Active
3 Days on market
162 O'grady St. Fall River — Photo 1 of 40

162 O'grady St. Fall River — Photo 1 of 40

$594,800

Investment Analysis — 162 O'grady St.

Fall River, MA 02720

Based on rent reported on the MLS listing, a 3-unit multi-family in 02720 carries $4,950/mo in gross rent — about a 6.70% cap rate and $39,860/yr in estimated NOI at the $594,800 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

3,088

Style

3 Family

Built

1900

Excellent investment opportunity in Fall River’s desirable Upper Highlands! Rents are at or above market rate!! This well maintained three-unit multi property delivers immediate income potential and a compelling opportunity to strengthen any investment portfolio. Each unit offers the convenience of in-unit or laundry access, while all tenants are currently tenant-at-will, giving the new owner valuable flexibility for future management and leasing strategies. Property highlights include ample off-street parking, and finished basement storage currently used by the second-floor unit. Many recent upgrades in all three units include flooring, modern kitchens, baths, and newer utilities . Units 1 and 2 utilize a 3rd bedroom with closets built. Ideally situated near major highways, shopping, dining, and Fall River’s MBTA commuter rail service to Boston, this property combines strong rental appeal with everyday convenience. Whether pursuing an owner-occupied investment or expanding a portfolio, 162 O’Grady Street offers income and flexibility, in a sought after Upper Highlands location.

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$594,800
Annual Taxes$5,284

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms14
FireplacesNone
Flooring--
BasementPartially Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Block
ZoningN/A

Property & Lot

Acres0.08
SqFt Lot3,533
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Lauren Tansey Lima

Listing Office: LPT Realty - Home & Key Group

MLS® Number: 73574775