
117 Last Street Fall River — Photo 1 of 29
$699,999
Investment Analysis — 117 Last Street
Fall River, MA 02724
Based on rent reported on the MLS listing, a 2-unit multi-family in 02724 carries $4,400/mo in gross rent — about a 4.90% cap rate and $34,284/yr in estimated NOI at the $699,999 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
2
SqFt
2,536
Style
2 Family - 2 Units Up/Down
Built
1900
Welcome to 117 Last St, Fall River, where space, modern updates, and water views come together in this beautifully maintained two-family residence. This property presents an equally outstanding opportunity for both an owner-occupant who gets to own a home while generating income to offset the mortgage or an investor seeking a turnkey multi-family property that generates steady cashflow. Each residence features four generously sized bedrooms and one full bathroom that has been thoughtfully updated for comfortable, modern living. Enjoy the convenience and efficiency of mini-split systems, baseboard heating, and a whole-property water filtration system. One standout feature being the private decks for each unit, providing residents with their own outdoor retreat to relax, entertain, and enjoy the surrounding water views. Each unit also benefits from dedicated washer and dryer hookups and private storage, adding exceptional convenience and functionality. The exterior is equally impressive, featuring a meticulously maintained fenced in yard, a full exterior security camera system, detached two-car garage, and an incredible six additional off-street parking spaces. A rare two-family property that not only offers space, versatility and amenities that set it apart but also offers a more peaceful, residential feel—giving you the convenience of city living without feeling like you’re in the heart of the city. This is one you won’t want to miss.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Public School
Geography
Listing Agent: Nicole Rusin
Listing Office: Cheryl Darnbrough Real Estate
MLS® Number: 73574109