Active
12 Days on market
859 Pine Fall River — Photo 1 of 3

859 Pine Fall River — Photo 1 of 3

$5,880,000

859 Pine, Fall River, MA 02720

Fall River, MA 02720

Beds

63

Baths

30

SqFt

24,918

Style

5-9 Family

Built

1899

This church-turned-residential apartment building, centrally located in the heart of Fall River, features 30 occupied residential units with updated appliances and spacious unit floor plans. Amenities provided to residents include a shared laundry room, off-street parking next to the building, and a keyless entry system. The property offers a well-balanced 30-unit residential portfolio, featuring five (5) three-bedroom units, twenty-three (23) two-bedroom units, and two (2) one-bedroom units. The diverse unit mix provides strong appeal to a broad tenant base and presents an attractive opportunity for investors seeking a sizable, income-producing multifamily asset with potential for long-term rental income and value appreciation.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$236/sqft
Local Avg (Fall River)$190/sqft
24% AboveMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Fall River, MA.

Property Details

Financials

Original Price$5,880,000
Annual Taxes$25,545

Parking

Garage0
Off-Street31

Interior Specifications

Total Rooms93
FireplacesNone
Flooring--
BasementFull, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone
RoofShingle
FoundationGranite
ZoningM

Property & Lot

Acres0.79
SqFt Lot34,412
Lot Features--

Amenities & Appliances

Range • Refrigerator

Geography

Population

30,940

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

Median Household Income

$62K

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

Renter-Occupied Homes

62.5%

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: Robert Berle

Listing Office: NAI Advisors

MLS® Number: 73569634

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