131 Foster St, Fall River, MA 02721
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$469,000
2 Unit
4 Beds
3 Baths
1692 SQFT
0.07 Acre

Property Description

Opportunity awaits with this versatile, clean, well maintained 2-family home in Fall River, offering a great setup for an owner-occupant looking to offset expenses with rental income, an investor, or those seeking multi-generational living. The first-floor unit offers a cozy 1-bedroom layout featuring a fully remodeled eat-in kitchen and bathroom, in-unit laundry, updated electrical, and the comfort of central heat and air conditioning. The spacious second unit spans two levels. The main level features an open living room with a wood stove, half bath, kitchen, and dining room with sliders leading to the deck. A ductless mini-split was added to this level in 2022 for additional heating and cooling comfort. Upstairs, you'll find three bedrooms and a full bathroom, providing plenty of room to spread out. Unit 2 also has access to laundry in the basement. With two distinct living spaces and flexible options for how you use them, this property offers an excellent opportunity to make homeownership work for you! Convenient access to public transportation, Routes 24 and I-195, plus the Fall River MBTA Commuter Rail offering direct service to Boston.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Fireplaces: 1
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Ceiling Fans, Internet Available - Broadband, Pantry, Security System, Slider, Tile Floor
  • Common Appliances: Disposal, Freezer, Microwave, Range, Refrigerator, Washer & Dryer Hookup, Washer / Dryer Combo, Washer Hookup
  • Common Heating: Central Heat, Ductless Mini-Split System, Electric, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater, Wood Stove
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 8400
  • Net Operating Income: 8400

Utilities

  • Heat Zones: 8
  • Cooling Zones: 3
  • Electric Info: 100 Amps, 200 Amps, Circuit Breakers, Other (See Remarks), Underground, Varies per Unit
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors
  • Utility Connections: Varies per Unit, Washer Hookup, for Electric Dryer, for Electric Oven, for Electric Range, for Gas Dryer, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Construction

  • Year Built: 1922
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl / VCT, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73565258
  • Last Updated: 08/24/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/22/2026Active$469,000$277MLSPIN
08/18/2026New$469,000$277MLSPIN

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Seller's Representative: Stacy Pacheco, EXIT New Options 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 2026-08-24 12:17:00

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