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Fantastic Three-Family Opportunity in Fall River's Highlands! This spacious multifamily offers a great opportunity for investors or owner-occupants, complete with two off-street parking spaces. The first-floor unit has been tastefully renovated, featuring a brand-new bathroom gutted to the studs, freshly sanded hardwood floors, new LVP flooring in the living room, kitchen and bathroom, and some new windows. Additional improvements include a new hot water heater and some updated electrical. A walkout basement offers exciting potential for future expansion, subject to proper approvals. With three units, recent updates, parking, and room to add value, this is a great opportunity to build equity and generate rental income in a desirable Highlands location.

More Info

Basic Information

  • Gross Income $82,800
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 2832789
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $469,500
  • Tax Year 2026
  • Taxes$5,390

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Paved
  • Parking Spaces2

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms12
  • Full Bath3

Basic Information

  • List Price$749,999
  • MLS Number73569765
  • Modification Date08/30/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address631 Walnut Street
  • Building Number631
  • CountyBristol
  • StateMA
  • StreetWalnut Street
  • TownFall River
  • Zip02720

Building

  • BasementFull, Walk-Out Access, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationOther
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms21
  • Stories3
  • Units3
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.06

Interior

  • Flooring Hardwood
  • Interior Features Living Room, Living RM/Dining RM Combo, Kitchen

Exterior

  • Fencing Fenced/Enclosed
  • RoofShingle

Utilities

  • Electric 100 Amp Service,200+ Amp Service
  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,833
  • Lot Size Square Feet 2,613
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,833

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
  • Appliances IncludedRange, Refrigerator, Range Hood
  • Other AmenitiesBasement

Other

  • Date Listed08/29/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Kade Phillips of RE/MAX Legacy

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