24–28 Hall St is a compelling value-add opportunity in Fall River—one of Massachusetts’ fastest-growing rental markets. This clean, well-maintained asset offers investors the rare combination of immediate stability and strong future upside.The property is currently anchored by a long-term tenant base and features (3) 3 bedroom and (3) 2 bedroom units, separately metered utilities, allowing for efficient management and favorable operating margins. With a clear path to increasing rents over time, the pro forma income has the potential to exceed $10,000/month upon full stabilization. Additional highlights include brand new fire alarm system, ample off-street parking, newer roof, and coin operated laundry system. Property has 3 vacant units ready to be turned or rented out. Don’t miss the opportunity to acquire a high-performing asset with meaningful growth potential in a rapidly expanding market.
This home has been viewed 10 times
Last Checked: October 19th, 2026 at 7:13am (Source: MLS PIN #73495132)
Gross Income: $16,800
Gross Expenses: $8,517
Net Income Calc: $8,283
Annual Expenses for 24-28 Hall St, Fall River MA 02724
Total Gross Expenses (Calculated)$8,517/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8517
Annual Income & Unit Breakdown for 24-28 Hall St, Fall River MA 02724
Total Gross Income (Calculated)$16,800
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms3
Bathrooms
Floor2
Levels in Unit1
Rent Includes
General Information for 24-28 Hall St, Fall River MA 02724
Listing ID73495132
Property TypeMulti Family
Price830000 ($138.96/SqFt)
Style5+ Family - 5+ Units Up/down
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total5973
Approximate Lot Size (Acres)0.16
Total Parking8
Garage Parking0
Year Built1916
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningN/A
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 24-28 Hall St, Fall River MA 02724
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
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 24-28 Hall St, Fall River MA 02724
Real Estate Taxes8517
Tax Year2025
Assessed Value$743,800
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 24-28 Hall St, Fall River MA 02724
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 24-28 Hall St, Fall River MA 02724