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INVESTMENT SNAPSHOT
About this property
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
| Units | 6 |
| Living area | 5,136 sqft |
| Lot size | 3,999 sqft |
| Year built | 1900 |
| Price / sqft | $179 |
| County | Bristol |
| MLS # | 73489887 |
Listing status
| Days on market | 56 days |
| Listed on | March 21, 2026 |
Taxes & financials
| Annual property tax | $6,165 |
| Tax year | 2025 |
| Assessed value | $538,400 |
| Zoning | N/A |
| Gross income (actual) | $102,900/yr |
| Net operating income (actual) | $89,867/yr |
| Total actual rent | $5,500/mo |
| Electric expense | $780/yr |
Building & lot
| Stories | 10 |
| Total rooms | 24 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Partially Finished |
| Foundation | Other |
Utilities & systems
| Heating | Space Heater, Forced Air |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator, None |
Location
More about investing in Fall River →
Listing courtesy of Vicente Realty, LLC — Merysa Berrios Sevilla. 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 274 Harrison St, Fall River MA 02723 have?
It is a 6-unit multi-family property with 5,136 sqft of living area, built in 1900.
How long has 274 Harrison St, Fall River MA 02723 been on the market?
274 Harrison St, Fall River MA 02723 has been listed for 56 days (since March 21, 2026).
What is the estimated cap rate on this 6-family in Fall River?
Based on area median rents, the estimated cap rate is about 7.6%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $920,000 across 6 units, that works out to roughly $153,333 per unit.
What are the property taxes on 274 Harrison St, Fall River MA 02723?
Annual property taxes are $6,165 (2025), on an assessed value of $538,400.
What is the price per square foot?
At $920,000 for 5,136 sqft, that's about $179 per square foot.
Where is this property located?
274 Harrison St, Fall River MA 02723 is in Fall River, Bristol County, MA 02723.
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