55 Tremont St, Fall River, MA 02720
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$549,900
2 Unit
5 Beds
3 Baths
1652 SQFT
0.06 Acre

Property Description

Welcome to 55 Tremont St! This updated two-family home is less than 2 miles from the brand new MBTA commuter rail and Fall River waterfront attractions. Ideal for both owner-occupied buyers and investors. Current rents totaling $3,762. Enjoy peace of mind with lead certificates and separate utilities for both units. There are many updates throughout, including bathrooms, kitchens, flooring, appliances, and more. Unit #1 is a spacious 1st floor one bedroom. Unit #2 is a two-level townhouse style featuring 4 bedrooms and 1.5 baths. Gas baseboard heating, no space heaters! Updated electric panels and plumbing. The exterior features a recent roof, maintenance free vinyl siding, replacement windows, covered porches, and a fenced side yard to enjoy the outdoors. Additionally, there is parking for 2-3 cars. The Fall River T Station is operating offering easy access for commuting to Boston! Here's your chance to own a move-in ready investment located close to city businesses and highways!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Unfinished Basement, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Lead Certification Available, Upgraded Countertops
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 45144
  • Net Operating Income: 45144

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wall to Wall Carpet
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73352682
  • Last Updated: 04/08/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/05/2025Active$549,900$333MLSPIN

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Seller's Representative: Matthew Daylor, Keller Williams South Watuppa
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-08 09:56:00