Active Under Contract
25 Days on market
131 Foster St Fall River — Photo 1 of 30

131 Foster St Fall River — Photo 1 of 30

$469,000

131 Foster St, Fall River, MA 02721

Fall River, MA 02721

Investor Analysis

Beds

4

Baths

2.5

SqFt

1,692

Style

2 Family - 2 Units Up/Down

Built

1922

Opportunity awaits with this versatile, clean, well maintained 2-family home in Fall River, offering a great setup for an owner-occupant looking to offset expenses with rental income, an investor, or those seeking multi-generational living. The first-floor unit offers a cozy 1-bedroom layout featuring a fully remodeled eat-in kitchen and bathroom, in-unit laundry, updated electrical, and the comfort of central heat and air conditioning. The spacious second unit spans two levels. The main level features an open living room with a wood stove, half bath, kitchen, and dining room with sliders leading to the deck. A ductless mini-split was added to this level in 2022 for additional heating and cooling comfort. Upstairs, you'll find three bedrooms and a full bathroom, providing plenty of room to spread out. Unit 2 also has access to laundry in the basement. With two distinct living spaces and flexible options for how you use them, this property offers an excellent opportunity to make homeownership work for you! Convenient access to public transportation, Routes 24 and I-195, plus the Fall River MBTA Commuter Rail offering direct service to Boston.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$277/sqft
Local Avg (Fall River)$270/sqft
3% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fall River, MA.

Property Details

Financials

Original Price$469,000
Annual Taxes$4,164

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Vinyl / VCT, Carpet, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Natural Gas, Unit Control, Electric, Wood Stove, Ductless
CoolingCentral Air, Window Unit(s), Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR-4

Property & Lot

Acres0.07
SqFt Lot3,215
Lot FeaturesLevel

Amenities & Appliances

Range • Disposal • Microwave • Refrigerator • Freezer • Washer/Dryer

Neighborhood

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

Geography

Population

26,521

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$53K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

65.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Bristol County

1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Stacy Diphillipo

Listing Office: EXIT New Options Real Estate

MLS® Number: 73565258

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