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    770 Locust St Fall River, MA 02720

    For Sale
    $598,000

    Renovated three-family property with strong rental potential and modern upgrades.

    Lot size:
    0.18 Acres

    Property Features for 770 Locust St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1900

    Source: Goodrow Realty Group Agent Gerard Martel

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

    Overview

    Spectacular Three-Family Investment Opportunity

    This three-family property presents an excellent investment opportunity, suitable for both owner-occupants and investors seeking strong rental income. The first floor has been renovated, featuring crown molding, a remodeled kitchen, and a bathroom with porcelain tile imported from Italy and Turkey in the shower. The property includes a newer roof, a new heating system, and a new water heater, all approximately one year old. The second floor features Trex decking on the deck and stairs. The exterior has vinyl siding for easy maintenance. Utilities are included in the rental units, and electricity costs are reduced by solar panels. An existing structure at the back of the property may qualify for an Accessory Dwelling Unit (ADU) to potentially increase income, with plumbing and electric available. Buyers should conduct their own due diligence regarding the ADU. The property offers four off-street parking spaces. Ruggles Park is located directly across the street, providing green space and open paths. Rents are currently below market value.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office 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
    -71.1448481
    Latitude
    41.7049848

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    FAQs

    What type of property is this?
    Triplex - Renovated three-family property with strong rental potential and modern upgrades.
    Where is this triplex located?
    The property is located at 770 Locust St Fall River, MA.
    What is the asking price?
    The asking price for this property is $598,000.
    What are key features of this property?
    This property features: - Renovated first-floor unit with remodeled kitchen & bathroom featuring **imported Italian & Turkish porcelain tile.**; - Newer roof, brand new heating system, and new water heater (approximately 1 year old).; - Potential for increased income with existing structure that may qualify for an ADU (Accessory Dwelling Unit) with plumbing and electric available.
    (508) 523-3128
    Request Owner's contact information
    770 Locust St Fall River, MA 02720
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    Fall River, MA 02720
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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
    770 Locust St Fall River, MA 02720
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