$1,200,000
344-354 E Main Street
Fall River, MA, 02724
Check out this solid income-producing 10-unit mixed-use building in Fall River with strong cash flow and serious upside potential. The property includes seven 3-bedroom residential units, all fully occupied. Five of the units have been recently updated, making them attractive to tenants and positioning the property well for future rent growth. Three-bedroom apartments are always in demand, helping maintain stable occupancy. On the first floor, public record shows three commercial units. One is currently leased and operating as a business, while the remaining two commercial units have been combined and are presently used for owner storage, presenting a prime opportunity for repositioning. The property is currently generating approximately $100,000 in annual NOI, with room to conservatively increase rents by an additional $45,000 per year. If you’re looking for a strong, cash-flowing asset with upside in a growing market, this one checks the boxes.
Property Details
Price:
$1,200,000
MLS #:
73477536
Status:
Pending
Beds:
21
Baths:
8
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Feb 16, 2026
Finished Sq Ft:
11,457
Total Sq Ft:
11,457
Lot Size:
5,632 sqft / 0.13 acres (approx)
Year Built:
1909
Units:
10
Schools
Interior
Above Grade Finished Area
11457
Appliances
Washer, Dryer
Bathrooms
7 Full Bathrooms, 2 Half Bathrooms
Flooring
Vinyl, Varies, Laminate, Hardwood
Interior Features
Laundry Room
Levels
4
Exterior
Community Features
Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Sidewalks
Construction Materials
Frame, Brick
Green Energy Efficient
Varies per Unit
Lot Features
Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
3
Parking Total
3
Roof
Rubber
Stories
4
View
City View(s)
Financial
Tax Year
2026
Taxes
$10,479
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Fall River as of May 04, 2026
125
Multi Family Listed
167
Avg DOM
200
Avg $ / SqFt
$811,502
Avg List Price
Community
- Address344-354 E Main Street Fall River MA
- CityFall River
- CountyBristol
- Zip Code02724
Subdivisions in Fall River
Similar Listings Nearby
Property Summary
- 344-354 E Main Street Fall River MA is a Multi Family for sale in Fall River, MA, 02724. It is listed for $1,200,000 To schedule a showing of MLS#73477536 at 344-354 E Main Street in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Century 21 Limitless. 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.
344-354 E Main Street
Fall River, MA