801 N Main St, Fall River, MA 02720

Beds
12
Baths
9
Sqft
8,766
Garage
Yes

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Listed byBond Brokerage
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Overview

799 809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall River's most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collections, the asset offers immediate upside through lease-up and rent alignment. Recent Navien high-efficiency boiler systems reduce future capital expenditure and improve operational efficiency, making this a true plug-and-play investment with stable cash flow and defined upside.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
12
Number of bathrooms
9
Square feet
8,766
Lot size (acres)
0.16
Year built
1882

Interior features

Basement
Yes, Finished

Exterior features

Water view
Yes
Waterfront
River Front
Horse amenities
Stable

Garage and parking

Garage parking spaces
1

Utilities

Heating
Natural Gas, Central
Cooling
Central Air

Taxes

Tax Annual Amount (2026)
$6,904

Public schools

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Sourced from: StateWide MLS MLS®#: 1410407 Last checked:

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