3063 North Main Street new Save Request In-Person Tour Request Virtual Tour
Fall River,MA 02720
Key Details
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $228
MLS Listing ID 73420713
Bedrooms 6
Full Baths 3
Year Built 1860
Annual Tax Amount $4,619
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type 2 Family - 2 Units Up/Down
Property Description
Legal 2-unit with existing, above grade studio ADU on a half-acre lot with water views and a new roof. Three gas/electric meters, three heating zones, tenants in Unit 2 pay own electric. Property has been fully renovated, both units feature in-unit laundry. Connected to city sewer, water, and gas. Solar panels leased (no lien/loan)—transfer preferred, but seller willing to negotiate payoff in the price. Proforma cap rate 8.8% with P+L available; solar contract available upon request. Leases for Unit 2 and ADU expire October 2025. Seller prefers to rent back unit 1 from buyer post-closing at market price, or negotiate in purchase price. Parking for as many cars as needed. Located in “S” zone, offering potential for an additional ADU or possible subdivision (buyer to perform due diligence). Minutes to Fall River T, I-195, and Rt. 24; 30 minutes to Providence, 45 minutes to Boston, 3 hours to New York.
Location
State MA
County Bristol
Zoning S
Interior
Heating Baseboard
Cooling None
Flooring Vinyl
Laundry Washer Hookup
Exterior
Exterior Feature Garden
Community Features Public Transportation,Golf,Medical Facility,Highway Access,House of Worship,Private School,Public School,T-Station
Utilities Available Washer Hookup
Waterfront Description Waterfront,River
View Y/N Yes
View Scenic View(s)
Roof Type Asphalt/Composition Shingles
Building
Lot Description Gentle Sloping
Story 3
Foundation Stone
Sewer Public Sewer
Water Public