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523 Second Street, Fall River MA 02721

Fall River, MA 02721
$465,000
Est. $3,045/month
6
Beds
3
Baths
3,240
Sq Ft
$144
Price/Sq Ft
0.10
Acres
1900
Year Built
1
Garage Space
12
Days on Market
Pending Listed Mar 19, 2026 • MLS# 73488933 Copied! • Updated Jul 2, 2026

About this home

DIAMOND IN THE ROUGH - This 3-family property presents an opportunity for investors, contractors, or buyers looking to build equity through renovation. Offers over 3,200 sq ft of living area, separate utilities, off-street parking and newer roof. Lots of possibilities here. Conveniently located close to schools, shopping, commuter rail, and major highways. While the property does require work and is being sold "As Is" it offers the perfect chance to bring your vision and transform it into a high-performing asset. Due to its condition, it may not qualify for all types of financing, making it best suited for cash buyers or those utilizing renovation loans. Don’t miss the chance to unlock the full potential of this multi-family investment.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Mar 26, 2026
Active → Active Under Contract
Pending Sale
Mar 25, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Mar 19, 2026
$465,000
Original listing
Office: Berkshire Hathaway HomeServices Evolution Properties

Tax History

Year Taxes Assessment
2026 $5,924 $516,000

Financial Details

Annual Property Tax
$5,924
Tax Year 2026
Assessed Value
$516,000

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,240 sq ft
Lot Size 0.10 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $800/mo · N
Unit 2 Rent — · N
Unit 3 Rent $800/mo · N
Total Monthly Rent $1,600/mo
Gross Income $19,200
Net Operating Income $19,200
Cap Rate 4.13%
Heating Baseboard, Natural Gas, Space Heater
Cooling None
Flooring Vinyl, Carpet, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Bulkhead, Unfinished
Laundry None
Features Living Room, Dining Room, Kitchen, Office/den
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Covered
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 5
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,924
Assessed Value $516,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Property Being Sold As Is.buyer(s) And Buyers Agents To Do Their Own Due Diligence And Verify All Data. Information Deemed Reliable, But Not Guaranteed.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 13 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
3,240 sq ft
Total Rooms
15
Stories
3
Levels
3

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: Vinyl, Carpet, Hardwood
Appliances: Range, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen, Office/Den
Windows:
Basement: Full, Bulkhead, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Stone, Other
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Space Heater
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch, Covered
Fencing:
Other Structures:
Lot Features: Gentle Sloping
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved

Nearby Schools

School information not available for this location.

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 $494
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.

Location

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Neighborhood

523 Second Street, Fall River MA 02721

Fall River, MA 02721

Listing Information

Listing Agent The Roberta K Team
Listing Office Berkshire Hathaway HomeServices Evolution Properties
Office Phone 508-384-3435
Agent MLS ID TM314032
Office MLS ID AN5657
Listing Data Updated Jul 2, 2026 1:07 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

Steven Novak

BMN Boston Real Estate

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