199 Franklin St, Fall River, MA 02720

Beds
9
Baths
3
Sqft
3,115

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Overview

Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River's rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Number of bedrooms
9
Number of bathrooms
3
Square feet
3,115
Lot size (acres)
0.11
Year built
1900

Interior features

Basement
Yes, Finished

Utilities

Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,929

Public schools

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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73539673 Last checked:

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