344 E Main St

Off Market

344 E Main St

Fall River MA 02724

11457 sq. ft.

5632 sq. ft.

Other

Last sold for $1,150,000

Derick Freitas, last sold this property on 08 May 2026 after 80 days on market.

Overview

Check out this solid income-producing 10-unit mixed-use building in Fall River with strong cash flow and serious upside potential. The property includes seven 3-bedroom residential units, all fully occupied. Five of the units have been recently updated, making them attractive to tenants and positioning the property well for future rent growth. Three-bedroom apartments are always in demand, helping maintain stable occupancy. On the first floor, public record shows three commercial units. One is currently leased and operating as a business, while the remaining two commercial units have been combined and are presently used for owner storage, presenting a prime opportunity for repositioning. The property is currently generating approximately $100,000 in annual NOI, with room to conservatively increase rents by an additional $45,000 per year. If you’re looking for a strong, cash-flowing asset with upside in a growing market, this one checks the boxes.

Features

21 bedrooms

9 bathrooms

3 carspaces

3 open car spaces

11457 sq. ft. floor area

5632 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 21 bedroom other properties sold in Fall River over the last 12 months.

Property history for 344 E Main St

2026

Sold

$1,150,000

08 May 2026 by Derick Freitas, of Amaral & Associates RE

2024

Sold

$775,000

05 Jan 2024 by Gualter Amarelo, of Alchemist Real Estate Group

2015

Sold

$350,000

05 Aug 2015 by Gil Diniz, of Prestige Realty Experts Inc.

Happy sellers in Fall River

We have insufficient information to provide an overview of customer satisfaction for Fall River. Viewing the agent profiles, reviews and sales for Fall River can provide insights for this location.

Local market activity for 21 bedroom other properties in Fall River

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Fall River for a market analysis.

Jose Ferreira

at Morello Real Estate

(58 reviews)

Get a market analysis

Matthew Daylor

at Keller Williams South Watuppa

(43 reviews)

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Christopher J Paiva

at Paiva Real Estate Services, LLC

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The Ponte Group

at Keller Williams South Watuppa

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fall River

Jose Ferreira

Sellers who recommend Jose Ferreira have praised them for being local expert, responsive, supportive, clear communication, detail-oriented, dedicated, and friendly