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Sold on 12/04/2021

288 Locust St, Fall River, MA 02720

  • $663,000

    Last sold 12/04/2021 for $449K

  • 9

    bed

  • 8

    bath

  • 3,404

    Sqft ($132/Sqft)

Multi-family not for sale
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About 288 Locust St

Property type Multi-family
Neighborhood
Year built 1850
HOA fee $0/month
Lot size 3,319 Sqft
Movoto estimate
Property description
Beautifully maintained 4 family located in the lower highlands, corner lot, close to major highways, (24, 79, 195) 1 and 2 bdrm units on first floor, 2 and 3 bdrm on second floor, new deck 2021, separate heating and electric 8yrs, new roof 2020, sump pump 2020, water heater 5 yrs, hardwoods throughout, rents are below market value due to long time tenants, 1 unit is currently vacant, 3 units occupied, all tenants at will. With increased rents, this can be a great investment opportunity generating up to $50,000/yr, you don't want to miss out on this one!
Listed by
Listing Agent - Lee Ann Phillips
Listing Office - Success! Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#72924388 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 8 minutes ago
Overview
Levels/Style 6
MLS # 72924388
Type Residential Income
Status Closed
SubType 4 Family - 4 Units Side By Side
SqFt 3404
Lot Size (SqFt) 3319
Lot Size (Acres) 0.08
Annual Property Tax 3814
Year Built 1850
Interior
Total # of Bathrooms 8
# Full Baths 4
# Half Baths 4
Total # of Bedrooms 9
Total # of Rooms 19
Flooring Wood
Appliances Gas Water Heater, Utility Connections For Gas Range, Utility Connections For Gas Oven
Window Features Insulated Windows
Exterior
Foundation Stone, Brick/Mortar
Roof Shingle
Construction Frame
Parking Desc Off Street
# Parking Spaces 1
Patio/ Porch Porch, Deck
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Gas Oven
Water Source Public
Location
County Bristol
Community Features Public Transportation, Shopping, Highway Access, House Of Worship, Private School, Public School
Zoning A-2
APN M:0O01 B:0000 L:0053, 2833674
Directions Corner Of June And Locust
Multifamily Details
Net Operating Income 22059
Operating Expense 6681
Total Actual Rent 2395
Financial Data Source Owner
Expense: Water/ Sewer 2034
Gross Income 28740
Expense: Electricity 583
Gross Scheduled Income 250
Lot/ Land Details
Road Responsibility Public Maintained Road
Road Surface Paved
$663K
Range: $543K-$782K
Last 30 days 
  • Jul 2022
    mls logo MLS # 72924388
  • Jul 18, 2022 Sold
    $449,900
  • Dec 4, 2021 Pending
    —
  • Dec 4, 2021 Active
    —
  • Dec 4, 2021 Under Agreement
    —
  • Dec 1, 2021 Listed
    $449,900
  • 288 Locust St
    $449K
  • Lower Highlands
    $450K +7% y/y
  • 02720
    $439K +22% y/y
  • Fall River
    $439K +3% y/y
No chart available
Statistics calculated by Movoto

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2/10
Mary Fonseca Elementary School
public Grades PK, K-5
Fall River School District
2/10
Morton Middle School
public Grades 6-8
Fall River School District
2/10
B M C Durfee High School
public Grades 9-12
Fall River School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Bristol County
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  • 288 Locust St
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Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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 in 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.
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