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You are here:
Home Massachusetts Fall River Multi-Family Homes for Sale

489 Spring St. Fall River, MA 02721

$999,900
3 Unit
9 Beds
3 Baths
4346 SQFT
0.08 Acre
489 Spring St.
Fall River, MA 02721

Property Description

Welcome to this newly built 3-family home, conveniently located on a corner lot near downtown Fall River just one block from the bus station and just over a mile to the MBTA commuter rail. Property was rebuilt from the foundation up with each unit featuring over 1,400 sq ft of living space, 3 bedrooms, 1 full bath, an open floor plan with 9’ ceilings, hardwood ...

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Private School, Public School, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Interior Access, Walk Out
  • Common Rooms: Kitchen, Living RM/Dining RM Combo
  • Common Interior Features: Bathroom With Tub & Shower, Intercom, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 91200
  • Net Operating Income: 91200

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Electric Info: 100 Amps, 110 Volts, 220 Volts, 60 Amps/Less, At Street, Circuit Breakers, Individually Metered, None, On-Site, Other (See Remarks), Underground, Varies per Unit
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Conventional (2x4-2x6), Frame
  • Foundation Info: Granite
  • Roof Material: Asphalt/Composition Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73391481
  • Last Updated: 07/10/25
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/10/2025Contingent$999,900$230MLSPIN
06/20/2025Active$999,900$230MLSPIN
06/16/2025New$999,900$230MLSPIN
02/26/2024Sold$320,000$92MLSPIN
01/24/2024Under Agreement$282,500$81MLSPIN
01/12/2024Active$282,500$81MLSPIN
01/08/2024Price Change$282,500$81MLSPIN
12/11/2023Active$312,000$90MLSPIN
11/28/2023New$312,000$90MLSPIN

Mortgage Calculator

Monthly Breakdown (Show Total)
$5,556.00/Mo91.0%9.0%0-50005001000150020002500300035004000450050005500Principal & InterestProperty TaxPMIMonthly HOAHomeowner's Insurance
Principal & Interest:$5,056
Property Tax:$500
PMI:$0
Monthly HOA:$0
Homeowner's Insurance:$0
Monthly Payment: $5,556

Home Value : $

Down Payment : $199980 - %

Interest Rate (%) : %

Mortgage Term : Years

Start After : Month

Annual Property Tax : %

Homeowner's Insurance : $

Monthly HOA : $

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View Breakdown

Map & Resources

Mastery School of Independent Learning

Private School, Grades: PK-8

0.25mi

John J Doran Annex

School

0.27mi

Bristol Community College

University

0.43mi

Bark School

School

0.43mi

Ss Peter + Paul

Private School, Grades: PK-8

0.51mi

Saints Peter and Paul School

School

0.51mi

McDonough School

School

0.51mi

John J Doran School

Public Elementary School, Grades: PK-8

0.51mi

Honey Dew

Donut & Coffee Shop

0.39mi

Dunkin'

Donut & Coffee Shop

0.16mi

Dunkin'

Donut & Coffee Shop

0.24mi

McDonald's

Burger (Fast Food)

0.3mi

Taco Bell Cantina

Tex Mex (Fast Food)

0.37mi

Burger King

Burger (Fast Food)

0.42mi

KFC

Chicken (Fast Food)

0.44mi

Boston Market

American & Chicken (Fast Food)

0.49mi

Saint Anne's Hospital

Hospital

0.48mi

Charlton Memorial Hospital

Hospital

0.85mi

Corrigan Mental Health Center

Hospital. Speciality: Psychiatry

0.79mi

Fall River Fire Department

Fire Station

0.64mi

Fall River Fire Department

Fire Station

1.13mi

Fall River Fire Department

Fire Station

1.38mi

Fall River Fire Department

Fire Station

1.45mi

Fall River City Police Dept

Local Police

0.62mi

Narrows Center for the Arts

Gallery

0.5mi

Children’s Museum of Greater Fall River

Museum

0.69mi

American Little League

Sports Centre. Sports: Baseball

1.28mi

American Little League

Sports Centre. Sports: Baseball

1.3mi

New Age Taekwondo Fall River

Fitness Centre. Sports: Martial Arts, Taekwondo, Boxing, Mixed Martial Arts, Kickboxing, Karate, Muay Thai

0.49mi

Planet Fitness

Fitness Centre

1.36mi

Griffin Playground

Park

0.21mi

Quequechan Rail Trail

Park

0.37mi

Heritage Park

Park

0.38mi

QRT Rodman Street connector

Park

0.42mi

Kennedy Park

Municipal Park

0.46mi

Gates of the City

Park

0.48mi

Quequechan Rail Trail

Park

0.48mi

Fall River Heritage State Park

State Park

0.49mi

Turner Playground

Playground

0.58mi

North Park Playground

Playground

1.28mi

Bank of America

Bank

0.26mi

St. Anne's Credit Union

Bank

0.63mi

JPEAUTY

Cosmetics, Eyelash

0.2mi

Speedway

Gas Station

0.55mi

Speedway

Gas Station

1.25mi

Fall River Public Library

Library

0.38mi

Fall River Law Library

Library

0.71mi

South Branch Library

Library

0.95mi

Speedway

Convenience

0.55mi

Low Price Convenience

Convenience

1.1mi

Cloverdale Convenience Store

Convenience

1.24mi

Speedway

Convenience

1.24mi

Stop & Shop

Supermarket

0.3mi

Portugalia Marketplace

Supermarket

0.44mi

Chaves Market

Supermarket

0.58mi

Walmart Supercenter

Supermarket

1.09mi

Seller's Representative: Christopher J. Paiva, Paiva Real Estate Services, LLC
MLS ID#: 73391481

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-07-10 15:42:00