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24-28 Hall St, Fall River, MA, 02724

15beds
6baths
5,973sqft
$879,900
$147price/sqft
$6,801/moest. monthly cost
$272,040/yrincome needed

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 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 ample off-street parking and a solid overall condition with no anticipated capital expenditures—positioning this as a true plug-and-play investment with upside.Don’t miss the opportunity to acquire a high-performing asset with meaningful growth potential in a rapidly expanding market.

Getting Around

84
WalkingVery Walkable
34
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

2/10
2/10
B M C Durfee High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1916

Materials

  • Foundation: Stone
  • Roof: Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Bedrooms & Bathrooms

  • Bedrooms: 15
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Finished area above ground: 5,973

Interior Area

  • Total structure area: 5,973
  • Total interior livable area: 5,973 sqft

Property

Details

  • Parcel number: M:0G26 B:0000 L:0009
  • Zoning: N/A

Lot

  • Lot size: 6,869 sqft

Parking

  • Total spaces: 8
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,449$53,388
Home Insurance *$420$5,040
Property Taxes $755$9,060
Electricity $1,177$14,134
Total$6,801$81,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$233,177/yr
40% on housing$204,030/yr
45% on housing$181,360/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 02724$224
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02724$255
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-02Listed for sale$899,900
2026-03-01Listing removed$4,199,999
2025-11-03Listed for sale$4,199,999

For Sale by Agent

AgentDerek Young
BrokerageLongwood Residential, LLC

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