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    584-586 Mount Hope Ave Fall River, MA 02724

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    For Sale
    $979,900

    6-unit multifamily property with water views in booming Fall River.

    Lot size:
    0.24 Acres

    Property Features for 584-586 Mount Hope Ave

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1904

    Source: Redlon Realty LLC Agent Adam Walorz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Multifamily with Water Views

    This well-maintained multifamily property is located in Fall River and offers water views of Mount Hope Bay from almost every unit. The building contains six apartments, each featuring two bedrooms. All units are fully applianced and have separate utilities. The property has been professionally managed for many years. The exterior is vinyl sided. Each unit has its own furnace. The property is set high on a hill and includes a professionally landscaped garden lot. The location provides convenient access to downtown Fall River, shopping, dining, and the highway.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1826131
    Latitude
    41.6779079

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    FAQs

    What type of property is this?
    Apartment building - 6-unit multifamily property with water views in booming Fall River.
    Where is this apartment building located?
    The property is located at 584-586 Mount Hope Ave Fall River, MA.
    What is the asking price?
    The asking price for this property is $979,900.
    What are key features of this property?
    This property features: - Water views from almost every unit overlooking Mount Hope Bay; - Exceptionally large 6-unit building with over 6100 sq ft in a desirable location; - Professionally landscaped garden lot
    (508) 807-8012
    Request Owner's contact information
    584-586 Mount Hope Ave Fall River, MA 02724
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    584-586 Mount Hope Ave Fall River, MA 02724
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