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$920,000

274 Harrison St, Fall River MA 02723
Fall River, MA 02723
Listed by Merysa Berrios Sevilla
Bedrooms
12
Bathrooms
6
Living area
5,136 sqft
Year built
1900

About this home

Turnkey 6-unit investment property offering strong cash flow and a proven rental history. The end-of-year 2025 cap rate was 8.99%, with clear potential for immediate upside upon new ownership.The property consists of six 2-bedroom units, four units are equipped with space heaters, while two units feature forced air systems. All tenants are at will, providing investors with the flexibility to adjust rents to market rates and maximize returns.The building is set up for efficiency with separate utilities, with tenants responsible for their own expenses, helping keep operating costs low. Key updates have been completed, including electrical improvements and renovations throughout. This is an ideal opportunity for investors seeking a stable, income-producing asset with value-add potential, strong fundamentals, and the ability to increase NOI and long-term equity.

Property details

MLS #
73489887
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
10
Garage spaces
N/A
Lot size
0.09 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Samuel Watson
0.57 mi away · Grades 0-5
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
241
Student:teacher ratio
13.4:1
District
Fall River
Middle
Talbot Innovation School
0.63 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
620
Student:teacher ratio
11.7:1
District
Fall River
High
Diman Regional Vocational Technical High
0.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,421
Student:teacher ratio
11.1:1
District
Greater Fall River Regional Vocational Technical

Mortgage calculator

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Est. monthly payment
$5,690/mo
$184,000 down
$736,000 loan
Principal & interest$4,774
Property tax (est.)$767
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 6, 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.