274 Harrison St, Fall River, MA 02723
- $920,000
- 12
- BD
- 6
- BA
- 5,136
- SqFt
- List Price
- $920,000
- Price Change
- ▼ $79,500 1780452666
- Status
- UNDER AGREEMENT
- MLS#
- 73489887
- Bedrooms
- 12
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 5,136
- Lot Size (Acres)
- 0.09
- Year Built
- 1900
Property Description
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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Additional Information
- Taxes
- $6,165
- Interior Features
- Living Room, Kitchen
- Lot Description
- Other
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Merysa Berrios Sevilla from Listing Office: Vicente Realty, LLC.
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