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.
This home has been viewed 5 times
Last Checked: June 7th, 2026 at 5:43am (Source: MLS PIN #73489887)
Gross Income: $66,000
Gross Expenses: $11,135
Net Income Calc: $54,865
Water Views
Annual Expenses for 274 Harrison St, Fall River MA 02723
Total Gross Expenses (Calculated)$11,135/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6165
Annual Income & Unit Breakdown for 274 Harrison St, Fall River MA 02723
Total Gross Income (Calculated)$66,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit3
Rent IncludesHeat
General Information for 274 Harrison St, Fall River MA 02723
Listing ID73489887
Property TypeMulti Family / 5+ Family
Price920000 ($179.13/SqFt)
Style5-9 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total5136
Approximate Lot Size (Acres)0.09
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningN/A
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 274 Harrison St, Fall River MA 02723
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 274 Harrison St, Fall River MA 02723
Real Estate Taxes6165
Tax Year2025
Assessed Value$538,400
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 274 Harrison St, Fall River MA 02723
Neighborhood(s)
Area Amenities
Contact Information for 274 Harrison St, Fall River MA 02723