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Active

282 Sprague, Fall River MA 02724

$899,900

Estimated $2,155/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $149,983.33

Total Rent: 64968/year

Estimated CAP Rate:

12 Bedrooms

Baths

5076

Total Parking: 0

4,382 (0.10)

282 Sprague Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers a desirable unit mix of two 3-bedroom, three 2-bedroom, and one 1-bedroom apartment, with all six unitscurrently occupied and scheduled rents totaling $8,114/month, or $97,368 annually. With 13 bedrooms, 6 baths, and 5,076 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Convenientlylocated near Kennedy Park, local amenities, and Fall River waterfront attractions, this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details:Unit 1N: $1250, TAW; Unit 1S: $1000, TAW; Unit 2N: $1614, TAW; Unit 2S: $1550, TAW, Unit 3N: $1200, TAW, Unit 3S: $1500, TAW

This home has been viewed 5 times

Last Checked: August 5th, 2026 at 6:48am (Source: MLS PIN #73558524)

Gross Income: $64,968

Gross Expenses: $8,354

Net Income Calc: $56,614

Water Views

Annual Expenses for 282 Sprague, Fall River MA 02724

Total Gross Expenses (Calculated)$8,354/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8354

Annual Income & Unit Breakdown for 282 Sprague, Fall River MA 02724

Total Gross Income (Calculated)$64,968

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 282 Sprague, Fall River MA 02724

Listing ID73558524

Property TypeMulti Family / 5+ Family

Price899900 ($177.29/SqFt)

Style5-9 Family

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total5076

Approximate Lot Size (Acres)0.1

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR-4

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 282 Sprague, Fall River MA 02724

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

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 282 Sprague, Fall River MA 02724

Real Estate Taxes8354

Tax Year2025

Assessed Value$729,600

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 282 Sprague, Fall River MA 02724

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 282 Sprague, Fall River MA 02724

Agent

Name: Lyndsey Pachon

Office

Name: Lyndsey Pachon

Phone: 508-536-3527

Payment Calculator

, Interest

Property Taxes 696.17

Principal & Interest 5544.9

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lyndsey Pachon

Agent Phone

Office Phone

(508) 536-3527

Text Agent Call Agent Call Office

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    [description] => 282 Sprague Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers a desirable unit mix of two 3-bedroom, three 2-bedroom, and one 1-bedroom apartment, with all six unitscurrently occupied and scheduled rents totaling $8,114/month, or $97,368 annually. With 13 bedrooms, 6 baths, and 5,076 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Convenientlylocated near Kennedy Park, local amenities, and Fall River waterfront attractions, this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details:Unit 1N: $1250, TAW; Unit 1S: $1000, TAW; Unit 2N: $1614, TAW; Unit 2S: $1550, TAW, Unit 3N: $1200, TAW, Unit 3S: $1500, TAW
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    [unparsed] => 282 Sprague, Fall River MA 02724
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EXIT

19 More Photos

Active

282 Sprague, Fall River MA 02724

$899,900

Annual Expenses for 282 Sprague, Fall River MA 02724

Annual Income & Unit Breakdown for 282 Sprague, Fall River MA 02724

General Information for 282 Sprague, Fall River MA 02724

Disclosures for 282 Sprague, Fall River MA 02724

Financial Information for 282 Sprague, Fall River MA 02724

Location Information for 282 Sprague, Fall River MA 02724

Contact Information for 282 Sprague, Fall River MA 02724

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lyndsey Pachon

Lyndsey Pachon