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Sold on 03/25/2026
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302-316 Hope St, Fall River, MA 02721

  • $1,800,000

    Last sold 03/25/2026 after 64 Days

  • 24

    bed

  • 9

    bath

  • 9,402

    Sqft ($191/Sqft)

Multi-family not for sale
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About 302-316 Hope St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 0.32 Acre
Movoto estimate
Property description
Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization.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, making this an especially compelling
Listed by
Listing Agent - Adam Jaspon
Listing Office - Choose Boston, LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73470285 • last updated 1 month ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
Overview
Levels/Style 3, 3
MLS # 73470285
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 9402
Lot Size (SqFt) 13926
Lot Size (Acres) 0.32
Annual Property Tax 14898
Year Built 1900
Interior
Total # of Bathrooms 9
# Full Baths 9
Total # of Bedrooms 24
Total # of Rooms 45
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Shingle
Parking Desc Paved Drive, Off Street
# Parking Spaces 14
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Bristol
Directions Google
Multifamily Details
Net Operating Income 43200
Total Actual Rent 15000
Financial Data Source Owner
Gross Income 180000
Lot/ Land Details
Road Frontage Public
Road Surface Paved
$1.89M
Range: $1.7M-$2.08M
Last 30 days 
  • May 2026
    mls logo MLS # 73470285
  • May 1, 2026 Sold
    $1,800,000 (-1.4%)
  • Jan 20, 2026 Listed
    $1,825,000 (+630.0%)
  • Aug 2017
    mls logo MLS # 72214826
  • Aug 16, 2017 Listed
    $250,000
  • 302-316 Hope St
    $1.8M
  • Sandy Beach
    $439K -9% y/y
  • 02721
    $444K +5% y/y
  • Fall River
    $444K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 302-316 Hope St
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