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    383 Alden St Fall River, MA 02723

    For Sale
    $935,000

    Well-maintained, fully occupied six-unit property in Fall River's Maplewood neighborhood.

    Lot size:
    0.09 Acres

    Property Features for 383 Alden St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1907

    Source: eXp Realty Agent Gina Marinone

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

    Overview

    Six-Unit Multifamily Investment Opportunity

    This well-maintained six-unit multifamily property is located in the Maplewood neighborhood of Fall River. The building is fully occupied and offers a mix of three-bedroom and two-bedroom units. The property's layout and strong rental history make it a hands-off investment. Tenants benefit from the property's proximity to local schools, public transportation, parks, shopping, and dining, enhancing the property's long-term rental demand. This property offers both immediate cash flow and future appreciation potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1330821
    Latitude
    41.6870259

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully occupied six-unit property in Fall River's Maplewood neighborhood.
    Where is this apartment building located?
    The property is located at 383 Alden St Fall River, MA.
    What is the asking price?
    The asking price for this property is $935,000.
    What are key features of this property?
    This property features: - Fully occupied six-unit multi-family property.; - Strong rental history and efficient layout for hands-off investment.; - Attractive mix of 3-bedroom and 2-bedroom units.
    (860) 372-6449
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    383 Alden St Fall River, MA 02723
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    Fall River, MA 02723
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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
    383 Alden St Fall River, MA 02723
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