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One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner. Please see MLS #: 73500576

More Info

Basic Information

  • Gross Income $102,000
  • Mls StatusActive
  • Parcel Number M:0I10 B:0000 L:0055,2828087
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $308,700
  • Tax Year 2025
  • Taxes$3,534

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces3

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 4.5
  • Bedrooms6
  • Full Bath4
  • Half Baths1

Basic Information

  • List Price$799,900
  • MLS Number73500571
  • Modification Date06/15/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address155 Rodman Street
  • Building Number155
  • CountyBristol
  • StateMA
  • StreetRodman Street
  • TownFall River
  • Zip02721

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 7
  • Patio And Porch Features Porch, Patio - Enclosed, Covered
  • Rooms26
  • Stories7
  • Units5
  • Year Built1880
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.09
  • Other Structures Gazebo

Interior

  • Flooring Vinyl, Carpet, Hardwood

Exterior

  • Exterior Features Decorative Lighting, Fruit Trees
  • Fencing Fenced
  • RoofShingle

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas, Space Heater
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,115
  • Lot Size Square Feet 3,724
  • Lot Size Units Acres
  • Square Feet3,115
  • View YN Yes

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Pool Features Above Ground

Legal

  • ZoningCBD

Other

  • Date Listed04/13/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Gilded Girls Group of Beach Homes Realty,LLC

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