280 Ridge St, Fall River, MA 02721
Bristol County
Key Facts
Description
Don't miss this exceptional opportunity to acquire a spacious three-family property in a high-demand rental market. Located at 280 Ridge St, Fall River, this income-producing asset offers over 3,200 square feet of living space across three levels, featuring 8 bedrooms and 3 full bathrooms.What sets this property apart is its strong income stability. Current rents are at market value, providing investors with reliable cash flow from day one. With continued strong rental demand throughout Fall River, this property offers a solid and dependable investment opportunity.Built in 1900, the property offers the charm and character of a classic New England multi-family while delivering the functionality today's tenants seek. The generous unit layouts provide ample living space, making them highly attractive to both current and future occupants.Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking rental income to offset your mortgage, this pro
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1900
Stories
3
Living Area
3,234 sq ft
Lot Size
0.06 acres
Zoning
N/A
Days on Market
38
MLS® Listing#
73520005
Property Features
Lot Features
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$5,701
Tax year 2025
Assessed Value
$497,900
Parcel Number
M:0G07 B:0000 L:0052,2826013
Directions
use GPS
Affordability Calculator
$138,000
Estimated monthly payment
$3,672/mo
Principal $551,999 · Est. interest $770,088 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fall River, MA
- $551,351
- Median Listing Price
- 54
- Median Days on Market
- 2,146
- Median Sq Ft
- $243
- Median Price / Sq Ft
- 200
- Active Listings
- This home’s price is 25% above the area median.
- Its price per sq ft is 12% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fall River, MA.
Location
Points of Interest in Fall River, MA
Showing the Fall River area map.
Nearby Schools
Atlantis Charter School
School · 0.1 mi away
Argosy Collegiate Charter School
Secondary · 0.3 mi away
Wixon School
School · 0.3 mi away
St. Stanislaus School
School · 0.4 mi away
Argosy Collegiate High School
Secondary · 0.5 mi away
Saints Peter & Paul School
School · 0.5 mi away
John J Doran
Elementary · 0.5 mi away
Mastery School of Independent Learning
Elementary · 0.7 mi away
AS Letourneau Elementary School
Elementary · 0.7 mi away
William S Greene Elementary School
Elementary · 0.7 mi away
East Gate Christian Academy
School · 0.8 mi away
Carlton Viveiros Elementary School
Elementary · 1.0 mi away
Matthew J Kuss Middle School
Secondary · 1.0 mi away
Fall River Public Schools
School · 1.1 mi away
Westall Elementary School
Elementary · 1.1 mi away
Aldrich School
School · 1.2 mi away
Antioch School
Secondary · 1.2 mi away
Holy Trinity School
School · 1.3 mi away
Mary L Fonseca Elementary School
Elementary · 1.3 mi away
Espirito Santo Parochial School
School · 1.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 289 Fifth St, Fall River, MA | $585,000 | 9 | 3 | 3,242 |
| 953 Globe St, Fall River, MA | $618,000 | 8 | 3 | 2,601 |
| 147 Jefferson St, Fall River, MA | $629,900 | 8 | 3 | 2,483 |
| 646 Birch St, Fall River, MA | $629,999 | 9 | 3 | 2,619 |
| 87 Smith, Fall River, MA | $639,000 | 8 | 4 | 2,853 |
| 199 Franklin St, Fall River, MA | $639,999 | 9 | 3 | 3,115 |
Moving Cost Estimate
EXIT Agents in Fall River
Listing Courtesy: Fast Plus Realty, Inc. - 8572614458
Presented by: Nadege Cadet