$769,000
9
Beds
6
Baths
4,593
Living Area
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Property Description
Fully occupied 6-unit investment opportunity at 444 Center St in Fall River generating $88,200 in annual gross income. The property features a well-balanced unit mix of three 2-bedroom/1-bath units and three 1-bedroom/1-bath units, offering broad rental appeal and consistent occupancy. Current financials support an ~8+ cap on in-place income, with clear value-add potential through strategic improvements and rent optimization. Strong tenant base in place with immediate cash flow, complemented by continued rental growth in the Fall River market. Conveniently located with access to local amenities, this is a compelling addition to any portfolio seeking both cash flow and upside.
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Highlights
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 22
- Status: Active
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Basement: Unfinished
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R-4
- Construction: Frame
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Public School, T-Station
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $553,600
- Taxes: $6,339
- Tax Year: 2025
- Total Rent: $7,350
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Listing information provided courtesy of Longwood Residential, LLC.
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