
229 Tripp Street Fall River — Photo 1 of 11
$975,000
Fall River, MA 02724
Beds
12
Baths
6
SqFt
4,968
Style
5-9 Family
Built
1900
Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Fall River, MA.
Range • Refrigerator
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
18,505
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$56K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
66.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
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 Agent: Mario Pereira
Listing Office: eXp Realty LLC
MLS® Number: 73565049
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