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575 N Main St 575 N Main St 18 Unit Apartment Building $2,700,000 ($150,000/Unit) 8% Cap Rate Fall River, MA 02720

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INVESTMENT HIGHLIGHTS

  • Access & Connectivity
  • Off-Street Parking & Amenities
  • Quality of Life Amenities
  • Area Amenities & Demand Drivers
  • Strong Rental Demographics & Demand

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 575 North Main Street in Fall River, MA (the “Property”). The four-story building contains eighteen (18) total units comprised of eight (8) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and six (6) Studio units with 15,854 square feet of gross living area in 16,416 square feet of gross area. The Property is situated upon a 0.37-acre parcel and offers twenty (20) off street parking spaces. 575 North Main Street is well-positioned along North Main Street near downtown Fall River, offering strong visibility and convenient access to surrounding residential neighborhoods. The property provides quick connections to Route 79, Route 24, and I-195, ensuring efficient regional access to Providence, Greater Boston, and the South Coast, as well as Cape Cod. Nearby retail, dining, waterfront attractions, and community amenities further enhance livability and long-term tenant appeal.

PROPERTY FACTS

Price $2,700,000
Price Per Unit $150,000
Sale Type Investment
Cap Rate 8%
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.37 AC
Building Size 16,416 SF
Average Occupancy 100%
No. Stories 4
Year Built 1965
Parking Ratio 1.22/1,000 SF
Zoning A-2

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Carpet

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 18 - 900
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FALL-000012O-000000-000013
Land Assessment
$396,600
Improvements Assessment
$1,578,800
Total Assessment
$1,975,400
  • Listing ID: 39067330

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 575 N Main St, Fall River, MA 02720

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