58 Downing St, Fall River, MA 02723 - Photo 1

1/1

$450,000

Sold
Closed
Multi-Family
3 Units
7 Total Beds
0.15 Acres
3 Car Garage

1/1

Property Description

Discover an exceptional investment/rehab opportunity in the heart of Fall River with this distinguished 3-unit multi-family property. Offering a total of seven bedrooms and three baths, this property is poised for transformation. The expansive one-level main unit features three bedrooms, while the two additional townhouse-style units with their unique two level layouts each provide two bedrooms. Outside, you'll find a fenced backyard, perfect for relaxation or outdoor fun. Parking is a breeze with street parking, private parking, and a three-car garage with two additional storage rooms. This property presents the perfect canvas for customization, allowing you to enhance its value and make it truly your own.

Full Property Details

Full Property Details for 58 Downing St

General

Sold For: $450,000
Taxes: $4,613 (2024)
Status: Closed
Type: Multi-Family
MLS ID: 73367236
Added to Site: 297 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 7

Parking

Garage: Yes
Garage Spaces: 3
Parking Features: Paved Drive, Tandem, Paved

Location

County: Bristol

Structural Information

Basement: Yes
Stories/Levels: 5
Square Feet: 3,305
Year Built: 1900

Lot Features

Lot Size (Acres): 0.15

Financial Considerations

Tax Amount: $4,613
Tax Year: 2024

Disclosures and Reports

Disclosures/Rstr.: Property is a legal 3-unit per the City of Fall River, but city requiring the installation of two new exterior egresses for Units 2 & 3. An engineer has commenced work on the plans for one of the egresses. City will not allow Units 2 & 3 to be rented until this is completed.
Property ID: M:0L04 B:0000 L:0044, 2830883

Listed by Compass, The Mathew J. Arruda Group and Mathew J. Arruda
Sold by RE/MAX Synergy, Legacy Direct Realty Team

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Listing agents

— 58 Downing St —

The Mathew J. Arruda Group

Compass
Mathew J. Arruda

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NMLS#: 1598647

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Schools

Schools serving 58 Downing St

School District:Fall River School District

Name	Grades	Distance
Mary Fonseca Elementary School 160 Wall Street, Fall River, MA 02720	K-5	0.5 mi
Talbot Innovation School 124 Melrose Street, Fall River, MA 02723	6-8	0.5 mi
B M C Durfee High School 360 Elsbree Street, Fall River, MA 02720	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 58 Downing St

Date

Details

Price

Change

Source

6/20/2025

Sold

$450,000

-9.98%

MLS

4/30/2025

Listed

$499,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Open House

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Updated 2 days ago

3
Beds
3
Total Baths
2,878
Sq. Ft.

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Just Listed

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Open House

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Single Family
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Updated 1 day ago

3
Beds
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Just Listed

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Open House

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Single Family
Active
Updated 1 day ago

3
Beds
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Total Bath
1,116
Sq. Ft.

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Single Family
Active
Updated 1 hour ago

3
Beds
2
Total Baths
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Single Family
Active
Updated 2 days ago

3
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Price Reduced

-$1,019,000 (-14.99%)

$5,780,000

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Lots/Land
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Acres

Price Reduced

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$400,000

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Multi-Family
Closed

3
Units
7
Total Beds
0.09
Acres

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Sold

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Multi-Family
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2
Units
4
Total Beds
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Acres

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Sold

$485,000

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Multi-Family
Closed

2
Units
4
Total Beds
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Acres

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Sold

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Single Family
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Beds
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Total Baths
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58 Downing St, Fall River, MA 02723 (MLS# 73367236) is a Multi-Family property that was sold at $450,000 on June 20, 2025. Want to learn more about 58 Downing St? Do you have questions about finding other Multi-Family real estate for sale in Fall River? You can browse all Fall River real estate or contact a Coldwell Banker agent to request more information.

58 Downing St Fall River, MA 02723