274 Harrison Street

Fall River MA 02723

5136 sq. ft.

3999 sq. ft.

Other

Currently for sale - view listing

Overview

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.

Features

12 bedrooms

6 bathrooms

5136 sq. ft. floor area

3999 sq. ft. lot size

Other

Property history for 274 Harrison Street

2015

Sold

$162,500

13 Mar 2015 by Jose Castelo, of ERA Jose S. Castelo Real Estate Inc.

2004

Sold

$350,000

22 Sep 2004 by Martin Correia, of ERA Jose S. Castelo Real Estate

2003

Sold

$229,900

14 Mar 2003 by Richard Silva, of American Dream Realty

Happy sellers in Fall River

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