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4-Unit Property with Updated Interiors
New
For Sale
$789,000

463 Montaup St, Fall River, MA 02724

Three apartments are slated to be vacant at closing, offering flexibility for occupancy and future leasing.

Property Size4,784 SF
Days on Market7

Property Features for 463 Montaup St

General Information

Standard status Active
Size 4,784 SF
Property subtype Investment

Units

Unit Mix 2 x 3BR, 2 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,296

Building Details

Building Size 4,784 SF
Year Built 1900
Stories 4
Units 4
Listing Agency: Amaral & Associates RE
Listed By: Michael J Amaral · License #450500518
Source: Elliman
Added: Oct 23 Changed: Oct 26 Last Checked: Oct 28 at 10:06AM

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 Amaral & Associates RE

Rey
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Investment Insights

Based on property information with market context.

At 463 Montaup St in Fall River, this three-story, four-unit property has a mix of two- and three-bedroom apartments. The first floor contains a three-bedroom unit, the second floor has two two-bedroom units, and a three-bedroom apartment occupies the third floor. Updated kitchens and bathrooms are present in all four apartments. The property was built in 1900.

The exterior includes a large yard, a one-car garage, and a driveway with room for up to seven vehicles. Three apartments will be vacant at closing, providing flexibility in how the units are occupied and leased. Walk Score is 74, Bike Score is 46, and Transit Score is 35.

Key Highlights

  • Four apartments: two 3‑bedroom units and two 2‑bedroom units
  • Updated kitchens and bathrooms in all four apartments
  • Three units will be vacant at closing

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby

Demographics for 02724, MA

18,050
Population
8,808
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
76%
High-School Grad
1.8 sq mi
ZIP Area
10,028
Density / Sq Mi
$49,809
Median Household Income
$42,334
Median Earnings
$1,105
Median Rent
$368,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three apartments are slated to be vacant at closing, offering flexibility for occupancy and future leasing.
Where is this quadplex located?
The property is located at 463 Montaup St Fall River, MA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Four apartments: two 3‑bedroom units and two 2‑bedroom units; Updated kitchens and bathrooms in all four apartments; Three units will be vacant at closing
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