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274 Harrison St, Fall River MA 02723

Fall River, MA 02723
$999,500
$920,000
Est. $5,366/month
12
Beds
6
Baths
5,136
Sq Ft
$179
Price/Sq Ft
0.09
Acres
1900
Year Built
111
Days on Market
Active Price Drop -$79,500 Listed Mar 21, 2026 • MLS# 73489887 Copied! • Updated Jun 6, 2026

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

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

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%
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
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,165
Assessed Value $538,400
Fee Includes None
Amenities None
Optional Fee Includes None
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
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 56 days

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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
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
South Coast Autism Center
0.2 mi
Grades PK-01
Espirito Santo School
0.3 mi
Grades PK-08
C
Samuel Watson School
0.6 mi | #620 of 824 | Score: 39.7
Improved 150 spots from last year
-18.5 below state avg
287 students Very Diverse
Rising School Diverse Student Body
Grades K-05
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

3 schools
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+
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
Learn about these ratings

Monthly Payment Calculator

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

-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
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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.

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 Jun 6, 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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