Fall River 4 Bed 2 Bath Multi-Family Home for Sale

63 Days on Boston Pads

Price Reduced $25,000

38 Photos

$524,900

2 Unit

4 Beds

2 Baths

1834 SQFT

0.14 Acre

65 Eastern Ave.

Fall River, MA 02723

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Property Description

PRICE IMPROVEMENT - Welcome to 65 Eastern Ave, an updated two-family offering an attractive opportunity for both owner-occupants and investors. Each unit features 2 bedrooms and 1 full bath, along with separate utilities, central heating and A/C, private decks, and access to a fenced-in yard. The property underwent significant improvements in 2019, including the roof, siding, windows, flooring, cabinetry, walls, and mechanical systems, providing a strong foundation for continued ownership. The first-floor unit is currently rented at $1,850 per month and will be delivered vacant at closing, offering the next owner the flexibility to occupy the unit or secure a new tenant. The second-floor unit is currently leased at $1,800 per month, with combined current rents of $3,650 per month. Conveniently located with access to shopping, dining, public transportation, and major highway routes. With substantial improvements already completed, established rental history, separate utilities, and the flexibility of a vacant first-floor unit at closing, 65 Eastern Ave offers a compelling opportunity for owner-occupants and investors alike.Affordable Housing Restriction (AHR) through 7/26/2034. Investors have no income eligibility requirement; affordable rental requirements apply. Owner-occupants must be at or below 80% AMI. Buyer/agent to verify all requirements with CDA.

Property Overview

Building Information

Total Units: 2
Total Floors: 2
Total Bedrooms: 4
Total Full Baths: 2
Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Unfinished Basement
Common Rooms: Kitchen, Living Room
Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Lead Certification Available, Storage, Upgraded Cabinets, Upgraded Countertops, Walk-Up Attic
Common Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
Common Heating: Central Heat, Electric, Extra Flue, Gas, Heat Pump
Common Cooling: Central Air

Financial

APOD Available: No
Gross Operating Income: 43800
Net Operating Income: 43800

Utilities

Electric Info: 200 Amps, Individually Metered
Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
Water: City/Town Water, Private
Sewer: City/Town Sewer, Private

Unit 1 Description

Included in Rent: Water
Under Lease: Yes
Floors: 1
Levels: 1

Unit 2 Description

Included in Rent: Water
Under Lease: Yes
Floors: 2
Levels: 1

Construction

Year Built: 2019
Type: 2 Family - 2 Units Up/Down
Construction Type: Aluminum, Frame
Foundation Info: Granite
Roof Material: Aluminum, Asphalt/Fiberglass Shingles
Flooring Type: Wood
Lead Paint: Certified Treated, None
Warranty: No

Other Information

MLS ID# 73559760
Last Updated: 09/14/26

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This mortgage calculator is for informational and educational purposes only. The calculated figures are estimates and do not constitute a loan application, pre-approval, commitment to lend, official quote, or financial, legal, or tax advice. Available interest rates, HOA dues, taxes, other fees, and actual payments may change with market conditions, property location, loan terms, borrower qualifications, and lender requirements. Lender fees, closing costs, and other charges are not included; your actual payment may be higher. PMI removal is estimated at 20% equity and is subject to your lender’s requirements. Speak with your lender for rates, costs, and terms specific to your loan.

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Map & Nearby Places

Davol School

School

0.27mi

Davis School

School

0.29mi

Eastern Avenue School

School

0.3mi

Notre Dame

Private School, Grades: PK-8

0.34mi

Talbot Innovation School

Public Middle School, Grades: 6-8

0.41mi

Aldrich School

School

0.45mi

Boys Club Alternative School

Private School, Grades: 1 - 5

0.46mi

Diman Regional Vocational Technical High School

Vocational/Technical/High School, Grades: 9-12

0.46mi

Honey Dew

Donut & Coffee Shop

0.83mi

Subway

Sandwich (Fast Food)

0.29mi

Dunkin'

Donut & Coffee Shop

0.42mi

Mister Chicken

Chicken (Fast Food)

0.65mi

Dunkin'

Donut & Coffee Shop

0.66mi

Dunkin'

Donut & Coffee Shop

0.74mi

Wendy's

Burger (Fast Food)

0.78mi

Boston Market

American & Chicken (Fast Food)

0.78mi

Fall River City Police Dept

Local Police

0.6mi

Corrigan Mental Health Center

Hospital. Speciality: Psychiatry

1.04mi

Charlton Memorial Hospital

Hospital

1.05mi

Saint Anne's Hospital

Hospital

1.56mi

Fall River Fire Department

Fire Station

0.29mi

Fall River Fire Department

Fire Station

1.32mi

Fall River Fire Department

Fire Station

1.5mi

Children’s Museum of Greater Fall River

Museum

1.39mi

Watuppa Reservation

Municipal Park

1.11mi

Lafayette Park

Municipal Park

0.14mi

Britland Park

Municipal Park

0.55mi

Jose Silva Playground

Municipal Park

0.57mi

Watuppa Reservation

Park

0.58mi

Father Travossos Park

Municipal Park

0.58mi

Quequechan Rail Trail

Park

0.62mi

Quequechan Rail Trail

Park

0.66mi

St. Anne's Credit Union

Bank

1.1mi

Bank 5

Bank

1.18mi

Bank of America

Bank

1.34mi

Eden Nails

Nails

1.18mi

Speedway

Gas Station

0.08mi

Speedway

Gas Station

0.68mi

William M. McHenry Memorial Library

Library

0.38mi

Medical Library

Library

1.18mi

Speedway

Convenience

0.08mi

Speedway

Convenience

0.68mi

Portugalia Marketplace

Supermarket

0.82mi

Walmart Supercenter

Supermarket

0.85mi

Stop & Shop

Supermarket

1.07mi

Daou Market

Supermarket

1.18mi

Seller's Representative: Alexander Holden, Marble House Realty, Inc.
MLS ID#: 73559760

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 2026-09-14 03:05:00