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    Updated Multifamily Properties in Fall River Title is generated by Realmo AI

    165 & 169 Grant Street, Fall River, MA 02721

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    Claim this Listing
    For Sale
    $1,268,000

    MULTI_FAMILY - Fall River, MA

    Property size:
    4,890 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $259/SF
    Added:
    May 22, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 7 at 1:06 am

    Property Features for 165 & 169 Grant Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    A-2
    Bedrooms
    13
    Bathrooms
    6
    Rooms
    Bathroom 6, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 13, Bathroom 5, Bedroom 5, Bedroom 11, Bathroom 4, Bedroom 10, Bedroom 1, Bedroom 7, Bedroom 9, Bedroom 12, Bedroom 8
    Standard status
    Active
    APN
    M:0G05 B:0000 L:0050
    Size
    4,890 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7028

    Building Details

    Year built
    1900
    Number of units
    5

    We can help!

    Contact an agent
    Clifford Ponte

    Listing agent Clifford Ponte License #9554597

    Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

    Listing date May 22, 2026

    MLS# 73523058 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Combination of a single‑family home and a 4‑unit building.
    • Four updated units at 169 Grant St. feature new FHA HVAC, granite countertops, new electric, roof, plumbing, bathrooms, and appliances.
    • Single‑family home at 165 Grant St. offers cosmetic upgrades, hardwood floors, and two full bathrooms.
    • Enjoy four spacious bedrooms and washer/dryer on the 2nd level of the single family home.
    • Located conveniently near local amenities, shopping, dining, schools, and major routes.
    • Solid investment opportunity with consistent rental demand.

    Overview

    The offering consists of two separately deeded properties located at 165 and 169 Grant St. The property at 169 Grant St. features four completely updated units with new FHA HVAC systems, granite countertops, new electric, new roof, new plumbing, new bathrooms, and new appliances. The property at 165 Grant St. is a single-family home that has received a full cosmetic upgrade, featuring two full bathrooms, hardwood floors, four spacious bedrooms, and a washer and dryer on the second level. The properties are located near local amenities, shopping, dining, schools, and major routes, making them a potentially suitable addition to an investment portfolio in an area with consistent rental demand. The combined lot size is 0.1542 acres. The total property size is 4890 square feet. These properties are zoned A-2.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $158.4k $32.40
    − Vacancy −$10.8k −$2.20
    EGI $147.7k $30.20
    − OpEx −$66.4k −$13.59
    NOI $81.2k $16.61
    4,890 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.16M
    $1.02M – $1.35M (±1% cap)
    NOI $81,214 @ 7.0% cap · market cap 6.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.98M
    $2.61M – $3.47M (±1% cap)
    NOI $208,455 @ 7.0% cap · market cap 16.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Hotel & Motel Cosmetic Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Supermarket Restaurant Restaurant Bed & Breakfast Clothing & Fashion Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.163673
    Latitude
    41.696802

    FAQs

    What type of property is this?
    Apartment building - Two properties with updated units near amenities and major routes.
    Where is this apartment building located?
    The property is located at 165 & 169 Grant Street Fall River, MA.
    What is the asking price?
    The asking price for this property is $1,268,000.
    What are key features of this property?
    This property features: Combination of a single‑family home and a 4‑unit building.; Four updated units at 169 Grant St. feature new FHA HVAC, granite countertops, new electric, roof, plumbing, bathrooms, and appliances.; Single‑family home at 165 Grant St. offers cosmetic upgrades, hardwood floors, and two full bathrooms.
    More about this property
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