72 Tower St, Fall River MA 02724
Fall River, MA 02724
$749,900
Est. $4,472/month
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About this home
Exceptional investment opportunity! This extremely well-maintained 4-family property offers strong income potential. Each unit is turn-key and provides comfortable living space, while the detached garage with an expansive workshop is perfect for contractors, hobbyists, storage, or additional rental possibilities. Ample off-street parking, separate living areas, and a versatile layout make this an ideal addition to any investment portfolio or a great owner-occupied opportunity. Step outside to a spacious, private fully fenced in backyard that's perfect for entertaining, or creating your own outdoor oasis. The home has been owner occupied for the last 25 years. That pride of ownership is evident throughout, with quality maintenance, spacious rooms and flexible spaces that appeal to a wide range of tenants. Conveniently located near shopping, restaurants, schools, public transportation, and major highways, this property combines excellent cash-flow potential with long-term appreciation.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 19, 2026
$749,900
Original listing
Agent: Brian Balestracci
Office: Milestone Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/19/2026 | 🏠 Listed for Sale | $749,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,766 | $503,600 |
Financial Details
Annual Property Tax
$5,766
Tax Year 2025
Assessed Value
$503,600
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
4 Family - 4 Units Up/Down
Year Built
1900
Living Area
3,050 sq ft
Lot Size
0.13 acres
Bedrooms
7
Full Baths
4
Total Rooms
19
Investment Metrics
Units
4
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Unit 4 Rent
$1,250/mo · Y
Total Monthly Rent
$1,250/mo
Gross Income
$15,000
Net Operating Income
$15,000
Cap Rate
2.00%
Interior
Heating
None
Cooling
None
Flooring
Tile, Carpet, Laminate, Hardwood
Appliances
None
Fireplace
None
Basement
Full, Interior Entry, Dirt Floor, Unfinished
Laundry
Gas Dryer Hookup, Electric Dryer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Deck - Wood
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Paved
Total Spaces
8
Utilities
Electric
Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Gas Dryer, For Electric Dryer
Financial
Annual Tax
$5,766
Assessed Value
$503,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Tenants Personal Belongings Have Been Removed From The Photos. One Coin Op Washer Does Not Work. 3 Units Will Be Delivered Vacant
Exclusions
Stackable Washer/Dryer And Fridge In One Apartment. Lift In Garage
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Tan
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
13 days
Property Overview
Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
4
Living Area
3,050 sq ft
Total Rooms
19
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,050 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck - Wood
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:
Tile, Carpet, Laminate, Hardwood
Appliances:
Interior Features:
Windows:
Screens
Basement:
Full, Interior Entry, Dirt Floor, Unfinished
Laundry:
Gas Dryer Hookup, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone, Brick/Mortar, Granite
Stories:
6
Heating, Cooling & Utilities
Heating:
Heating Zones:
4
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Deck - Wood
Fencing:
Fenced
Other Structures:
Lot Features:
Cleared, Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
8
Parking Features:
Paved Drive, Paved
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
D
Henry Lord Community School
0.6 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
Holy Trinity School
0.6 mi
Grades PK-08
D
Stone PK-12 School
1.0 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
East Gate Christian Academy
1.1 mi
Grades PK-12
C-
John J Doran School
1.3 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
C
Atlantis Charter School
1.4 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
Espirito Santo School
1.8 mi
Grades PK-08
Antioch School
2.2 mi
Grades PK-08
Holy Name School
2.6 mi
Grades PK-08
St. Michael School
3.1 mi
Grades PK-08
Middle Schools
3 schools
D
Matthew J Kuss Middle School
1.1 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
2.3 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
C-
Morton Middle School
2.6 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
High Schools
6 schools
C+
Argosy Collegiate Charter School
0.6 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
F
Resiliency Preparatory Academy
1.9 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
171 students
Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
2.1 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
2.5 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
C+
B.M.C. Durfee High School
3.1 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
3.3 mi
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$481
Homeowners Insurance
$200
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
72 Tower St, Fall River MA 02724
Fall River, MA 02724
Listing Information
Listing Agent
Brian Balestracci
Listing Office
Milestone Realty, Inc.
Office Phone
508-989-6371
Agent MLS ID
CN226751
Office MLS ID
AN7845
Listing Data Updated
Aug 1, 2026 7:36 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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