318 Broadway, Fall River, MA 02721
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$745,000
3 Unit
8 Beds
3 Baths
3119 SQFT
0.07 Acre

Property Description

Seller offers $20,000 credit for rate buy-down, closing costs, pre-paids, repairs, or anything you choose! Prime 3-family investment at 318 Broadway, Fall River, MA! Priced at $745,000, this 3,119 sqft gem, built in 1900, offers 8 beds, hardwood floors, spacious living/dining rooms, pantry kitchens, separate utilities, separate gas heating, and basement storage. Next to Kennedy Park, close to MBTA and the new waterfront development in fast-growing Fall River, it features 1-2 off-street parking spaces and a low-maintenance yard. 1st & 2nd floor 3-bed units are vacant, each fetching ~$2,000/mo rent. 3rd floor has a reliable tenant in a 2-3 bed unit (lease to Mar 2026) at ~$1,700/mo, totaling up to $5,700/mo potential income. With a $755,000 Zestimate, no HOA, and flexible options to owner-occupy or select tenants, this turnkey property is a cash flow dream. Easy to show—schedule today!

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Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Full, Unfinished Basement
  • Common Heating: Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 14400
  • Net Operating Income: 14400

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Utility Connections: for Gas Oven
  • 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: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73404077
  • Last Updated: 08/22/25

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Seller's Representative: Elizabeth Cintron, Fortified Realty Group
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 2025-08-22 03:05:00

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