24-28 Hall St, Fall River MA 02724
Fall River, MA 02724
$899,900
$879,900
Est. $5,359/month
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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.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.2%
Price Range
Property Timeline
Pending Sale
Aug 5, 2026
Offer accepted, sale pending
Price Reduced
Jun 9, 2026
$879,900
$20,000
(-2.22%)
From $899,900 to $879,900 (-2.2%)
Listed for Sale
Apr 2, 2026
$899,900
Original listing
Agent: Derek Young
Office: Longwood Residential, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/05/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/09/2026 | ↓ Price Reduced | $879,900 | $20,000 | - | From $899,900 to $879,900 (-2.2%) |
| 04/02/2026 | 🏠 Listed for Sale | $899,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,517 | $743,800 |
Financial Details
Annual Property Tax
$8,517
Tax Year 2025
Assessed Value
$743,800
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1916
Living Area
5,973 sq ft
Lot Size
0.16 acres
Bedrooms
15
Full Baths
6
Total Rooms
27
Investment Metrics
Units
6
Unit 1 Rent
$1,250/mo · Y
Unit 2 Rent
$1,000/mo · Y
Unit 3 Rent
$1,400/mo · Y
Unit 4 Rent
— · Y
Total Monthly Rent
$3,650/mo
Gross Income
$88,500
Net Operating Income
$88,500
Cap Rate
10.06%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street
Total Spaces
8
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,517
Assessed Value
$743,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
126 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
Sale Pending
Year Built
1916
Bedrooms
15
Full Bathrooms
6
Living Area
5,973 sq ft
Total Rooms
27
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,973 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1916
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Fall River School District local
C-
School Safety
2024-25
8.4%
Above Average
8.4%
Suspensions
2.1%
In-School
2.9% above state avg
Elementary Schools
10 schools
East Gate Christian Academy
0.5 mi
Grades PK-12
D
Stone PK-12 School
0.9 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
C-
John J Doran School
1.0 mi
|
#301 of 352
|
Score: 31.3
Improved 26 spots from last year
-26.9 below state avg
525 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
D
Henry Lord Community School
1.1 mi
|
#321 of 352
|
Score: 29.1
Improved 12 spots from last year
-29.1 below state avg
817 students
Diverse
Diverse Student Body
Grades PK-08
Holy Trinity School
1.3 mi
Grades PK-08
Antioch School
2.0 mi
Grades PK-08
C
Atlantis Charter School
2.0 mi
|
#246 of 346
|
Score: 46.8
Improved 25 spots from last year
-11.4 below state avg
1,246 students
Diverse
Rising School
College Ready Curriculum
Grades K-12
Espirito Santo School
2.2 mi
Grades PK-08
Holy Name School
2.6 mi
Grades PK-08
St. Michael School
2.9 mi
Grades PK-08
Middle Schools
3 schools
D
Matthew J Kuss Middle School
0.5 mi
|
#336 of 352
|
Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students
Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
2.4 mi
|
#299 of 352
|
Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
2.6 mi
|
#309 of 352
|
Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
6 schools
C+
Argosy Collegiate Charter School
0.7 mi
|
#244 of 346
|
Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students
Diverse
7 sports
• 126 athletes
Early College Program
College Ready Curriculum
Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
1.7 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
171 students
Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
2.0 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
2.8 mi
|
#242 of 346
|
Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students
Moderate
13 sports
• 1,408 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
C+
B.M.C. Durfee High School
3.2 mi
|
#225 of 346
|
Score: 49.2
Improved 98 spots from last year
-9 below state avg
2,642 students
Diverse
18 sports
• 1,452 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
Bishop Connolly High School
3.4 mi
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$710
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
24-28 Hall St, Fall River MA 02724
Fall River, MA 02724
Listing Information
Listing Agent
Derek Young
Listing Office
Longwood Residential, LLC
Office Phone
617-396-3100
Agent MLS ID
CN254619
Office MLS ID
AC1259
Listing Data Updated
Aug 6, 2026 9:31 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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