Cash-flowing 5-unit multifamily with strong rental history. There is additional value-add opportunity with the potential to convert the first floor into two units, increasing overall rental income. Projected cap rate exceeds 9% once current vacancy is filled. The property consists of four 2-bedroom units and one 3-bedroom unit. Three units have been fully renovated with updated electrical, plumbing, and efficient forced air systems-minimizing near-term capital expenditures. Separate utilities with tenants paying their own expenses. Basement storage provides additional income potential. Maintenance-free vinyl siding for ease of ownership. Ideal for investors seeking immediate cash flow with upside through lease-up and future income growth. Owner financing available; terms to be negotiated.

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Basic Information

Contingency Inspection
Gross Income $96,300
Listing Terms Other (See Remarks)
Lot Features Level
Mls StatusUnder Agreement
Parcel Number M:0K13 B:0000 L:0056,2830023
Rent Includes Unit 1(Water, None), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

Tax Assessed Value $581,300
Tax Year 2025
Taxes$6,656

Parking

Open Parking YN Yes
Parking Spaces

Rooms

Bathroom5
Bathrooms Total Decimal 5
Bedrooms11
Full Bath5

Basic Information

List Price$925,000
MLS Number73489878
Modification Date05/19/2026
Property SubType5+ Family - 5+ Units Up/Down
Purchase Contract Date05/05/2026

Location

Address173 County Street
Building Number173
CountyBristol
StateMA
StreetCounty Street
TownFall River
Zip02723

Building

BasementFull, Unfinished
Building Area Units Square Feet
FoundationOther
Levels 11
Rooms27
Stories11
Units5
Utilities For Gas Range, Washer Hookup
Year Built1900
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.09

Interior

Flooring Wood
Interior Features Laundry Room, Living Room, Dining Room, Kitchen

Utilities

Electric 100 Amp Service
Electric Expense 728
Heat SystemYes
Heating Baseboard, Natural Gas, Forced Air, Space Heater
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 3,589
Lot Size Square Feet 3,720
Lot Size Units Acres
Square Feet3,589

Amenities

AmenitiesPublic Transportation, Highway Access, Public School
Appliances IncludedRange, Refrigerator, Microwave
Other AmenitiesBasement

Legal

ZoningG

Other

Date Listed03/21/2026
Farm Land Area Units Square Feet
View Count3

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Newton, MA

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More Info

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Parking

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Newton, MA