$9,084 Closing Credit¹
#73355429, Molly Armando, Listing Office: Real Broker MA, LLC
$799,000 List price
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
StatusAccepting Backup Offers
(Contingent)
(Contingent)
Size4,325 sqft
BasementYes
Lot size0.11 Acres
Year built1900
MLS #73350104
Summary
- Full Bathrooms: 6
- Basement: Yes
- Flooring Type: Wood
- Total Bedroom Count: 8
- Exterior: Rain Gutters, Other
- List Price: $799,000
- Price/SqFt: $184
- Lot: Corner Lot, Other
- Directions: GPS
- Year Built: 1900
- Stories: 9
- Living Area: 4,325 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 73350104
- MLS Name: MLS Property Information Network
- Office Name: NextGen Realty, Inc.
- Office Phone: (617) 208-2100
- Listing Agent: Zachary Conley
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: 4/28/2025, 7:20:49 PM 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.
Neighborhood
The neighbors living near this home have an average income of $49,308. Typical income of Fall River, MA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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 Boxing
Continuing Education Courses
Soccer
Where do the neighbors shop?
Burlington
Express/Express For Men
Forever 21
Where do the neighbors go to eat?
Popeyes
Qdoba
Dominos Pizza
What do the neighbors drive?
Dodge
Volkswagen
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Fall River, MA
Transportation options in Fall River facilitate both private and public transit needs. The city's bus service provides residents with connections to key areas within the city and neighboring communities, with varying schedules throughout the day. While ride-share services are available, the city also supports walkability in its more densely populated areas, with efforts to improve pedestrian infrastructure. Major highways, such as Interstate 195, offer convenient access for commuters and travelers, connecting Fall River to the broader region.
Residents of Fall River have access to a variety of essential services. The educational landscape includes numerous public schools at the elementary, middle, and high school levels, as well as private institutions that offer alternative educational opportunities. Healthcare is supported by local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. The city also features a public library system that serves as a resource for learning and community engagement. Retail and dining options are plentiful, reflecting the city's diverse cultural influences, with an emphasis on local cuisine and businesses.
Fall River prides itself on its rich history and cultural heritage, with the Battleship Cove maritime museum and the annual Great Holy Ghost Festival highlighting the community's vibrant character. The city is celebrated for its waterfront attractions and the Lizzie Borden House, which adds a unique aspect to the local lore. Residents enjoy a sense of community bolstered by these shared cultural touchstones and events.
The housing landscape in Fall River is characterized by a mix of architectural styles, with a significant number of properties reflecting Victorian and colonial influences. Single-family homes are prevalent, but there is also a substantial presence of multi-family units and apartment complexes that cater to a range of preferences and needs. The market is diverse, with a blend of historic homes and more contemporary constructions, reflecting the city's long-standing residential development.
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.
Fall River, MA housing market in March 2025 saw over 19 listings sold above listed price, more than 7 sold at listed price and over 8 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.