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29 Palmer St, Fall River, MA, 02724

9beds
3baths
3,300sqft
$699,900
$212price/sqft
$5,195/moest. monthly cost
$207,800/yrincome needed

About This Home

Great opportunity to own this well-maintained 3-family with 2 units bringing in 47,400 with separate owners unit.. property offering strong income potential and spacious unit layouts. Each unit features 3 bedrooms, 1 full bath, and comfortable living and dining areas with updated finishes including stone countertops and laminate flooring. Bright interiors with ceiling fans and efficient layouts make these units attractive for both tenants and owner-occupants alike. The property includes a full basement for storage, off-street parking, and low-maintenance vinyl exterior. Conveniently located near public transportation, parks, schools, laundromats, houses of worship, and major highway access, providing easy connectivity and everyday convenience. Whether you're expanding your portfolio or seeking a multi-unit property with solid long-term value, this is a fantastic opportunity in a centrally located Fall River neighborhood.

Getting Around

88
WalkingVery Walkable
36
TransitSome Transit
61
BikeBikeable

Schools

2/10
2/10
B M C Durfee High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Granite
  • Roof: Shingle
  • Construction materials: Frame,Conventional (2x4-2x6)

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Bulkhead,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Stone/Granite/Solid Counters,Bathroom With Tub & Shower,Smart Thermostat,Living Room,Dining Room,Kitchen
  • Window features: Screens
  • Flooring: Laminate
  • Finished area above ground: 3,300

Heating & Cooling

  • Heating features: Baseboard,Oil,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,300
  • Total interior livable area: 3,300 sqft

Property

Details

  • Parcel number: M:0G16 B:0000 L:0004,2826470
  • Zoning: N/A
  • Foundation area: 1040

Features

  • Patio & porch: Porch
  • Exterior features: Rain Gutters

Lot

  • Lot size: 3,330 sqft

Parking

  • Total spaces: 3
  • Parking features: Paved Drive,Shared Driveway,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$334$4,008
Property Taxes $672$8,064
Electricity $650$7,808
Total$5,195$62,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$178,114/yr
40% on housing$155,850/yr
45% on housing$138,533/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 02724$222
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02724$255
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-31Listed for sale$699,000
1998-06-04Sold$80,000

For Sale by Agent

AgentRonald Rusin
BrokerageLamacchia Realty, Inc.

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