302-316 Hope Street Fall River, MA
$1,825,000
Beds 24
Baths 9
Square Feet 9,402
Acres 0.32
Description
Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization.Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units, making this an especially compelling
Listed by Choose Boston, LLC, Adam Jaspon
Details
MLS 73470285
Status Active
Price $1,825,000
DOM 88 days
Type Multi-Family
Beds 24
Baths 9 full baths
Square Feet 9,402 sqft
Lot Size 0.32 acres
Year Built 1900
Lot & Building Features
Sewer Public Sewer
Tax Year 2025
Taxes Paid $14,898
Water Public
Foundation Stone
Roof Shingle
Full Baths 9
Parking Paved Drive, Off Street
Total Rooms 45
Garage Spaces 0
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

