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289 5th St, Fall River, MA, 02721

9beds
3baths
3,242sqft
$585,000
$180price/sqft
$4,348/moest. monthly cost
$173,920/yrincome needed

About This Home

Strong investment opportunity in Fall River! This well-maintained three-family property features three spacious 3-bedroom, 1-bath units, offering excellent rental potential in a high-demand market. Historically generating $5,400/month in gross rental income, this is ideal for investors seeking steady cash flow or owner-occupants looking to offset expenses. This building has vacant units. Each unit offers functional layouts, generous living space, and strong tenant appeal. Conveniently located near local amenities, major routes, and ongoing area development, this property presents solid long-term upside. A turnkey, income-producing asset with consistent demand and strong fundamentals. Can be purchased with 283 Firth St as a package. Group showing this week.

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: 3 Family - 3 Units Up/Down

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 3,242

Interior Area

  • Total structure area: 3,242
  • Total interior livable area: 3,242 sqft

Property

Details

  • Zoning: R
  • Exclusions: Any Tenant Owned Items.

Parking

  • Parking features: Paved Drive
  • Has uncovered spaces: Yes