366 Alden St, Fall River, MA 02723
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$465,000
2 Unit
6 Beds
2 Baths
2222 SQFT
0.04 Acre

Property Description

**PRICE IMPROVEMENT**A Solid two-unit Multi property with excellent upside for investors or owner-occupants. Spacious 3 bedroom units with strong layouts and value-add potential. Conveniently located near the Fall River MBTA Commuter Rail station, major highways, shopping, and local amenities, making this an ideal opportunity for rental income, long-term appreciation, or portfolio expansion. A smart buy in a growing market with commuter demand. Updated owner unit ready for owner occupy or maximize your income potential. 2nd floor is Tenant at Will. Solar has been added to provide savings for the owner. Transfer credits to units in this home or an investor can apply the credits accrued to their primary residence! Parking for one car, low maintenance exterior, private yard. Great opportunity for an on-the-go lifestyle, easy to maintain. Great starter home for new investors to get their feet wet! 1st Floor delivered vacant. Subject to finding suitable housing , property identified.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station
  • Basement Features: Full, Walk Out
  • Common Interior Features: Tile Floor
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 40800
  • Net Operating Income: 40800

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, Individually Metered
  • Energy Features: Insulated Windows
  • Utility Connections: Washer Hookup, for Gas Dryer, for Gas Range
  • 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

Construction

  • Year Built: 1925
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73477311
  • Last Updated: 03/02/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/02/2026Price Change$465,000$209MLSPIN
02/18/2026Active$480,000$216MLSPIN
02/14/2026New$480,000$216MLSPIN

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Seller's Representative: Lauren Tansey Lima, LPT Realty - Home & Key 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 2026-03-02 12:04:00

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