407-409 Belmont St, Fall River MA 02720
Fall River, MA 02720
$575,000
Est. $3,633/month
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About this home
AMAZING INVESTMENT OPPORTUNITY! Don't miss this beautifully maintained two-family property, perfect for investors or owner occupants looking to offset their mortgage with rental income. Each spacious unit features beautiful hardwood floors, oversized double parlors, and high ceilings, offering both charm and functionality. Additional highlights include separate utilities, a full basement, and a two-car garage for added convenience. Located just one block from the desirable Highlands in a sought-after neighborhood, this rare opportunity combines location, value, and income potential. Schedule your private showing today, properties like this don't last long. Open house on 08/15/2026 - 08/16/2026
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Property History
Property Timeline
Listed for Sale
Aug 5, 2026
$575,000
Original listing
Agent: Jose Tineo
Office: Keller Williams Realty North Central
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/05/2026 | 🏠 Listed for Sale | $575,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,302 | $550,400 |
Financial Details
Annual Property Tax
$6,302
Tax Year 2025
Assessed Value
$550,400
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
2,968 sq ft
Lot Size
0.17 acres
Bedrooms
6
Full Baths
2
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$1,300/mo · N
Total Monthly Rent
$1,300/mo
Gross Income
$15,600
Net Operating Income
$15,600
Cap Rate
2.71%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck - Wood, Covered
Parking
Garage Spaces
2
Has Garage
Yes
Features
None
Total Spaces
2
Utilities
Electric
60 Amps/less
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$6,302
Assessed Value
$550,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Buyer And Buyers Agent To Perform Due Diligence. Sale Is Subject To The Seller Finding Suitable Housing. First Showing Will Be At The Open House 08/1/2026
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
2
Living Area
2,968 sq ft
Total Rooms
14
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,968 sq ft above grade
2,968 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck - Wood, Covered
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:
Wood, Tile
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
2
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Deck - Wood, Covered
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
2
Parking Features:
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
Holy Name School
0.4 mi
Grades PK-08
Antioch School
0.4 mi
Grades PK-08
St. Michael School
0.6 mi
Grades PK-08
C-
John J Doran School
1.4 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
Espirito Santo School
1.9 mi
Grades PK-08
East Gate Christian Academy
2.1 mi
Grades PK-12
Holy Trinity School
2.7 mi
Grades PK-08
C
Atlantis Charter School
3.1 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
Henry Lord Community School
3.1 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
D
Stone PK-12 School
3.3 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
0.2 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
1.8 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
2.3 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
0.4 mi
Grades 06-12
F
Resiliency Preparatory Academy
0.7 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
2.0 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
1.0 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
Bishop Connolly High School
1.3 mi
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
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$525
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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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
407-409 Belmont St, Fall River MA 02720
Fall River, MA 02720
Listing Information
Listing Agent
Jose Tineo
Listing Office
Keller Williams Realty North Central
Office Phone
978-840-9000
Agent MLS ID
CN253399
Office MLS ID
K95580
Listing Data Updated
Aug 11, 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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