3 Family at 692 Penn St, Fall River MA 02724, Fall River
3 Family at 692 Penn St, Fall River MA 02724, Fall River, photo 2 of 17
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17 photos

$550,000

692 Penn St, Fall River MA 02724
Fall River, MA 02724
Listed by Christina Almeida
Bedrooms
8
Bathrooms
3
Living area
4,358 sqft
Year built
1900

About this home

Highest and best by 5 pm today. Spacious 3-family located close to the Tiverton line, offering 8 bedrooms, 3 baths, and generous living space. This property features off street parking, a fenced in backyard, and plenty of storage in the basement, providing added convenience for both owners and tenants. Cosmetic updates are a plus, and additional improvements within the units will help maximize rental income, making this an excellent opportunity for investors or owner-occupants. Conveniently located near shopping, dining, schools, public transportation, and major commuter routes. A strong multi-family investment with long term value. Property will be delivered vacant.

Property details

MLS
MLS Property Information Network
MLS #
73590780
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
4
On market date
October 14, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
3
Lot size
0.12 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Carlton M. Viveiros Elementary School
0.31 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
714
Student:teacher ratio
14.6:1
District
Fall River
Middle
Matthew J Kuss Middle
0.73 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
707
Student:teacher ratio
13.9:1
District
Fall River
HighCharter
Argosy Collegiate Charter School
0.99 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
566
Student:teacher ratio
13.2:1
District
Argosy Collegiate Charter School (District)

Walkability

Blended score for Fall River's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks7
Schools12
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Fall River, from live MLS data.

On the market 4 days -- 106 fewer days than Fall River's current average of 110 days.
For reference, the median list price across 720 active listings in Fall River right now is $379,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.