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$ 999,500
Est. payment /mo
Active
274 Harrison St Fall River, MA 02723
12 Beds
6 Baths
5,136 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,136 sqft
Price per Sqft $194
MLS Listing ID 73489887
Bedrooms 12
Full Baths 6
Year Built 1900
Annual Tax Amount $6,165
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 5-9 Family
Property Description
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.
Location
State MA
County Bristol
Direction Kindly use GPS
Rooms
Basement Full, Partially Finished
Interior
Interior Features Living Room, Kitchen
Heating Space Heater, Forced Air
Cooling None
Appliance Range, Refrigerator, None
Exterior
Garage No
Building
Lot Description Other
Story 10
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Vicente Realty, LLC
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