62 Morton st, Fall River, MA 02720
$1,379,000 · For sale
- 5,570 sq ft
- Multi-Family
- Built 1900
- MLS #73595734
8-UNIT CASH COW WITH STRONG INCOME & UPSIDE POTENTIAL! Excellent investment opportunity in Fall River featuring 8 well-maintained residential units with a proven rental history, stable income, and long-term tenants! The building consists of five 2-bedroom apartments, two 3-bedroom apartments, and one 1-bedroom apartment, offering a desirable unit mix totaling 17 bedrooms. All units have separately metered electric and individual heating systems, with tenants responsible for their own utilities. Off-street parking accommodates approximately 6–8 vehicles. New Roof approx. 2019. Currently generating $146,940 in annual gross rental income with approximately $116,572 in net income! Many tenants have not received rent increases since 2024 presenting an opportunity for future income growth. Most units are occupied by tenants at will providing additional flexibility for the next owner. 62 Morton st is a well-maintained, income-producing asset with established tenancy and excellent investment potential! Group showings begin this weekend. Call to schedule!
About this address
62 Morton st is a multi-family home for sale in Fall River, MA 02720 with 5,570 square feet, asking $1,379,000. It was built in 1900. It has been on our site since October 27, 2026.
At $248 a square foot, it compares with a median of $218 among the 85 other multi-family homes for sale in Fall River with a stated size.
The whole property at this address is assessed at $1,060,500 for fiscal year 2026. It last sold for $1,200,000 in April 2024. The assessor lists a lot of 0.17 acres.
It scores 58 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Fall River Depot (MBTA Fall River/New Bedford Line), about 0.5 miles away. The closest bus stop is N Main St and Weetmoe St (SRTA route 102), about 0.2 miles away.
The closest public schools by level are James Tansey (1.0 mile), Morton Middle (0.3 miles) and Stone PK-12 School (0.8 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73595734, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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