513-515 Whipple Street, Fall River, MA 02724
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$950,000
5 Unit
11 Beds
5 Baths
5839 SQFT
0.16 Acre

Property Description

CASH COW WITH OPPORTUNITY TO INCREASE MONTHLY RENTS!! OWNER-OCCUPY / INVESTOR OPPORTUNITY!!!..The POSSIBILITIES ARE ENDLESS WITH THIS OVERSIZED 5-FAMILY BUILDING offering a LARGE, TOWNHOUSE-STYLE 3 BEDROOM UNIT spanning over 2 levels perfectly nestled in the back of the building offering space, comfort and privacy with its own private entrance. Ideal for owner-occupied residency with the feel of a single-family while collecting four rental units in the front part of the building to offset the mortgage. Rent all five units at market rents and turn this property into a money-making machine! Property offers: 2-OVERSIZED 3 bedroom units currently used as 4 bedrooms, townhouse 3-bed, 1-1 bedroom unit currently used as a 2 bedroom unit and 1 smaller 1 bedroom unit. All heating systems in the basement (NO SPACE HEATERS), newer water heaters, coin-op laundry to transfer with sale and plenty of off-street parking. With the NEW COMMUTER RAIL TO BOSTON being OFFICIALLY OPERATIONAL adds more value

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 11
  • Total Full Baths: 5
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 90600
  • Net Operating Income: 90600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73497805
  • Last Updated: 04/12/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/12/2026Active$950,000$163MLSPIN
04/08/2026New$950,000$163MLSPIN
05/23/2025Sold$825,000$141MLSPIN
04/15/2025Under Agreement$795,000$136MLSPIN
04/07/2025Active$795,000$136MLSPIN
04/03/2025New$795,000$136MLSPIN

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Seller's Representative: Jose Ferreira, Morello Real Estate
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 2026-04-12 09:03:00