799â809 North Main Street is a unique, stabilized 8+ unit multi-family commercial property with views of the Taunton River. The "plus+" is an additional 1,319SF of leased commercial space. The offering provides a strong in-place income with a clear path to increased cash flow in one of Fall Riverâs most active up and coming rental corridors. The property currently generates $121,236 in annual income, with a pro forma gross of ~$134,400, plus the additional $6,600/year in leased commercial income, bringing total potential income to over $141,000. The two buildings sit on one 7,114 SF lot, BOTH updated with newer vinyl siding and roofs. The property features 8 total residential apartments, Front building contains four 1 bed 1 baths, Rear building contains four 2 bed 1 baths and a common area basement w washer/dryer hookups. ALL with separate utilities and central heat, including 2 units with central air. Tenants pay their own utilities. Professionally managed with consistent rent collections, the asset offers immediate upside through lease-up and rent alignment. Recent Navien high-efficiency boiler systems reduce future capital expenditure and improve operational efficiency, making this a true âplug-and-playâ investment with stable cash flow and defined upside.
| Location | |
|---|---|
| City/Town | Fall River |
| County | Bristolma |
| Community Features | Bus, Commuter Bus, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping |
| Interior | |
|---|---|
| Living Area | 8,766 sq. ft. |
| Rooms | 22 |
| Heating | Natural Gas, Central Air, Central |
| Cooling | Central Air |
| Additional Information | |
|---|---|
| Tax Assessment | $487,000 |
| Zoning | BL |
| Exterior | |
|---|---|
| Acreage | 0.1633 |
| Exterior Features | Balcony, Deck |
| Waterfront Features | River, Saltwater View |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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