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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.

More Info

Basic Information

  • Gross Income $8,400
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:000F B:0021 L:0036,2825070
  • Rent Includes Unit 1(Water, Hot Water)

Tax Information

  • Tax Assessed Value $362,700
  • Tax Year 2026
  • Taxes$4,164

School Information

  • Elementary SchoolWilliam S Greene Elementary
  • High School B M C Durfee High School
  • Junior HighMatthew J Kuss Middle School

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem, Paved
  • Parking Spaces6

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 2.5
  • Bedrooms4
  • Full Bath2
  • Half Baths1

Basic Information

  • List Price$469,000
  • MLS Number73565258
  • Modification Date08/19/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address131 Foster Street
  • Building Number131
  • CountyBristol
  • StateMA
  • StreetFoster Street
  • TownFall River
  • Zip02721

Building

  • BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors, Storm Door(s)
  • FireplaceYes
  • Fireplace Features Wood Burning
  • Fireplaces Total 1
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch, Deck, Deck - Wood
  • Rooms10
  • Stories3
  • Units2
  • Utilities
    • For Electric Dryer
    • For Electric Oven
    • For Electric Range
    • For Gas Dryer
    • For Gas Oven
    • For Gas Range
    • Varies Per Unit
    • Washer Hookup
  • Window Features Insulated Windows
  • Year Built1922
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.07
  • Other Structures Shed(s)

Interior

  • Flooring Tile, Vinyl / VCT, Carpet, Hardwood
  • Interior Features
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Ceiling Fan(s)
    • Dining Room
    • Internet Available - Broadband
    • Kitchen
    • Laundry Room
    • Living Room
    • Pantry
    • Slider

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Cooling Central Air, Window Unit(s), Ductless
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service,200+ Amp Service, Varies per Unit
  • Heat SystemYes
  • Heating
    • Central
    • Ductless
    • Electric
    • Natural Gas
    • Unit Control
    • Wood Stove
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Measured
  • Living Area 1,692
  • Lot Size Square Feet 3,215
  • Lot Size Units Acres
  • Square Feet1,692

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Appliances IncludedRange, Disposal, Microwave, Refrigerator, Freezer, Washer/Dryer
  • Other AmenitiesBasement, Fireplace
  • Security Features Security System

Other

  • Date Listed08/19/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Stacy Pacheco of EXIT New Options Real Estate

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