LKV Realty
Logo
$634,974
$3,400Reward *
199 Franklin St, Fall River, MA 02720Listing ID 73539673

199 Franklin St, Fall River, MA 02720

Active
Time on site: 51 daysLast updated: Jul 31, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
3 Family
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,115
Acres
Acres
0.11
Days on Site
Days on Site
51
Year Built
Year Built
1900
Stories
Stories
3
Parking
Parking
Paved Drive, Off Street, Paved

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 Information

Property Details

Location

Address
199 Franklin St
County
Bristol
City
Fall River
Zip Code
02720

Interior Features

Beds and Baths

Bedrooms
9
Full Bathrooms
3

Building

Building Information

Square Feet
3,115
Year Built
1900
Stories
3
Construction
Frame
Foundation
Concrete Perimeter
Roof
Shingle

Property Taxes

Tax Annual Amount
$5,929
Tax Year
2025
United Brokers, (781) 629-2258

Market Report for 02720

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Property Information Network, Inc.
MLS Property Information Network, Inc. logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 08:27 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

TEAM0361