283-289 Fifth St, Fall River, MA 02721
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$999,000
5 Unit
10 Beds
5 Baths
5000 SQFT
0.17 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 10
  • Total Full Baths: 5
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 84000
  • Net Operating Income: 84000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1940
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Granite
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73512335
  • Last Updated: 05/08/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/08/2026Active$999,000$200MLSPIN
05/04/2026New$999,000$200MLSPIN

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Seller's Representative: SRG Properties Group, Century 21 North East Homes
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-08 03:05:00

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