$899,900
12
Beds
6
Baths
5,076
Living Area
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Property 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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Highlights
- Levels: 4
- Property Type: 5-9 Family
- Total Rooms: 30
- Status: Active
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Foundation: Concrete Perimeter
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R-4
- Lot Features: Level
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Walk/Jog Trails
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $729,600
- Taxes: $8,354
- Tax Year: 2025
- Total Rent: $8,114
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