5+ Family - 5+ Units Up/Down at 24-28 Hall St, Fall River MA 02724
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13 photos

$830,000

24-28 Hall St, Fall River MA 02724
Fall River, MA 02724
Listed by Derek Young
Bedrooms
15
Bathrooms
6
Living area
5,973 sqft
Year built
1916

About this home

24–28 Hall St is a compelling value-add opportunity in Fall River—one of Massachusetts’ fastest-growing rental markets. This clean, well-maintained asset offers investors the rare combination of immediate stability and strong future upside.The property is currently anchored by a long-term tenant base and features (3) 3 bedroom and (3) 2 bedroom units, separately metered utilities, allowing for efficient management and favorable operating margins. With a clear path to increasing rents over time, the pro forma income has the potential to exceed $10,000/month upon full stabilization. Additional highlights include brand new fire alarm system, ample off-street parking, newer roof, and coin operated laundry system. Property has 3 vacant units ready to be turned or rented out. Don’t miss the opportunity to acquire a high-performing asset with meaningful growth potential in a rapidly expanding market.

Property details

MLS
MLS Property Information Network
MLS #
73495132
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
204
On market date
April 2, 2026
Stories
3
Total bathrooms
6
Garage spaces
N/A
Parking spaces
8
Lot size
0.16 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Carlton M. Viveiros Elementary School
0.08 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
714
Student:teacher ratio
14.6:1
District
Fall River
Middle
Matthew J Kuss Middle
0.45 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
0.72 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)

Walkability

Blended score for Fall River's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks7
Schools13
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Fall River, from live MLS data.

On the market 204 days -- 93 more days than Fall River's current average of 111 days.
For reference, the median list price across 733 active listings in Fall River right now is $375,000.

Mortgage calculator

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

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Est. monthly payment
$5,148/mo
$166,000 down
$664,000 loan
Principal & interest$4,307
Property tax (est.)$692
Home insurance (est.)$150

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

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.