Active
18 Days on market
224 Tripp Street Fall River — Photo 1 of 16

224 Tripp Street Fall River — Photo 1 of 16

$649,000

224 Tripp Street, Fall River, MA 02724

Fall River, MA 02724

Investor Analysis

Beds

4

Baths

4

SqFt

2,184

Style

4 Family

Built

1900

Welcome to 224 Tripp Street a 4 family building consisting of all 1 bedroom units with total living space of 2,184 sq. ft. All units have been remodeled/updated since ownership in 2020 including new flooring, bathrooms, and kitchens. All units are individually metered for electric. Property comes with a great size yard that could be potentially turned into off street parking. There is potential to expand living space on 3rd floor into 2 additional units, or cottage style setup with 2nd floor units. Buyer's & Buyer's Agent to perform due diligence. Property is located near shopping, restaurants, schools, and major highway access. This property is a great first time buyer option, or a first time investor ready to start building their future portfolio.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$297/sqft
Local Avg (Fall River)$274/sqft
8% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fall River, MA.

Property Details

Financials

Original Price$649,000
Annual Taxes$6,228

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Vinyl, Carpet, Laminate
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningIND

Property & Lot

Acres0.13
SqFt Lot5,759
Lot Features--

Amenities & Appliances

Range • Refrigerator

Geography

Population

18,505

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$56K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

66.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Bristol County

1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Mario Pereira

Listing Office: eXp Realty LLC

MLS® Number: 73568550

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