302-316 Hope St Fall River, MA 02721
Two adjacent multifamily properties with value-add potential in Fall River.
Type:Investment
- Added:
- Apr 24, 2026
- Days on Market:
- 15
- Last Refresh:
- Apr 24 at 4:41 pm
Property Features for 302-316 Hope St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agent Adam Jaspon (508) 942-2129
Listing office (508) 942-2129
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Adam Jaspon
HighLights
- Portfolio of two adjacent multifamily properties totaling nine units.
- Oversized shared parking lot providing off‑street parking for all tenants.
- Mix of two- and three‑bedroom apartments, many recently renovated with modern finishes.
- Below‑market rents offer immediate value‑add opportunity through rent optimization.
- Excellent regional connectivity via I‑195, Route 24, and Route 79.
- Recent South Coast Rail extension provides direct commuter service to Boston.
Overview
Fall River Multifamily Investment Opportunity
This offering presents a rare opportunity to acquire two adjacent, well-maintained multifamily properties, totaling nine units. The properties feature a mix of two- and three-bedroom apartments. Many of the units have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. A shared, oversized parking lot provides off-street parking for all tenants. Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units. Current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization. The location has a walk score of 91, indicating it is a Walker's Paradise, a bike score of 58, indicating it is Bikeable, and a transit score of 49, indicating there is some transit available.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Fall River
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.1637576
- Latitude
- 41.6985821
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two adjacent multifamily properties with value-add potential in Fall River.
Where is this apartment building located?
The property is located at 302-316 Hope St Fall River, MA.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Portfolio of two adjacent multifamily properties totaling nine units.; Oversized shared parking lot providing off‑street parking for all tenants.; Mix of two- and three‑bedroom apartments, many recently renovated with modern finishes.
