$799,000

305 Fourth St Fall River, MA 02721

$9,488
Closing credit¹
8 beds
6 full
4,325 sqft
0.1 acres
$185 / sqft
Multi-Family

Property details

About 305 Fourth St

Incredible Investment Opportunity: Best Priced 6-Family in Fall River! Don’t miss out on this fantastic opportunity to own the best-priced 6-family property in Fall River! Located just minutes from the newly opened train station, this property offers excellent earning potential in a rapidly growing area. Currently generating just under $90,000 per year in rental income, with rents well below market value, there’s significant opportunity to increase cash flow. The 6 well-maintained units are ideal for future rent increases, maximizing your return on investment. Additionally, the property includes a 2,332 SQFT parking lot with space for up to 8 cars, offering even more income potential. With its prime location near commuter rail access and impressive upside potential, this property is an ideal investment for anyone looking for long-term growth. Don’t miss out—schedule a showing today! Buy as a package deal with MLS# 73350103

Highlights

Home typeMulti Family
StatusActive
Size4,325 sqft
BasementYes
Lot size0.11 Acres
Year built1900
MLS #73350104

Summary

  • MLS Number: 73350104
  • MLS Name: MLS Property Information Network
  • Office Name: NextGen Realty, Inc.
  • Office Phone: (617) 208-2100
  • Listing Agent: Zachary Conley

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/6/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$799,000

305 Fourth St

$9,488

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

James Tansey

Public District KG-5

1.1 mi

711 Ray St

6

Spencer Borden

Public District PK-5

1.1 mi

1400 President Ave

2

Mary Fonseca Elementary School

Public District PK-5

1.4 mi

160 N Wall St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,308. The most common annual income of people living in Fall River, MA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

34%
<35k
60%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • QdobaQdoba
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • DodgeDodge
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Fall River, MA

About 305 Fourth St

This home is located at 305 Fourth St in Fall River, MA and zip code 02720. This 4,325 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $799,000.

In March 2025 more than 19 listings in Fall River, MA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 8 were sold below. Between February and March 2025, Fall River, MA real estate market has seen decrease in the number of listings by 2.6%. In March 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $482,142.

From Rocket Homes Real Estate and based on county public records data.

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