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Backup Offers

386 2nd St, Fall River, MA, 02720

$825,000

Home List Price

$9,797*

Closing Credit

6 Bedrooms
6 Full Baths, 2 Partial
4,837 SqFt
$171/SqFt
Multi
Schools Nearby

Location

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386 2nd St, Fall River$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1924
BasementYes
MLS #73200376
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Contingent)

About 386 2nd St

Investors Take Notice! Mix use commercial/residential property situated in the heart of downtown Fall River, MA. Consists of two storefronts and six residential apartments each with 1 bedroom, 6 off street parking spaces, and a new roof. Easy access to routes 195/24/79. Walking distance from the new MBTA train station. local restaurants, shopping, and more. All occupants TAW, rents are $650, $850, $675, $400, $725, $825, $600, one vacancy. Don't miss this opportunity. Schedule your showing today!!!!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 4,837 SqFt

Listing Office:

  • Office Name: Equity Real Estate
  • Listing Agent: James Sabra

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.09 Acres

School Info

Assigned Schools Information:

  • B M C Durfee High School, Public District Grades 9-12
  • Morton Middle School, Public District Grades 6-8
  • Carlton M. Viveiros Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Please Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $171/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Fall River, MA.

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Fall River, MA

City

Med. Sold Price

$435.8K

Med. Price/SqFt

$217

Avg. Days On Market

31

# of Sold Homes

40

386 2nd St vs Fall River

79 DAYS ON ROCKET

+48 Days

$825,000

+$389.1K More

$171/SqFt

-$46 Less

KEY TAKEAWAY

This property is $389.1K more than the Median Sold Price and $46/SqFt less than other homes in Fall River, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73200376

Listing Office:

  • Office Name: Equity Real Estate
  • Listing Agent: James Sabra

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 1:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 29, 2004Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $413,200
2020 - $341,000
2019 - $314,500
2018 - $350,100
2017 - $350,100

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1271005
3
/10

  • Carlton M. Viveiros Elementary School

  • 525 Slade St

  • 1.25 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1271006
3
/10

  • Morton Middle School

  • 1135 N Main St

  • 1.40 miles

  • Public District Grades 6-8

High School

school-card-donut-1271007
2
/10

  • B M C Durfee High School

  • 360 Elsbree St

  • 1.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,412. Most Fall River, MA residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Bristol County›Fall River›02720›386 2nd St

This home is located at 386 2nd St in Fall River, MA and zip code 02720. This 4,837 square foot home, which was built in 1924, sits on a 0.09 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $825,000.

In March 2024 more than 26 listings in Fall River, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Fall River, MA increased by 4.9% between February 2024 and March 2024. In March 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $435,835.

From Rocket Homes Real Estate and based on county public records data.

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