315 Washington StreetFall River, MA 02721MLS Number 73561432

  • Price: $689,000
  • Est. Mortgage of $/month
  • 46 Days on Market
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Federal 30-year interest rate: 7.03% last updated on Sep 24, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721315 Washington Street Fall River MA 02721
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  • 7Bedrooms
  • 0.08Acreage
  • 3Bathrooms
  • 1900Year Built

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Not all 3-families are created equal. If you've been searching for a Fall River multifamily where the major updates are already done-this one deserves your attention. The first-floor unit will be delivered vacant, creating an ideal opportunity for an owner-occupant to live comfortably while having rental income from the second and third floors help offset the mortgage. This spacious 3-bedroom apartment features a private entrance, gorgeous hardwood floors, a modern bathroom, and a beautifully updated kitchen with white shaker cabinets, granite countertops, and stainless-steel appliances. The second floor also offers 3 bedrooms, new flooring, and modern kitchen and bathroom updates. The third-floor 1-bedroom unit has an excellent long-term tenant, providing immediate rental income from day one. Beyond the cosmetic updates, the big-ticket items have been addressed. The property features three brand-new Weil-McLain boilers, updated electrical panels for the first, second, and owner panels, updated exterior meters, replacement windows, a new roof, vinyl siding, and newer water heaters for all 3 floors. Each apartment also has new washer and dryer hookups in the basement, giving every tenant dedicated laundry access. Then there's the parking-something that can make a multifamily property stand out. The owner's unit includes two off-street parking spaces with direct access to the new deck and front entrance, plus a detached 2-car garage. Add private yard space for entertaining, relaxing, or enjoying the outdoors, and you have features that are hard to replicate. Location adds another layer of appeal. You'll be just minutes from the Fall River waterfront, Bicentennial Park, Battleship Cove, The Cove Restaurant, the waterfront boardwalk, tennis courts, boat ramp, restaurants, shopping, and transportation, with the new commuter rail connection adding even more convenience for commuters. Whether you're a first-time owner-occupant looking for a multifamily home, an investor adding to your portfolio, or someone looking to house extended family while generating rental income, this property offers a compelling combination of updated living spaces, strong owner-occupant potential, parking, garage space, and location. When you're comparing 3-families in Fall River, look beyond the bedroom count. This is the one where the major work has already been done!
Listed by The Perry Team of HomeSmart First Class Realty

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More Info

Basic Information

  • Gross Income $39,600
  • Lot Features Corner Lot
  • Mls StatusBack on Market
  • Parcel Number M:0I07 B:0000 L:0026,2827866
  • Rent Includes Unit 1(Other (See Remarks)), Unit 2(Water), Unit 3(Water, Other (See Remarks))

Basic Information

  • List Price$689,000
  • MLS Number73561432
  • Modification Date09/23/2026
  • Property SubType3 Family
  • Virtual TourView Tour

Property

  • Acreage0.08

Exterior

  • RoofShingle

Utilities

  • Cooling Window Unit(s)
  • Electric Common, Individually Metered
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed08/10/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $409,700
  • Tax Year 2025
  • Taxes$4,691

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms7
  • Full Bath3

Location

  • Address315 Washington Street
  • Building Number315
  • CountyBristol
  • StateMA
  • StreetWashington Street
  • TownFall River
  • Zip02721

Interior

  • Flooring Tile, Laminate, Hardwood
  • Interior Features
    • Ceiling Fan(s)
    • Dining Room
    • Kitchen
    • Laundry Room
    • Living Room
    • Pantry
    • Remodeled
    • Stone/Granite/Solid Counters
    • Upgraded Cabinets
    • Upgraded Countertops

Property Information

  • Building Area Source Public Records
  • Living Area 2,257
  • Lot Size Square Feet 3,350
  • Lot Size Units Acres
  • Square Feet2,257

School Information

  • Elementary SchoolDoran Elementary School
  • High School Durfee High School

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Off Street, Paved
  • Parking Spaces6

Building

  • BasementFull, Walk-Out Access, Dirt Floor, Concrete
  • Building Area Units Square Feet
  • FoundationStone
  • Garage Spaces2
  • Levels 3
  • Patio And Porch Features Deck
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator, Range Hood
  • Other AmenitiesBasement, Tennis

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. MLSPIN 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.

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