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474 William St, Fall River, MA, 02721

$500,000

Home List Price

$5,938*

Closing Credit

6 Bedrooms
3 Full Baths
2,808 SqFt
$178/SqFt
Multi

Location

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474 William St, Fall River$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Paved
Garage2 spaces
Year Built1900
HeatingNatural Gas, Space Heater(s), Electric
CoolingOther, None
BasementYes
MLS #73311453
Lot Size0.08 Acres
StatusActive

About 474 William St

Introducing a prime investment opportunity in the rapidly revitalizing city of Fall River! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, Fall River is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown Fall River, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass FHA/VA Loan.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,808 SqFt

Listing Office:

  • Office Name: Lamacchia Realty, Inc.
  • Office Phone: (508) 677-3629
  • Listing Agent: Bradford Thelin

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Varies, Laminate, Hardwood, Tile
  • Interior: Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Pantry, Slider, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony/Deck, Balcony, Rain Gutters, Varies per Unit

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Space Heater(s), Electric
  • Cooling: Other, None

Other

Directions Information:

  • Directions: Use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $178/SqFt

Tax Information:

  • Annual Amount: $3,744
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fall River, MA.

Med. Sold Price

$472.2K

Med. Price/SqFt

$224

Avg. Days On Market

43

# of Sold Homes

46

474 William St vs Fall River

5 DAYS ON ROCKET

-38 Days

$500,000

+$27.7K More

$178/SqFt

-$46 Less

KEY TAKEAWAY

This property is $27.7K more than the Median Sold Price and $46/SqFt less than other homes in Fall River, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73311453

Listing Office:

  • Office Name: Lamacchia Realty, Inc.
  • Office Phone: (508) 677-3629
  • Listing Agent: Bradford Thelin

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 13, 2000Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,744$270,700
2020$3,397$235,100
2019$2,933$201,200
2018$3,091$211,400
2017$2,908$207,700

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-444081
2
/10
  • William S Greene

  • 409 Cambridge St

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-444082
3
/10
  • Carlton M. Viveiros Elementary School

  • 525 Slade St

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-444083
2
/10
  • Mary Fonseca Elementary School

  • 160 N Wall St

  • 1.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,190. The most common annual income of people living in Fall River, MA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Fall River, MA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Fall River, MA.

The housing landscape in Fall River is characterized by a mix of architectural styles, with a significant number of properties reflecting Victorian and colonial influences. Single-family homes are prevalent, but there is also a substantial presence of multi-family units and apartment complexes that cater to a range of preferences and needs. The market is diverse, with a blend of historic homes and more contemporary constructions, reflecting the city's long-standing residential development.

What is it like to live in Fall River, MA?

Fall River prides itself on its rich history and cultural heritage, with the Battleship Cove maritime museum and the annual Great Holy Ghost Festival highlighting the community's vibrant character. The city is celebrated for its waterfront attractions and the Lizzie Borden House, which adds a unique aspect to the local lore. Residents enjoy a sense of community bolstered by these shared cultural touchstones and events.

Is it easy to get around Fall River, MA without a car?

Residents of Fall River have access to a variety of essential services. The educational landscape includes numerous public schools at the elementary, middle, and high school levels, as well as private institutions that offer alternative educational opportunities. Healthcare is supported by local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. The city also features a public library system that serves as a resource for learning and community engagement. Retail and dining options are plentiful, reflecting the city's diverse cultural influences, with an emphasis on local cuisine and businesses.

Transportation in Fall River, MA.

Transportation options in Fall River facilitate both private and public transit needs. The city's bus service provides residents with connections to key areas within the city and neighboring communities, with varying schedules throughout the day. While ride-share services are available, the city also supports walkability in its more densely populated areas, with efforts to improve pedestrian infrastructure. Major highways, such as Interstate 195, offer convenient access for commuters and travelers, connecting Fall River to the broader region.

Rocket HomesMassachusettsBristol CountyFall River02721474 William St

This home is located at 474 William St in Fall River, MA and zip code 02721. This 2,808 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $500,000.

Over 20 listings were sold over their listed price in October 2024 in Fall River, MA. In the same period over 17 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Fall River, MA between September 2024 and October 2024 decreased by 1%. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $472,237.

From Rocket Homes Real Estate and based on county public records data.

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