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283-289 Fifth St, Fall River MA 02721

Fall River, MA 02721
$999,000
Est. $5,834/month
10
Beds
5
Baths
5,000
Sq Ft
$200
Price/Sq Ft
0.17
Acres
1940
Year Built
5+ Family - 5+ Units Up/Down
Type
9 hours 43 minutes
Time on Market
Active Listed May 4, 2026 • MLS# 73512335 Copied!

About this home

Rare opportunity to acquire a 5 unit package consisting of a 3 family and 2 family offered together for under $1M. Strong income potential with both buildings featuring vacancies, allowing a buyer to set market rents immediately. Fully rented, the property has the ability to generate close to $10,000 per month. Ideal for investor or owner occupant looking to scale with built in upside. Units offer functional layouts with solid bedroom counts and separate utilities. Off street parking and convenient location near major routes, shopping and amenities add to long term desirability. Excellent value add opportunity with significant rental growth potential. Buyers to perform their own due diligence.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1940
Bedrooms
10
Full Bathrooms
5
Living Area
5,000 sq ft
Total Rooms
29
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1940
Living Area 5,000 sq ft
Lot Size 0.17 acres
Bedrooms 10
Full Baths 5
Total Rooms 29

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

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

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,991
Assessed Value $611,600

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1940
Structure Type:
Exterior Materials:
Roof:
Foundation: Granite
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced/Enclosed
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

283-289 Fifth St, Fall River MA 02721

Fall River, MA 02721

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

3 schools
C-
John J Doran School
0.6 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
C
William S Greene School
0.7 mi | #609 of 824 | Score: 40.5
Improved 173 spots from last year
-17.8 below state avg
733 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
C-
Westall Elementary
0.9 mi | #737 of 824 | Score: 33.3
Improved 66 spots from last year
-24.9 below state avg
276 students Very Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
1.3 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
C-
Morton Middle School
1.5 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
1.6 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
H

High Schools

3 schools
C+
Argosy Collegiate Charter School
0.5 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
0.8 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
1.0 mi
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $583
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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
May 4, 2026
$999,000
Original listing
Agent: SRG Properties Group Office: Century 21 North East Homes

Price & Status History

Date Event Price Change
May 4, 2026 New Listing Added $999,000 —

Market Statistics

Time on Market
9 hours 43 minutes
Price per Sq Ft
$200

Tax History

Year Taxes Assessment
2025 $6,991 $611,600

Financial Details

Annual Property Tax
$6,991
Tax Year 2025
Assessed Value
$611,600

Listing Information

Listing Agent SRG Properties Group
Listing Office Century 21 North East Homes
Agent MLS ID TM337687
Office MLS ID AN8385
Listing Data Updated May 4, 2026 5:18 PM 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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Market Analytics for Fall River, MA

Real-time market trends and pricing data for this area

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