
74 California St Fall River — Photo 1 of 42
Recent Drop: $35,000
$685,000
Investment Analysis — 74 California St
Fall River, MA 02723
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-unit multi-family in 02723 carries an estimated $3,640/mo in gross rent — about a 4.14% cap rate and $28,358/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2.5
SqFt
2,391
Style
Multi Family
Built
1925
**OPEN HOUSE ON 9/13 CANCELED**Pride of ownership is evident throughout this meticulously maintained two-family home with a 3rd floor cottage style setup and detached garage, all to be delivered completely vacant for the new owner. Enclosed front porch, balcony, and 2 spacious decks overlooking the backyard. Owner-occupied and exceptionally well cared for, this property features a long driveway offering ample off-street parking, a detached garage, and beautifully maintained interior and exterior spaces. The second and third levels have been extensively updated, with the finished 3rd floor providing exceptional flexibility and featuring a bedroom, full bathroom, half bath, comfortable living area, and built-in desk creating an ideal home office space. Move-in ready with nothing left to do but unpack, this is an excellent opportunity for both owner-occupants and investors. FHA friendly, full basement with plenty of room for storage, laundry hook ups and a full door to the backyard. New roof installed in 2023. Scheduling showings for Tuesday, September 8th - 5:00pm-6:00pm.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Highway Access • Public School • T-Station
Geography
Property History
$685,000
Was $699,000
Sep 2, 2026
MLS® 73550010
$699,000
Was $699,900
Aug 25, 2026
MLS® 73550010
$699,900
Was $720,000
Jul 31, 2026
MLS® 73550010
$720,000
Jul 15, 2026
MLS® 73550010
Listing Agent: Melisa Gagne
Listing Office: RE/MAX Vantage
MLS® Number: 73550010