5+ Family - 5+ Units Up/Down at 444 Center St, Fall River MA 02724
5+ Family - 5+ Units Up/Down at 444 Center St, Fall River MA 02724, photo 2 of 6
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6 photos

$749,000

444 Center St, Fall River MA 02724
Fall River, MA 02724
Listed by Derek Young
Bedrooms
9
Bathrooms
6
Living area
4,593 sqft
Year built
1900

About this home

Fully occupied 6-unit investment opportunity at 444 Center St in Fall River generating $88,200 in annual gross income. The property features a well-balanced unit mix of three 2-bedroom/1-bath units and three 1-bedroom/1-bath units, offering broad rental appeal and consistent occupancy. Current financials support an ~8+ cap on in-place income, with clear value-add potential through strategic improvements and rent optimization. Strong tenant base in place with immediate cash flow, complemented by continued rental growth in the Fall River market. Conveniently located with access to local amenities, this is a compelling addition to any portfolio seeking both cash flow and upside. Building sold as-is

Property details

MLS
MLS Property Information Network
MLS #
73498089
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
198
On market date
April 8, 2026
Stories
5
Total bathrooms
6
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 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
0.47 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
0.58 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
0.43 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 stores19
Parks12
Schools19
Transit stops20
Pharmacies6

Market position

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

On the market 198 days -- 87 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

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Est. monthly payment
$4,661/mo
$149,800 down
$599,200 loan
Principal & interest$3,886
Property tax (est.)$624
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 28 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.