274 Harrison St Fall River MA 02723 MLS #73489887

274 Harrison St
Fall River, MA, 02723
$999,500
12 Beds
6 Baths
5,136 SqFt
0.09 Acres
$999,500
274 Harrison St
Fall River, MA, 02723
MLS #73489887 image #0
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.

Property Details

Price:
$999,500
MLS #:
73489887
Status:
Active Under Contract
Beds:
12
Baths:
6
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Mar 21, 2026
Finished Sq Ft:
5,136
Total Sq Ft:
5,136
Lot Size:
3,999 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
6

Schools

Interior

Above Grade Finished Area
5136
Appliances
Range, Refrigerator, None
Bathrooms
6 Full Bathrooms
Cooling
None
Heating
Space Heater, Forced Air
Interior Features
Living Room, Kitchen
Levels
10

Exterior

Lot Features
Other
Open Parking YN
1
Stories
10

Financial

Net Operating Income
$89,867
Tax Year
2025
Taxes
$6,165
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Fall River as of May 04, 2026
125
Multi Family Listed
167
Avg DOM
200
Avg $ / SqFt
$811,502
Avg List Price

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Property Summary

    274 Harrison St Fall River MA is a Multi Family for sale in Fall River, MA, 02723. It is listed for $999,500 To schedule a showing of MLS#73489887 at 274 Harrison St in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
274 Harrison St
Fall River, MA