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283 5th St, Fall River, MA, 02721

4beds
2baths
1,800sqft
$475,000
$264price/sqft
$3,413/moest. monthly cost
$136,520/yrincome needed

About This Home

Exceptional investment opportunity in Fall River! This well-maintained two-family property features two spacious 2-bedroom, 1-bath units, offering strong rental potential in a high-demand market. Currently generating $3500/month in gross rental income, this is ideal for investors seeking immediate cash flow. Each unit offers functional layouts, comfortable living space, and solid rental appeal. Conveniently located near local amenities, highways, and area development, this property presents long-term upside and consistent demand. A turnkey income-producing asset with strong fundamentals in a growing market. Group Showing to be scheduled this week. Can be purchased together with 289 Fifth.

Getting Around

91
WalkingWalker's Paradise
51
TransitGood Transit
62
BikeBikeable

Schools

4/10
2/10
B M C Durfee High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Granite

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,800

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: FALLM0I15B0000L0046
  • Zoning: R
  • Exclusions: Any Tenant Owned Items.

Parking

  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes