No photos available for this listing

$999,000

283-289 Fifth St, Fall River MA 02721
Fall River, MA 02721
Listed by SRG Properties Group
Bedrooms
10
Bathrooms
5
Living area
5,000 sqft
Year built
1940

About this home

Rare opportunity to acquire a 5 unit package consisting of a 3 family and 2 family offered together for under $1M. Strong income potential with both buildings featuring vacancies, allowing a buyer to set market rents immediately. Fully rented, the property has the ability to generate close to $10,000 per month. Ideal for investor or owner occupant looking to scale with built in upside. Units offer functional layouts with solid bedroom counts and separate utilities. Off street parking and convenient location near major routes, shopping and amenities add to long term desirability. Excellent value add opportunity with significant rental growth potential. Buyers to perform their own due diligence.

Property details

MLS #
73512335
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
5
Garage spaces
N/A
Lot size
0.17 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John J Doran
0.53 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
495
Student:teacher ratio
13.4:1
District
Fall River
Middle
Matthew J Kuss Middle
1.25 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
707
Student:teacher ratio
13.9:1
District
Fall River
HighCharter
Argosy Collegiate Charter School
0.54 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
566
Student:teacher ratio
13.2:1
District
Argosy Collegiate Charter School (District)

Mortgage calculator

Estimate only — actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$6,166/mo
$199,800 down
$799,200 loan
Principal & interest$5,184
Property tax (est.)$833
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.