Sold for $1,025,000

$1,025,000

159 Cherry St, Fall River, MA 02720

6beds

6,720sqft

5-9 Family

Built in 1875

-- sqft lot

$-- Zestimate^®

$153/sqft

$1,465 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,465/mo

Zestimate^® history

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$6,438/mo

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$6,438/mo

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What's special

Solid income producing 7-unit mixed use building in prime location!This large and meticulously renovated property boasts 6 spacious 1-bedroom apartments, a high-visibility corner storefront, and a 2-car garage making additional income. Enjoy stunning Braga Bridge and Battleship Cove views from some units. Recent upgrades include new kitchens, bathrooms, roof, vinyl floors throughout, carpet wall to drywall, windows, lead certificates, sewer line, and more. All units have forced hot air heating. A completely renovated unit is vacant, offering flexibility, while others house high-quality tenants providing steady income with potential for market rate increases. Store rent is $2200 with a 5yr auto escalation lease.Bonus! A brand new commuter rail station with imminent Boston access is a 15-minute walk. Plus, the revitalized Taunton Riverfront with exciting development is just steps away.Opposite a brand new condo development this area offers strong appreciation in the near future

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 8
Full bathrooms: 6
1/2 bathrooms: 2

Features

Flooring: Vinyl
Windows: Insulated Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 6,720
Total interior livable area: 6,720 sqft

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street, Paved
Garage spaces: 2
Uncovered spaces: 4

Features

Has view: Yes
View description: Scenic View(s), Water, River
Has water view: Yes
Water view: River,Water
Waterfront features: Waterfront, River

Lot

Size: 5,410 Square Feet
Features: Corner Lot

Details

Parcel number: 2833399
Zoning: B

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Brick, Stone
Foundation: Stone, Brick/Mortar
Roof: Shingle

Condition

Year built: 1875

Utilities & green energy

Electric: 110 Volts, Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Park, Walk/Jog Trails, Laundromat, Marina, T-Station

Location

Region: Fall River

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $748,700
Annual tax amount: $11,373
Date on market: 12/21/2025
Exclusions: Security Camera In The Backyard And Tenant Belongings
Total actual rent: 10300

Price history

Date	Event	Price
9/30/2024	Sold	$1,025,000$153/sqft
Source: MLS PIN #73259991 Report a problem
7/26/2024	Contingent	$1,025,000$153/sqft
Source: MLS PIN #73259991 Report a problem
7/18/2024	Price change	$1,025,000-2.4%$153/sqft
Source: MLS PIN #73259991 Report a problem
7/3/2024	Listed for sale	$1,050,000+107.9%$156/sqft
Source: MLS PIN #73259991 Report a problem
9/17/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/8/2022	Price change	$1,050-12.5%
Source: Zillow Rental Manager Report a problem
8/17/2022	Listed for rent	$1,200
Source: Zillow Rental Manager Report a problem
3/17/2020	Sold	$505,000-3.8%$75/sqft
Source: Public Record Report a problem
12/13/2019	Pending sale	$525,000$78/sqft
Source: Goodrow Realty Corp. #72586173 Report a problem
10/30/2019	Listed for sale	$525,000+9.4%$78/sqft
Source: Goodrow Realty Corp. #72586173 Report a problem
1/17/2006	Sold	$480,000$71/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,613	$940,600 +25.5%
2024	$8,613 +25.2%	$749,600 +18.2%
2023	$6,879	$634,100 +16.3%
2022	$6,879	$545,100 +9.8%
2021	--	$496,300 +51.6%
2020	--	$327,300 +12.8%
2019	--	$290,100 -18.2%
2018	--	$354,600
2017	--	$354,600
2016	--	$354,600
2015	--	$354,600 -7.6%
2010	$3,469 +2.6%	$383,700 -8.5%
2009	$3,380	$419,300
2008	--	$419,300 +5%
2007	--	$399,500 +15.9%
2006	--	$344,600 +11.7%
2005	--	$308,400 +34.1%
2004	--	$229,900 +33.9%
2003	$1,839	$171,700
2002	--	$171,700 +5.9%
2000	--	$162,200 -2.5%
1995	--	$166,400