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24-28 Hall St, Fall River MA 02724

Fall River, MA 02724
$899,900
$879,900
Est. $5,359/month
15
Beds
6
Baths
5,973
Sq Ft
$147
Price/Sq Ft
0.16
Acres
1916
Year Built
8
Parking
99
Days on Market
Active Price Drop -$20,000 Listed Apr 2, 2026 • MLS# 73495132 Copied! • Updated Jun 13, 2026

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

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

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%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 8
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,517
Assessed Value $743,800
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 72 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1916
Bedrooms
15
Full Bathrooms
6
Living Area
5,973 sq ft
Total Rooms
27
Stories
5
Levels
5

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:
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
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
Carlton M. Viveiros Elementary School
0.1 mi | #653 of 824 | Score: 38.2
Improved 122 spots from last year
-20 below state avg
712 students Diverse
Rising School Diverse Student Body
Grades K-05
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
M

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
H

High Schools

3 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
Learn about these ratings

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 $710
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.

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 Jun 13, 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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