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51 Summerfield St, Fall River, MA, 02720

6beds
3baths
2,808sqft
$649,900
$231price/sqft
$4,743/moest. monthly cost
$189,720/yrincome needed

About This Home

Turnkey 3-Family in Fall River’s North End – Strong Income Opportunity!Well-maintained 3-family home located in the desirable North End of Fall River, offering immediate rental income and solid long-term potential. Each apartment features 2 bedrooms, a modern kitchen with appliances, an updated bathroom, and a large, comfortable living room. All units are equipped with central heating, providing efficiency and convenience for tenants. This property is ideal for investors or owner-occupants looking for a clean, reliable income-producing asset in a great location close to shopping, schools, and major routes.Priced to sell at $649,900.

Getting Around

73
WalkingVery Walkable
41
TransitSome Transit
53
BikeBikeable

Schools

3/10
WestallGrades K-50.5 mi
3/10
Morton Middle SchoolGrades 6-80.6 mi
2/10
B M C Durfee High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 2,808

Interior Area

  • Total structure area: 2,808
  • Total interior livable area: 2,808 sqft

Property

Details

  • Parcel number: M:0M17 B:0000 L:0060,2832463
  • Zoning: G

Lot

  • Lot size: 3,228 sqft
  • Features: Cleared,Level

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 $3,286$39,432
Home Insurance *$280$3,360
Property Taxes $624$7,488
Electricity $553$6,644
Total$4,743$56,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,617/yr
40% on housing$142,290/yr
45% on housing$126,480/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

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 02720$218
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02720$264
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
2026-05-25Listed for sale$649,900
2009-08-29Listing removed$249,900
2009-07-26Listed for sale$249,900
1992-12-23Sold$135,000
1987-05-20Sold$109,000

For Sale by Agent

AgentHenry Alfonso
BrokerageAlfonso Realty Co.

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