575 North Main Street, Fall River MA 02720

Fall River, MA 02720
$2,700,000
Est. $15,787/month
26
Beds
18
Baths
15,854
Sq Ft
$170
Price/Sq Ft
0.38
Acres
1965
Year Built
25
Parking
18
Days on Market
Pending Listed Apr 12, 2026 • MLS# 73500232 Copied! • Updated May 1, 2026

About this home

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 575 North Main Street in Fall River, MA. The four-story building containseighteen (18) total units comprised of eight (8) 2-Bedroom/1-Bathroomunits, four (4) 1-Bedroom/1-Bathroom units, and six (6) Studio units with15,854 square feet of gross living area in 16,416 square feet of gross area.The Property is situated upon a 0.37-acre parcel and offers twenty (25) off street parking spaces. 575 North Main Street is well-positioned along North Main Street near downtown Fall River, offering strong visibility and convenient access to surrounding residential neighborhoods. The property provides quick connections to Route 79, Route 24, and I-195, ensuring efficient regional access to Providence, Greater Boston, and the South Coast, as well as CapeCod. Nearby retail, dining, waterfront attractions, and community amenities further enhance livability.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

Pending Sale
May 1, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 12, 2026
$2,700,000
Original listing
Agent: Spencer Smith Office: Horvath & Tremblay

Tax History

Year Taxes Assessment
2025 $23,211 $1,975,000

Financial Details

Annual Property Tax
$23,211
Tax Year 2025
Assessed Value
$1,975,000

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1965
Living Area 15,854 sq ft
Lot Size 0.38 acres
Bedrooms 26
Full Baths 18
Total Rooms 38

Investment Metrics

Units 18
Unit 1 Rent $1,398/mo · N
Unit 2 Rent $1,463/mo · N
Unit 3 Rent $1,750/mo · N
Unit 4 Rent $1,695/mo
Total Monthly Rent $6,306/mo
Gross Income $310,017
Net Operating Income $215,940
Operating Expenses $94,077
Water/Sewer Expense $10,589
Electric Expense $1,010
Insurance Expense $15,766
Cap Rate 8.00%
Heating Natural Gas
Cooling Wall Unit(s), Individual
Flooring None
Appliances Oven, Dishwasher, Microwave, Refrigerator, Wine Refrigerator
Fireplace None
Basement None
Laundry None
Features Lead Certification Available, Laundry Room, Mudroom, Pantry, Bathroom With Tub, Storage, Living Room, Dining Room, Kitchen, Family Room
Construction Brick
Architecture None
Roof Wood
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 25
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $23,211
Assessed Value $1,975,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Red
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 34 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1965
Bedrooms
26
Full Bathrooms
18
Living Area
15,854 sq ft
Total Rooms
38
Stories
5
Levels
5

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: Oven, Dishwasher, Microwave, Refrigerator, Wine Refrigerator
Interior Features: Lead Certification Available, Laundry Room, Mudroom, Pantry, Bathroom With Tub, Storage, Living Room, Dining Room, Kitchen, Family Room
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1965
Structure Type:
Exterior Materials: Brick
Roof: Wood
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: Wall Unit(s), Individual
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 25
Parking Features: Paved Drive, Off Street

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 $1,934
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

575 North Main Street, Fall River MA 02720

Fall River, MA 02720

Listing Information

Listing Agent Spencer Smith
Listing Office Horvath & Tremblay
Office Phone 781-776-4000
Agent MLS ID CN247171
Office MLS ID AN2723
Listing Data Updated May 1, 2026 3:56 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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BMN Boston Real Estate

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