
131 Foster St Fall River — Photo 1 of 30
$469,000
Investment Analysis — 131 Foster St
Fall River, MA 02721
Based on rent reported on the MLS listing, a 2-unit multi-family in 02721 carries $700/mo in gross rent — about a 0.47% cap rate and $2,220/yr in estimated NOI at the $469,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
1,692
Style
2 Family - 2 Units Up/Down
Built
1922
Opportunity awaits with this versatile, clean, well maintained 2-family home in Fall River, offering a great setup for an owner-occupant looking to offset expenses with rental income, an investor, or those seeking multi-generational living. The first-floor unit offers a cozy 1-bedroom layout featuring a fully remodeled eat-in kitchen and bathroom, in-unit laundry, updated electrical, and the comfort of central heat and air conditioning. The spacious second unit spans two levels. The main level features an open living room with a wood stove, half bath, kitchen, and dining room with sliders leading to the deck. A ductless mini-split was added to this level in 2022 for additional heating and cooling comfort. Upstairs, you'll find three bedrooms and a full bathroom, providing plenty of room to spread out. Unit 2 also has access to laundry in the basement. With two distinct living spaces and flexible options for how you use them, this property offers an excellent opportunity to make homeownership work for you! Convenient access to public transportation, Routes 24 and I-195, plus the Fall River MBTA Commuter Rail offering direct service to Boston.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Disposal • Microwave • Refrigerator • Freezer • Washer/Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Listing Agent: Stacy Diphillipo
Listing Office: EXIT New Options Real Estate
MLS® Number: 73565258
