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40 Lincoln Ave, Fall River MA 02720

Fall River, MA 02720
$599,999
Est. $3,629/month
7
Beds
3
Baths
3,600
Sq Ft
$167
Price/Sq Ft
0.07
Acres
1900
Year Built
20 hours 13 minutes
Time on Market
Active Open House Listed Jul 20, 2026 • MLS# 73552215 Copied! • Updated Jul 20, 2026

Open House Schedule

25
Jul
Saturday, July 25
10:30 AM - 12:00 PM EDT

About this home

Welcome to this spacious and well maintained two family home located in one of Fall River's most desirable neighborhoods. Offering exceptional versatility for both owner occupants and investors, this unique property features two townhouse style units, each spanning two levels. The first unit offers 4 generous bedrooms and will be delivered vacant, making it the perfect opportunity for an owner occupant or to lease at current market rents.The second unit is equally impressive, offering a spacious unit with 3 generously sized bedrooms, abundant natural light, and plenty of living space, making it ideal for owner occupants, extended family, or strong rental income potential. Throughout the home you'll find beautiful hardwood floors, adding timeless charm & character, along with all new windows for improved energy efficiency and low maintenance. Conveniently located near shopping, restaurants, schools, and the T Station, this is a rare opportunity you won't want to miss!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 20, 2026
$599,999
Original listing
Agent: Christopher Mongeon Office: Peak Real Estate

Tax History

Year Taxes Assessment
2025 $4,739 $413,900

Financial Details

Annual Property Tax
$4,739
Tax Year 2025
Assessed Value
$413,900

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 3,600 sq ft
Lot Size 0.07 acres
Bedrooms 7
Full Baths 3
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $2,300/mo · N
Total Monthly Rent $2,300/mo
Gross Income $27,600
Net Operating Income $27,600
Cap Rate 4.60%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 1
Basement Finished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,739
Assessed Value $413,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,600 sq ft
Total Rooms
14
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Finished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:
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

10 schools
Antioch School
0.2 mi
Grades PK-08
Holy Name School
0.6 mi
Grades PK-08
St. Michael School
0.8 mi
Grades PK-08
C-
John J Doran School
1.1 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
East Gate Christian Academy
1.8 mi
Grades PK-12
Espirito Santo School
2.0 mi
Grades PK-08
Holy Trinity School
2.6 mi
Grades PK-08
D
Henry Lord Community School
2.9 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
3.0 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
3.1 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
M

Middle Schools

3 schools
C-
Morton Middle School
0.3 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
2.0 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
2.0 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
H

High Schools

6 schools
Fall River Deaconess Home School
0.3 mi
Grades 06-12
F
Resiliency Preparatory Academy
0.5 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
1.8 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
Bishop Connolly High School
1.6 mi
Grades 09-12
C+
Diman Regional Vocational Technical High School
1.7 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 $0
Property Tax $395
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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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

40 Lincoln Ave, Fall River MA 02720

Fall River, MA 02720

Listing Information

Listing Agent Christopher Mongeon
Listing Office Peak Real Estate
Office Phone 774-704-6877
Agent MLS ID CN234576
Office MLS ID AN7923
Listing Data Updated Jul 20, 2026 12:34 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

BMN Boston Real Estate

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