575 North Main Street, Fall River MA 02720
Fall River, MA 02720
$2,700,000
Est. $15,787/month
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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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/01/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 04/12/2026 | 🏠 Listed for Sale | $2,700,000 | - | - | Original listing |
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%
Interior
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
Exterior
Construction
Brick
Architecture
None
Roof
Wood
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street
Total Spaces
25
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$23,211
Assessed Value
$1,975,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
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
Sale Pending
Year Built
1965
Bedrooms
26
Full Bathrooms
18
Living Area
15,854 sq ft
Total Rooms
38
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
15,854 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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 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
Elementary Schools
10 schools
Antioch School
0.2 mi
Grades PK-08
Holy Name School
0.8 mi
Grades PK-08
C-
John J Doran School
0.9 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
St. Michael School
1.0 mi
Grades PK-08
East Gate Christian Academy
1.6 mi
Grades PK-12
Espirito Santo School
1.8 mi
Grades PK-08
Holy Trinity School
2.3 mi
Grades PK-08
D
Henry Lord Community School
2.7 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
2.8 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
2.8 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
Middle Schools
3 schools
C-
Morton Middle School
0.5 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
D
Matthew J Kuss Middle School
1.8 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
C-
Talbot Innovation School
1.9 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
High Schools
6 schools
Fall River Deaconess Home School
0.2 mi
Grades 06-12
F
Resiliency Preparatory Academy
0.3 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
1.5 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
1.5 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
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
Bishop Connolly High School
1.7 mi
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
$200
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Year 1
95% Interest
Year 15
50/50
Year 30
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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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