Active Under Contract
38 Days on market
533 Locust St #5 Fall River — Photo 1 of 22

533 Locust St #5 Fall River — Photo 1 of 22

Recent Drop: $5,000

$229,900
$224,900

$224,900

Investment Analysis — 533 Locust St #5

Fall River, MA 02720

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-bedroom in 02720 carries an estimated $1,620/mo in gross rent — about a 3.23% cap rate and $7,275/yr in estimated NOI at the $224,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,300

Style

Condominium

Built

1900

Rare opportunity to own a character-filled condo in Fall River’s desirable Highlands neighborhood. This beautifully appointed residence showcases timeless original details, including crown molding, soaring ceilings, hardwood floors, oversized doors, and elegant marble fireplaces. Conveniently located near Charlton Memorial Hospital, North Park, and the MBTA commuter rail. These distinctive condos are moving quickly. Don’t miss your chance to make one yours!

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$229,900
Annual Taxes--
HOA Fee$400

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
Fireplaces2
Flooring--
BasementN

Climate & Utilities

HeatingNatural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningA-2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Property History

Price Drop
$224,900

Was $229,900

Sep 9, 2026

MLS® 73559815

Listed
$229,900

Aug 5, 2026

MLS® 73559815

Listing Provided By

Listing Agent: The J. Pavao Team

Listing Office: Keller Williams South Watuppa

MLS® Number: 73559815