534 William St, Fall River MA 02721

Fall River, MA 02721
$731,000
9
Beds
4
Baths
3,583
Sq Ft
$204
Price/Sq Ft
0.08
Acres
1902
Year Built
2
Parking
15
Days on Market
Sold Listed Jun 11, 2024 • MLS# 73244671 Copied! • Updated Aug 8, 2024

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Sale Statistics

Sale Overview
Original List Price: $689,900
Final Sale Price: $731,000
Difference: +$41,100 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $193
Sale $/sq ft: $204
This property sold for $204 per square foot
Sale Summary

This property sold for 6.0% above the original asking price, indicating strong buyer demand.

With only 15 days on market, this was a quick sale compared to typical market conditions.

About this home

Welcome to this exceptional 4-family property located in the vibrant community of Fall River. Boasting some newly updated plumbing and electrical, this property offers modern conveniences and peace of mind for both homeowners and investors alike. Each unit has been meticulously maintained and provides a comfortable living space, ensuring tenant satisfaction and longevity. Paired with Spacious units with ample natural light- Dedicated 2-car driveway for convenient parking- Strong rental history with great cash flow potential- Ideal for both new homebuyers and seasoned investors. Situated in a prime location, this property offers easy access to local amenities, schools, highways and public transportation. With its combination of modern updates and solid investment potential, this 4-family home is a rare find in the Fall River market. Don’t miss the opportunity to own a property that delivers both immediate returns and long-term value.

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Recently Sold Nearby

Property History

Market Insights

99.8%
Price Range
21
Total Days on Market

Property Timeline

Current Active Listing - MLS #73572388
Full transaction history available when tracking began
🏡
Currently Listed
Sep 6, 2026
$1,250
MLS #73572388 - Active
Sold
Aug 7, 2024
$731,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Jun 11, 2024
$689,900
Original listing
Office: Re/Max Impact

Tax History

Year Taxes Assessment
2024 $6,206 $540,100

Financial Details

Annual Property Tax
$6,206
Tax Year 2024
Assessed Value
$540,100

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1902
Living Area 3,583 sq ft
Lot Size 0.08 acres
Bedrooms 9
Full Baths 4
Total Rooms 21

Investment Metrics

Units 4
Unit 1 Rent $900/mo · Y
Unit 2 Rent $1,150/mo · Y
Unit 3 Rent $1,800/mo · Y
Unit 4 Rent $1,800/mo · Y
Total Monthly Rent $5,650/mo
Gross Income $72,000
Net Operating Income $72,000
Cap Rate 10.44%
Heating Baseboard
Cooling None
Flooring Hardwood, Wood
Appliances Range, Refrigerator
Fireplace None
Basement Interior Entry, Unfinished
Laundry None
Features Living Room, Kitchen
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, On Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,206
Assessed Value $540,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
Sold
Year Built
1902
Bedrooms
9
Full Bathrooms
4
Living Area
3,583 sq ft
Total Rooms
21
Stories
7
Levels
7

Floor Layout

Interior Features

Flooring: Hardwood, Wood
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1902
Structure Type:
Exterior Materials:
Roof:
Foundation: Granite
Stories: 7

Heating, Cooling & Utilities

Heating: Baseboard
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, On Street
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
E

Elementary Schools

10 schools
C-
John J Doran School
0.2 mi | #297 of 352 | Score: 32.0
Improved 30 spots from last year
-26.3 below state avg
524 students Diverse
Rising School Diverse Student Body
Grades PK-08
East Gate Christian Academy
0.8 mi
Grades PK-12
Antioch School
1.0 mi
Grades PK-08
Holy Trinity School
1.5 mi
Grades PK-08
Holy Name School
1.6 mi
Grades PK-08
Espirito Santo School
1.7 mi
Grades PK-08
D
Henry Lord Community School
1.8 mi | #324 of 352 | Score: 29.4
Improved 9 spots from last year
-28.8 below state avg
846 students Very Diverse
Diverse Student Body
Grades PK-08
D
Stone PK-12 School
1.9 mi | #370 of 346 | Score: 35.9
Same rank as last year
75 students Diverse
Diverse Student Body
Grades K-12
St. Michael School
2.0 mi
Grades PK-08
C+
Atlantis Charter School
2.1 mi | #242 of 346 | Score: 47.6
Improved 29 spots from last year
-10.6 below state avg
1,234 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
1.0 mi | #334 of 352 | Score: 27.0
Improved 1 spots from last year
-31.2 below state avg
676 students Very Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
1.5 mi | #294 of 352 | Score: 32.2
Improved 44 spots from last year
-26 below state avg
672 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
1.9 mi | #309 of 352 | Score: 30.9
Dropped 25 spots from last year
-27.3 below state avg
595 students Very Diverse
Diverse Student Body
Grades 06-08
H

High Schools

6 schools
C
Argosy Collegiate Charter School
0.6 mi | #264 of 346 | Score: 46.1
Dropped 9 spots from last year
-12.1 below state avg
604 students Diverse
7 sports • 126 athletes
Early College Program College Ready Curriculum Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
0.8 mi | #393 of 346 | Score: 16.3
Same rank as last year
151 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.0 mi
Grades 06-12
C
Diman Regional Vocational Technical High School
2.0 mi | #249 of 346 | Score: 47.2
Dropped 88 spots from last year
-11 below state avg
1,479 students Moderate
13 sports • 1,408 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Attendance
Grades 09-12
C+
B.M.C. Durfee High School
2.2 mi | #215 of 346 | Score: 50.8
Improved 108 spots from last year
-7.4 below state avg
2,676 students Very Diverse
18 sports • 1,452 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
Bishop Connolly High School
2.5 mi
Grades 09-12
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Location

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Neighborhood

534 William St, Fall River MA 02721

Fall River, MA 02721

Listing Information

Listing Office RE/MAX Impact
Office Phone 508-717-3070
Agent MLS ID CN244342
Office MLS ID AN7664
Listing Data Updated Aug 8, 2024 12:10 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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Steve Novak Real Estate
Steve Novak Real Estate
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