274 Harrison St, Fall River MA 02723
Fall River, MA 02723
$999,500
$920,000
Est. $5,366/month
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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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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
8%
Price Range
Property Timeline
Contingency Update
Jul 27, 2026
Inspection
Status: Active under contract
Jul 27, 2026
Active → Active Under Contract
Pending Sale
Jul 26, 2026
Offer accepted, sale pending
Back On Market
Jun 2, 2026
Active
Price Reduced
Jun 2, 2026
$920,000
$79,500
(-7.95%)
From $999,500 to $920,000 (-8.0%)
Status: Active under contract
Apr 28, 2026
Active → Active Under Contract
Pending Sale
Apr 27, 2026
Offer accepted, sale pending
Listed for Sale
Mar 21, 2026
$999,500
Original listing
Agent: Merysa Berrios Sevilla
Office: Vicente Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/27/2026 | 📝 Contingency Update | - | - | - | Inspection |
| 07/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/26/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/02/2026 | • Back On Market | - | - | - | Active |
| 06/02/2026 | ↓ Price Reduced | $920,000 | $79,500 | - | From $999,500 to $920,000 (-8.0%) |
| 04/28/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 04/27/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/21/2026 | 🏠 Listed for Sale | $999,500 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,165 | $538,400 |
Financial Details
Annual Property Tax
$6,165
Tax Year 2025
Assessed Value
$538,400
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
Investment Metrics
Units
6
Unit 1 Rent
$1,275/mo · N
Unit 2 Rent
$1,275/mo · N
Unit 3 Rent
$1,625/mo · N
Unit 4 Rent
$1,325/mo · N
Total Monthly Rent
$5,500/mo
Gross Income
$102,900
Net Operating Income
$89,867
Operating Expenses
$13,033
Water/Sewer Expense
$4,190
Electric Expense
$780
Cap Rate
9.77%
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Neither Seller, Or Agent Make Any Representations As To The Accuracy Of Any Information Contained Herein. Buyer(s)/buyer(s) Agent Must Conduct Their Own Due Diligence, Verification And Research & Are Relying Solely On The Results Of The Same. To Be Sold As Is Where Is
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
121 days
Property Overview
Property Type
5-9 Family
Listing Type
Sale Pending
Year Built
1900
Bedrooms
12
Full Bathrooms
6
Living Area
5,136 sq ft
Total Rooms
24
Stories
10
Levels
10
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,136 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:
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:
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
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
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
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
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Total Interest
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Including down payment
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$514
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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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
274 Harrison St, Fall River MA 02723
Fall River, MA 02723
Listing Information
Listing Agent
Merysa Berrios Sevilla
Listing Office
Vicente Realty, LLC
Office Phone
508-944-3144
Agent MLS ID
CN213479
Office MLS ID
AN1033
Listing Data Updated
Aug 10, 2026 3:05 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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