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289 Fifth St, Fall River MA 02721

Fall River, MA 02721
$625,000
$585,000
Est. $3,158/month
9
Beds
3
Baths
3,242
Sq Ft
$180
Price/Sq Ft
0.00
Acres
1900
Year Built
81
Days on Market
Active Price Drop -$40,000 Listed Apr 19, 2026 • MLS# 73504076 Copied! • Updated Jul 1, 2026

About this home

Strong investment opportunity in Fall River! This well-maintained three-family property features three spacious 3-bedroom, 1-bath units, offering excellent rental potential in a high-demand market. Historically generating $5,400/month in gross rental income, this is ideal for investors seeking steady cash flow or owner-occupants looking to offset expenses. This building has 2 vacant units. Each unit offers functional layouts, generous living space, and strong tenant appeal. Conveniently located near local amenities, major routes, and ongoing area development, this property presents solid long-term upside. A turnkey, income-producing asset with consistent demand and strong fundamentals. Can be purchased with 283 Firth St as a package. Group showing this week.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
6.4%
Price Range

Property Timeline

Price Reduced
Apr 28, 2026
$585,000 $40,000 (-6.4%)
From $625,000 to $585,000 (-6.4%)
🏠
Listed for Sale
Apr 20, 2026
$625,000
Original listing
Agent: SRG Properties Group Office: Century 21 North East Homes

Tax History

Year Taxes Assessment
2026 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2026
Assessed Value
$0

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,242 sq ft
Lot Size 0.0000
Bedrooms 9
Full Baths 3
Total Rooms 21

Investment Metrics

Units 3
Unit 1 Rent $1,600/mo · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Total Monthly Rent $1,600/mo
Gross Income $42,000
Net Operating Income $42,000
Cap Rate 7.18%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures If You See The Old Listing Property Has Been Divided. Property Taxes And Any Municipal Compliance To Be Settled By Closing. Seller Makes No Warranties Or Representations, Express Or Implied, As To The Accuracy Of Any Information Provided. Buyer And Buyer’s Agent To Perform All Due Diligence.
Exclusions Any Tenant Owned Items.
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Owner
Sq Ft Disclosures The building is mapped together-This is a close approx.
Documents None
County Bristol
Total market time (incl. prior listings) 73 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
3,242 sq ft
Total Rooms
21
Stories
3
Levels
3

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: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Granite
Stories: 3

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

Parking Features: Paved Drive

Nearby Schools

School information not available for this location.

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 $0
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

289 Fifth St, Fall River MA 02721

Fall River, MA 02721

Listing Information

Listing Agent SRG Properties Group
Listing Office Century 21 North East Homes
Office Phone 781-789-2748
Agent MLS ID TM337687
Office MLS ID AN8385
Listing Data Updated Jul 1, 2026 3:54 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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