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201 Wade St, Fall River, MA, 02721

3beds
3baths
1,584sqft
$475,000
$300price/sqft
$3,413/moest. monthly cost
$136,520/yrincome needed

About This Home

Turnkey, fully renovated and completely vacant 3-family offering endless possibilities for investors and owner-occupants alike. All three units have been beautifully updated, making this a true move-in-ready investment with the ability to set your own market rents from day one. The property features a detached garage, off-street parking, and a spacious backyard perfect for entertaining, gardening, or tenant enjoyment. Major improvements throughout provide peace of mind and low maintenance for years to come. Conveniently located near shopping, restaurants, schools, public transportation, and major highways. Whether you're looking to expand your portfolio with a strong income-producing asset or occupy one unit while the others help pay your mortgage, this property checks all the boxes. If you don't need the garage you can rent that out for added income as well! Rarely does a fully vacant, renovated three-family become available—schedule your private showing today!

Getting Around

93
WalkingWalker's Paradise
50
TransitGood Transit
67
BikeBikeable

Schools

4/10
2/10
B M C Durfee High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Asphalt/Composition Shingles
  • Construction materials: Conventional (2x4-2x6)

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 1,584

Interior Area

  • Total structure area: 1,584
  • Total interior livable area: 1,584 sqft

Property

Details

  • Parcel number: M:0I15 B:0000 L:0041,2828408
  • Zoning: A-2

Lot

  • Lot size: 2,383 sqft
  • Features: Cleared

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 2

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 $2,401$28,812
Home Insurance *$202$2,424
Property Taxes $456$5,472
Electricity $354$4,259
Total$3,413$40,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,017/yr
40% on housing$102,390/yr
45% on housing$91,013/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

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 02721$224
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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$475,000
2026-07-23Price change$475,000
2026-07-15Listed for sale$499,999
2020-10-30Sold$225,000
2020-07-28Listing removed$234,900
2020-07-28Price change$234,900
2020-07-28Pending sale$241,900
2020-07-01Price change$241,900
2020-06-16Price change$245,000
2020-06-05Listed for sale$250,000
2016-12-08Sold$106,000
2016-11-13Pending sale$129,000
2016-11-06Price change$129,000
2016-09-26Listed for sale$142,000
2001-06-29Sold$42,500
2000-05-23Sold$34,900
1994-06-03Sold$88,900
1988-06-08Sold$100,000
1987-04-27Sold$89,900

For Sale by Agent

AgentGary Gagne Jr.
BrokerageFreedom Realty Group LLC

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