283-289 Fifth St, Fall River MA 02721
Fall River, MA 02721
$999,000
Est. $5,834/month
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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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
May 4, 2026
$999,000
Original listing
Agent: SRG Properties Group
Office: Century 21 North East Homes
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/04/2026 | 🏠 Listed for Sale | $999,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,991 | $611,600 |
Financial Details
Annual Property Tax
$6,991
Tax Year 2025
Assessed Value
$611,600
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
Investment Metrics
Units
5
Unit 1 Rent
$1,600/mo · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Unit 4 Rent
$2,000/mo · N
Total Monthly Rent
$3,600/mo
Gross Income
$84,000
Net Operating Income
$84,000
Cap Rate
8.41%
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
This Is 2 Buildings Of One 3 Family And One 2 Family.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
2 buildings
Documents
None
County
Bristol
Total market time (incl. prior listings)
82 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,000 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:
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:
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
$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
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
283-289 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 25, 2026 12:19 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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