862 Locust Street, Fall River, MA 02720
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$599,999
3 Unit
6 Beds
3 Baths
2519 SQFT
0.09 Acre

Property Description

Welcome to 862 Locust Street, your first potential investment property! This three unit multi-family property includes all two bed one bath units that offer comfortable and functional living space. Situated next to amenities such as parks, schools and highway access to ensure convenience. This home is an ideal opportunity for first-time investors or those seeking to transition from renter to investor, living in one unit while renting out the others. All units have separate utilities. Current rents are below the market. This property has potential for added value and income with some updates. Your future as a successful investor starts here!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Basement Features: Concrete Floor
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 46800
  • Net Operating Income: 46800

Utilities

  • Electric Info: Common, Individually Metered, Other (See Remarks)
  • 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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Brick
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73444932
  • Last Updated: 11/14/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/21/2025Active$599,999$238MLSPIN
10/17/2025New$599,999$238MLSPIN

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Seller's Representative: Nicole Rusin, Lamacchia Realty, 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 2025-11-14 13:52:00

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