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Fall River Multi-Family Residence

609 King Philip St, Fall River, MA 02724

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For Sale

$749,990

Spacious multi-family property with seven bedrooms and ample outdoor space.

Type:Investment

Property size:

3,050 SF

Lot size:

0.15 Acres

Price / SF:

$245/SF

HighLights

Walker's Paradise: With a walkScore of 91, most errands can be accomplished on foot.
Substantial Living Space: Enjoy 3050 sq ft of living area spread across three stories.
Seven Bedrooms and Four Full Bathrooms: Offers abundant space for residents and guests.
Generous 6482 sq ft lot provides a wonderful outdoor area.
Multi‑Family Residence: Presents a unique opportunity to own a substantial piece of real estate with considerable potential.
Enduring Craftsmanship: Built in 1900.

We can help!

Contact an agent

Telma Silva

Learn more

For Sale

$749,990

Spacious multi-family property with seven bedrooms and ample outdoor space.

Type:Investment

Property size:

3,050 SF

Lot size:

0.15 Acres

Price / SF:

$245/SF

Added:: Apr 24, 2026
Days on Market:: 63
Last Refresh:: Apr 24 at 4:41 pm

Property Features for 609 King Philip St

General Information

Standard status: Active
Size: 3,050 SF
Lot size: 0.15 Acres
Property subtype: Investment

Building Details

Year Built: 1900

We can help!

Contact an agent

Telma Silva

Listing office Rosario Real Estate LLC

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 Rosario Real Estate LLC

HighLights

Walker's Paradise: With a walkScore of 91, most errands can be accomplished on foot.
Substantial Living Space: Enjoy 3050 sq ft of living area spread across three stories.
Seven Bedrooms and Four Full Bathrooms: Offers abundant space for residents and guests.
Generous 6482 sq ft lot provides a wonderful outdoor area.
Multi‑Family Residence: Presents a unique opportunity to own a substantial piece of real estate with considerable potential.
Enduring Craftsmanship: Built in 1900.

Overview

Located at 609 King Philip St in Fall River, Bristol County, this multi-family residence offers a substantial real estate opportunity. The property features 3050 square feet of living area across three stories, providing ample space for flexible living arrangements and design. The 6482 square foot lot offers an outdoor area suitable for creating a garden or space for outdoor activities. The residence includes seven bedrooms and four full bathrooms, providing space for residents and guests. The location has a walk score of 91, indicating it is a walker's paradise. The bike score is 58, making it bikeable. The transit score is 49, indicating some transit options are available.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$98.8k	$32.40
− Vacancy	−$6.7k	−$2.20
EGI	$92.1k	$30.20
− OpEx	−$41.4k	−$13.59
NOI	$50.7k	$16.61

3,050 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$723.6K

$633.2K – $844.3K (±1% cap)

NOI $50,655 @ 7.0% cap · market cap 6.75%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.86M

$1.63M – $2.17M (±1% cap)

NOI $130,018 @ 7.0% cap · market cap 17.34%

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Fall River
County: Bristol
State: Massachusetts
Longitude: -71.1779107
Latitude: 41.6833291

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For sale
Apartment buildings
MA
Fall River
02724
609 King Philip St

What type of property is this?

Apartment building - Spacious multi-family property with seven bedrooms and ample outdoor space.

Where is this apartment building located?

The property is located at 609 King Philip St Fall River, MA.

What is the asking price?

The asking price for this property is $749,990.

What are key features of this property?

This property features: Walker's Paradise: With a walkScore of 91, most errands can be accomplished on foot.; Substantial Living Space: Enjoy 3050 sq ft of living area spread across three stories.; Seven Bedrooms and Four Full Bathrooms: Offers abundant space for residents and guests.