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INVESTMENT SNAPSHOT
About this property
Strong investment opportunity in Fall River! This well-maintained three-family property features three spacious 3-bedroom, 1-bath units, offering excellent rental potential in a high-demand market. Historically generating $5,400/month in gross rental income, this is ideal for investors seeking steady cash flow or owner-occupants looking to offset expenses. This building has vacant units. Each unit offers functional layouts, generous living space, and strong tenant appeal. Conveniently located near local amenities, major routes, and ongoing area development, this property presents solid long-term upside. A turnkey, income-producing asset with consistent demand and strong fundamentals. Can be purchased with 283 Firth St as a package. Group showing this week.
Property details
| Units | 3 |
| Living area | 3,242 sqft |
| Lot size | 0 sqft |
| Year built | 1900 |
| Price / sqft | $180 |
| County | Bristol |
| MLS # | 73504076 |
Listing status
| Days on market | 12 days |
| Listed on | April 19, 2026 |
Taxes & financials
| Annual property tax | $0 |
| Tax year | 2026 |
| Assessed value | $0 |
| Zoning | R |
| Gross income (actual) | $42,000/yr |
| Net operating income (actual) | $42,000/yr |
| Total actual rent | $5,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 21 |
| Lot size | 0 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive |
| Foundation | Granite |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Fall River →
Listing courtesy of Century 21 North East Homes — SRG Properties Group. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 289 Fifth St, Fall River MA 02721 have?
It is a 3-unit multi-family property with 3,242 sqft of living area, built in 1900.
How long has 289 Fifth St, Fall River MA 02721 been on the market?
289 Fifth St, Fall River MA 02721 has been listed for 12 days (since April 19, 2026).
What is the estimated cap rate on this 3-family in Fall River?
Based on area median rents, the estimated cap rate is about 6.0%, with a Signal Score of 93/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $585,000 across 3 units, that works out to roughly $195,000 per unit.
What is the price per square foot?
At $585,000 for 3,242 sqft, that's about $180 per square foot.
Where is this property located?
289 Fifth St, Fall River MA 02721 is in Fall River, Bristol County, MA 02721.
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