




283-289 5th St, Fall River, MA, 02721
10beds
5baths
5,000sqft
$999,000
$200price/sqft
$7,319/moest. monthly cost
$292,760/yrincome needed
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.
Getting Around
91
51
62
Schools
4/10
2/10
Construction
Condition
- Year built: 1940
Materials
- Foundation: Granite
Type & Style
- Home type: MultiFamily
- Property subType: 5+ Family - 5+ Units Up/Down
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Features
- Finished area above ground: 5,000
Interior Area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Details
- Zoning: R
Features
- Fencing: Fenced/Enclosed
Lot
- Lot size: 7,196 sqft
- Features: Cleared
