $6,001 $522,700

Financial Details

Annual Property Tax
$6,001
Tax Year 2026
Assessed Value
$522,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 4,358 sq ft
Lot Size 0.12 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Gross Income $9,600
Net Operating Income $9,600
Cap Rate 1.75%
Heating Baseboard
Cooling Window Unit(s)
Flooring Vinyl, Hardwood
Appliances Range
Fireplace None
Basement Full, Walk-out Access
Laundry Washer Hookup
Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 3
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $6,001
Assessed Value $522,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Sellers Have Never Occupied The Property. Buyers And Buyers Agents To Verify All Information.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
4,358 sq ft
Total Rooms
18
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Vinyl, Hardwood
Appliances: Range
Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Walk-Out Access
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating: Baseboard
Heating Zones: 3
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street
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
Carlton M. Viveiros Elementary School
0.3 mi | #648 of 825 | Score: 38.3
Improved 127 spots from last year
-19.9 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades K-05
D
Stone PK-12 School
0.5 mi | #370 of 346 | Score: 35.9
Same rank as last year
75 students Diverse
Diverse Student Body
Grades K-12
FRPS Early Learning Center
0.5 mi
48 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
0.7 mi | #334 of 352 | Score: 27.0
Improved 1 spots from last year
-31.2 below state avg
676 students Very Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
2.8 mi | #294 of 352 | Score: 32.2
Improved 44 spots from last year
-26 below state avg
672 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
2.9 mi | #309 of 352 | Score: 30.9
Dropped 25 spots from last year
-27.3 below state avg
595 students Very Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C
Argosy Collegiate Charter School
1.0 mi | #264 of 346 | Score: 46.1
Dropped 9 spots from last year
-12.1 below state avg
604 students Diverse
7 sports • 126 athletes
Early College Program College Ready Curriculum Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
2.1 mi | #393 of 346 | Score: 16.3
Same rank as last year
151 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
2.4 mi
Grades 06-12
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Monthly Payment Calculator

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Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $500
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

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Current Rate
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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.

Location

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Neighborhood

692 Penn St, Fall River MA 02724

Fall River, MA 02724

Listing Information

Listing Agent Christina Almeida
Listing Office Keller Williams South Watuppa
Office Phone 508-677-3233
Agent MLS ID CN229135
Office MLS ID AN3817
Listing Data Updated Oct 14, 2026 3:54 PM 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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