399 Bank St, Fall River, MA 02720
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$1,399,900
9 Unit
20 Beds
9 Baths
7531 SQFT
0.13 Acre

Property Description

Prime location, turnkey condition, and 20 bedrooms of rental upside, this 9-unit property in Fall River is a rare investment opportunity you don’t want to miss. Featuring two well-maintained buildings, a 4-family and a 5-family on one lot sitting just 1.5 miles from the South Coast Rail station. Located in the downtown historic district with easy access to parks, dining, shopping, and Routes I-195 & 24. The 4-family includes (2) massive 4-bedroom units and (2) 1-bedroom units; the 5-family offers (5) spacious 2-bedrooms, including one townhouse-style apartment with about 7,531 total sqft. Extensively renovated about 12 years ago including roofs, windows, siding, plumbing, electrical, interiors, heating, and fire system. All units are lead compliant with certs. Separate utilities. Most units feature newer tankless heating systems. A low-maintenance, high-upside asset ready for its next owner. Reach out to schedule a showing today!

Property Details tap to expand

Building Information

  • Total Units: 9
  • Total Floors: 10
  • Total Bedrooms: 20
  • Total Full Baths: 9
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Interior Access, Walk Out
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73383675
  • Last Updated: 06/06/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/06/2025Active$1,399,900$186MLSPIN
06/02/2025New$1,399,900$186MLSPIN

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Seller's Representative: Zachary Midwood, Divine Real Estate, Inc.
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 2025-06-06 03:05:00