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INVESTMENT SNAPSHOT
About this property
Price Improvement! Great four family investment property. Perfect for an owner occupied investor. Three one bedroom units and one studio apartment. Studio apartment could be expanded into a one bedroom. Currently, all four units are occupied. Off-street parking for 4 cars including a two car garage. Located on a corner lot close to a park. Gas and Electric are included in the rent.
Property details
| Units | 4 |
| Living area | 2,427 sqft |
| Lot size | 5,467 sqft |
| Year built | 1930 |
| Price / sqft | $247 |
| County | Bristol |
| MLS # | 73502349 |
Listing status
| Days on market | 47 days |
| Listed on | April 15, 2026 |
Taxes & financials
| Annual property tax | $6,376 |
| Tax year | 2026 |
| Assessed value | $555,400 |
| Zoning | A-2 |
| Gross income (actual) | $61,200/yr |
| Net operating income (actual) | $61,200/yr |
| Total actual rent | $5,100/mo |
Building & lot
| Stories | 4 |
| Total rooms | 11 |
| Lot size | 0.13 acres |
| Garage spaces | 2 |
| Parking spaces | 4 |
| Parking | Off Street, Unpaved |
| Basement | Crawl Space, Finished, Partially Finished |
| Foundation | Granite |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Varies, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Fall River →
Listing courtesy of Dan Quintal Real Estate — Daniel Quintal. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 609 Cherry St, Fall River MA 02720 have?
It is a 4-unit multi-family property with 2,427 sqft of living area, built in 1930.
How long has 609 Cherry St, Fall River MA 02720 been on the market?
609 Cherry St, Fall River MA 02720 has been listed for 47 days (since April 15, 2026).
What is the estimated cap rate on this 4-family in Fall River?
Based on area median rents, the estimated cap rate is about 7.8%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $599,000 across 4 units, that works out to roughly $149,750 per unit.
What are the property taxes on 609 Cherry St, Fall River MA 02720?
Annual property taxes are $6,376 (2026), on an assessed value of $555,400.
What is the price per square foot?
At $599,000 for 2,427 sqft, that's about $247 per square foot.
Is there parking?
2 garage spaces and 4 total parking spaces (off street, unpaved).
Where is this property located?
609 Cherry St, Fall River MA 02720 is in Fall River, Bristol County, MA 02720.
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