199 Franklin St
Fall River, MA 02720
$639,999 (New)
Beds:
9
Baths:
3
Number of Units:
3
Type:
Multi-Unit Residential
Listing #73539673
Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River's rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.
Property Features
County:
Bristol
Latitude:
41.702763
Longitude:
-71.151534
Directions:
Use GPS
Total Rooms:
15
Number of Full Bathrooms:
3
Has Fireplace:
No
Number of Fireplaces:
0
Floors:
Hardwood
Basement Description:
Full, Unfinished
Has Basement:
Yes
Total Number of Units:
3
Stories:
3
Construction:
Frame
Foundation:
Concrete Perimeter
Roof:
Shingle
Water / Sewer:
Public
Septic or Sewer:
Public Sewer
Water:
Public
Electric:
Circuit Breakers
Parking Description:
Paved Drive, Off Street, Paved
Has Garage:
No
Garage Spaces:
0
Parking Spaces:
7
Parking Description:
Paved Drive, Off Street, Paved
Lot Size in Acres:
0.11
Lot Size in Sq. Ft.:
4,992
Zoning:
N/A
Building Total Area (Sq. Ft.):
3,115
Road Description:
Public
Property Type:
MF
Property SubType:
3 Family
Year Built:
1900
Status:
Active
Assessments:
517,800
Tax Amount:
$5,929
Tax Year:
2025
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Listing Courtesy of Mission Impossible Team United Brokers
© 2026 MLS Property Information Network, Inc.. All rights reserved.
© 2026 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS PIN data last updated at June 22, 2026, 9:38 PM ET
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