48 Ridge Street, Fall River MA 02721

Fall River, MA 02721
$980,000
Est. $5,966/month
14
Beds
5
Baths
5,647
Sq Ft
$174
Price/Sq Ft
0.13
Acres
1900
Year Built
108
Days on Market
Active Listed Aug 19, 2025 • MLS# 73419720 Copied!

About this home

Opportunity for increased revenue for this rare investment opportunity! Two homes on one lot—one 3-family and one 2-family—both with beautiful Bay views. The 3-family offers spacious 3-bed, 1-bath units featuring hardwood floors, carpeting, and plenty of natural light. The 2-family includes a comfortable 3-bed, 1-bath apartment and a 2 -bed, 1 bath apartment, both with a similar mix of hardwood and carpeted flooring. All units are in move-in condition, making this property ideal for owner-occupants or investors seeking immediate rental income. Conveniently located with easy highway access, this property combines strong rental potential with scenic surroundings.

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
14
Full Bathrooms
5
Living Area
5,647 sq ft
Total Rooms
23
Stories
13
Levels
13

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1900
Living Area 5,647 sq ft
Lot Size 0.13 acres
Bedrooms 14
Full Baths 5
Total Rooms 23

Interior

Heating Natural Gas, Space Heater, Hot Water
Cooling Window Unit(s)
Flooring Wood, Vinyl, Carpet, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry None
Features Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Professional Landscaping
Pool None
Spa None
Fencing Fenced
Patio/Porch None

Parking

Features Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax $9,731
Assessed Value $849,900

Interior Features

Flooring: Wood, Vinyl, Carpet, Hardwood
Appliances: Range, Refrigerator
Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
Windows:
Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 13

Heating, Cooling & Utilities

Heating: Natural Gas, Space Heater, Hot Water
Heating Zones: 5
Cooling: Window Unit(s)
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Special Features

View: Yes
View Type: Scenic View(s), City
Community Amenities: Public Transportation, Shopping, Public School

Location

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Neighborhood

48 Ridge Street, Fall River MA 02721

Fall River, MA 02721

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $811
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Property History

Property Timeline

🏠
Listed for Sale
Aug 19, 2025
$980,000
Original listing
Office: HomeSmart Professionals Real Estate

Price & Status History

Date Event Price Change
Aug 19, 2025 New Listing Added $980,000

Market Statistics

Days on Market
108 days
Price per Sq Ft
$174

Tax History

Year Taxes Assessment
2025 $9,731 $849,900

Financial Details

Annual Property Tax
$9,731
Tax Year 2025
Assessed Value
$849,900

Listing Information

Listing Agent Mark Barter
Listing Office HomeSmart Professionals Real Estate
Agent MLS ID CN247233
Office MLS ID AN1257
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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