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280 Ridge St, Fall River, MA, 02721

9beds
3baths
3,234sqft
$689,999
$213price/sqft
$5,083/moest. monthly cost
$203,320/yrincome needed

About This Home

Don't miss this exceptional opportunity to acquire a spacious three-family property in a high-demand rental market. Located at 280 Ridge St, Fall River, this income-producing asset offers over 3,200 square feet of living space across three levels, featuring 8 bedrooms and 3 full bathrooms.What sets this property apart is its strong income stability. Current rents are at market value, providing investors with reliable cash flow from day one. With continued strong rental demand throughout Fall River, this property offers a solid and dependable investment opportunity.Built in 1900, the property offers the charm and character of a classic New England multi-family while delivering the functionality today's tenants seek. The generous unit layouts provide ample living space, making them highly attractive to both current and future occupants.Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking rental income to offset your mortgage, this pro

Getting Around

87
WalkingVery Walkable
47
TransitSome Transit
54
BikeBikeable

Schools

4/10
2/10
B M C Durfee High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 3,234

Interior Area

  • Total structure area: 3,234
  • Total interior livable area: 3,234 sqft

Property

Details

  • Parcel number: M:0G07 B:0000 L:0052,2826013
  • Zoning: N/A

Lot

  • Lot size: 2,753 sqft
  • Features: Other

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 $3,489$41,868
Home Insurance *$294$3,528
Property Taxes $663$7,956
Electricity $637$7,652
Total$5,083$60,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,274/yr
40% on housing$152,490/yr
45% on housing$135,546/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

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 02721$225
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02721$228
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)

Price History

DateEventPrice
2026-06-23Price change$689,999
2026-05-20Listed for sale$699,999
2023-12-22Sold$550,000
2023-09-01Listed for sale$574,999
2023-08-30Listing removed--
2023-08-14Price change$584,999
2023-07-09Price change$594,900
2023-06-27Price change$599,900
2023-06-15Price change$614,900
2023-06-03Price change$629,999
2023-05-22Price change$639,999
2023-05-14Listed for sale$649,999
2023-03-02Sold$585,000
2023-02-12Listed for sale$579,900
2022-01-02Contingent$529,900
2021-12-29Listed for sale$529,900

For Sale by Agent

AgentNadege Cadet
BrokerageFast Plus Realty, Inc.

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