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274 Harrison St, Fall River MA 02723

Fall River, MA 02723
$999,500
Est. $5,768/month
12
Beds
6
Baths
5,136
Sq Ft
$195
Price/Sq Ft
0.09
Acres
1900
Year Built
5 hours 41 minutes
Time on Market
Active Listed Mar 21, 2026 • MLS# 73489887 Copied!

About this home

Turnkey 6-unit investment property offering strong cash flow and a proven rental history. The end-of-year 2025 cap rate was 8.99%, with clear potential for immediate upside upon new ownership.The property consists of six 2-bedroom units, four units are equipped with space heaters, while two units feature forced air systems. All tenants are at will, providing investors with the flexibility to adjust rents to market rates and maximize returns.The building is set up for efficiency with separate utilities, with tenants responsible for their own expenses, helping keep operating costs low. Key updates have been completed, including electrical improvements and renovations throughout. This is an ideal opportunity for investors seeking a stable, income-producing asset with value-add potential, strong fundamentals, and the ability to increase NOI and long-term equity.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
12
Full Bathrooms
6
Living Area
5,136 sq ft
Total Rooms
24
Stories
10
Levels
10

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 5,136 sq ft
Lot Size 0.09 acres
Bedrooms 12
Full Baths 6
Total Rooms 24

Interior

Heating Space Heater, Forced Air
Cooling None
Flooring None
Appliances Range, Refrigerator, None
Fireplace None
Basement Full, Partially Finished
Laundry None
Features Living Room, Kitchen

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,165
Assessed Value $538,400

Interior Features

Flooring:
Appliances: Range, Refrigerator, None
Interior Features: Living Room, Kitchen
Windows:
Basement: Full, Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 10

Heating, Cooling & Utilities

Heating: Space Heater, Forced Air
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

274 Harrison St, Fall River MA 02723

Fall River, MA 02723

Walkability

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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
E

Elementary Schools

10 schools
Espirito Santo School
0.3 mi
Grades PK-08
Holy Trinity School
1.4 mi
Grades PK-08
C
Atlantis Charter School
1.5 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
Antioch School
1.5 mi
Grades PK-08
Holy Name School
1.5 mi
Grades PK-08
C-
John J Doran School
1.6 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
2.1 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
East Gate Christian Academy
2.1 mi
Grades PK-12
St. Michael School
2.3 mi
Grades PK-08
D
Stone PK-12 School
2.6 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
M

Middle Schools

3 schools
C-
Talbot Innovation School
0.6 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
C-
Morton Middle School
1.9 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
D
Matthew J Kuss Middle School
2.3 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
H

High Schools

6 schools
C+
Argosy Collegiate Charter School
1.3 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
1.3 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
1.4 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
0.9 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
1.8 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
1.9 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $514
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 21, 2026
$999,500
Original listing
Agent: Merysa Berrios Sevilla Office: Vicente Realty, LLC

Price & Status History

Date Event Price Change
Mar 21, 2026 New Listing Added $999,500

Market Statistics

Time on Market
5 hours 41 minutes
Price per Sq Ft
$195

Tax History

Year Taxes Assessment
2025 $6,165 $538,400

Financial Details

Annual Property Tax
$6,165
Tax Year 2025
Assessed Value
$538,400

Listing Information

Listing Agent Merysa Berrios Sevilla
Listing Office Vicente Realty, LLC
Agent MLS ID CN213479
Office MLS ID AN1033
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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Market Analytics for Fall River, MA

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