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Great opportunity to own a two-family property in Fall River’s downtown district. This home is in good condition and currently fully occupied, offering immediate rental income potential. Both units feature hardwood floors and pantry kitchens equipped with stoves and refrigerators. The attic may offer potential for additional bedroom space, subject to all necessary approvals and building requirements. A small yard and off-street parking add to the property’s appeal. A great opportunity for investors looking to add an income-producing property to their portfolio! or an owner occupant buyer

More Info

Basic Information

  • Gross Income $20,700
  • Lot Features Corner Lot, Level
  • Mls StatusNew
  • Parcel Number 2833313
  • Rent Includes Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks))
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $534,000
  • Tax Year 2026
  • Taxes$6,130

Parking

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

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$625,000
  • MLS Number73591152
  • Modification Date10/16/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address199 Purchase Street
  • Building Number199
  • CountyBristol
  • StateMA
  • StreetPurchase Street
  • TownFall River
  • Zip02721

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Granite
  • Levels 2
  • Patio And Porch Features Porch
  • Rooms10
  • Stories2
  • Units2
  • Utilities For Gas Range, For Electric Range
  • Window Features Picture Window, Insulated Windows, Screens
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.08

Interior

  • Flooring Tile, Varies, Laminate, Hardwood, Wood
  • Interior Features Bathroom With Tub & Shower, Pantry, Living Room, Dining Room, Kitchen

Exterior

  • Exterior Features Rain Gutters
  • Fencing Fenced
  • RoofShingle

Utilities

  • Electric Circuit Breakers, Individually Metered, Varies per Unit
  • Heat SystemYes
  • Heating Central, Hot Water, Steam, Natural Gas, Individual
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,772
  • Lot Size Square Feet 3,498
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,772
  • View YN Yes

Amenities

  • Amenities
    • Highway Access
    • Medical Facility
    • Park
    • Public Transportation
    • Sidewalks
    • T-Station
  • Appliances IncludedRange, Refrigerator, ENERGY STAR Qualified Refrigerator
  • Green Energy Efficient Varies per Unit
  • Other AmenitiesBasement

Other

  • Date Listed10/15/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michelle R Moniz of Lamacchia Realty,Inc.

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