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155 Friendship St Fall River — Photo 1 of 42

155 Friendship St Fall River — Photo 1 of 42

$649,900

Investment Analysis — 155 Friendship St

Fall River, MA 02724

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02724 carries an estimated $1,860/mo in gross rent — about a 1.84% cap rate and $11,937/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

1.5

SqFt

2,190

Style

Single Family

Built

1987

This modern contemporary home has been built with every purpose and detail from the ground up by its owners and rests upon a large well-manicured lot with expansion opportunity. Its maintenance free exterior allows for years of enjoyment as the home possessed soothing tones throughout allowing any decor to shine! Whether you host large parties, seek a private retreat to unwind, enjoy walks that draw you along the river, you need not search further. There is natural light throughout this home as the cathedral ceiling accents presents a grandiose effect. Each room is positioned for easy living and entertaining as the beautifully designed new kitchen opens into the dining and living room with direct view of the patio and back yard. Whether you work from home, require a private study area or simply seek a quiet hollow, all may be found within a few steps. The primary suite will accommodate large furnishings as each of the other resting quarters as well. Spiral up the stairway to the third bedroom any guest or teen would enjoy as a personal sanctuary. The lower-level family room and secondary kitchen additionally created for hosting game days, parties or simply relaxing while watching a favorite show. All appliances are highly efficient including the tankless water heater, heating and central air. The side entry garage opens into the kitchen which was been expanded to allow 2 vehicles, a work area and direct access to the back yard which includes a stamped concrete patio, garden area, fire pit and shed. Located on a dead-end street with minutes to major highways and shopping this home has been prepared for immediate occupancy. .

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,190 sq ft principal dwelling). Lot size: 17,838 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$649,900
Annual Taxes$5,026

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Carpet
BasementFull, Finished, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas, Wood, ENERGY STAR Qualified Equipment
CoolingCentral Air, ENERGY STAR Qualified Equipment
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR-8

Property & Lot

Acres0.41
SqFt Lot17,838
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator • Water Treatment • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 3
Second
Primary BedroomBathroom 2
First
Bedroom 2
Basement
Family Room
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

17.6 x 13.7

Wood / Coal / Pellet Stove, Skylight, Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Laminate, Recessed Lighting, Remodeled

Dining Room
Lvl Main,First

15.9 x 10

Breakfast Bar / Nook, Open Floorplan, Slider

Kitchen
Lvl Main,First

Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances, Gas Stove

Family Room
Lvl Basement

22.9 x 13

Wood / Coal / Pellet Stove, Closet, Flooring - Stone/Ceramic Tile, Exterior Access, Remodeled

Primary Bedroom
Lvl Second

17.7 x 10

Cathedral Ceiling(s), Closet, Flooring - Wall to Wall Carpet, Remodeled

Bedroom 2
Lvl First

11.8 x 10

Bedroom 3
Lvl Third

12.3 x 11

Closet, Flooring - Wood

Bathroom 1
Lvl Main,First

5 x 7.3

Flooring - Stone/Ceramic Tile, Remodeled

Bathroom 2
Lvl Second

7.4 x 4.5

Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Donna Whritenour

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73579453