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.
| MLS # | 73498089 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 138 |
| Listing Provided By | Longwood Residential, LLC | Derek Young |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,593 |
| Basement | Y |
| Story(s) | 5 |
| Units | 6 |
| Zoning | R-4 |
| Acreage | 0.08 |
| Rooms Total | 22 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone |
| Lot Features | Level |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|---|
| Electric | 200+ Amp Service |
| Tax Annual Amount | 6339 |
|---|---|
| Tax Assessed Value | 553600 |
| Tax Year | 2025 |
| Community Features | Public Transportation, Park, Public School, T-Station |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02724 |
| Area | Bristol |
| Listing VS Median (in 02724) | |
Price: $769,000 low | high Med: $485,000 sqft: 4,593 low | high Med: 2,160 $ / sqft: $167 low | high Med: $225 On site: 138 low | high Med: 40 | |
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02724 |
| Area | Bristol |
| Listing VS Median (in 02724) | |
Price: $769,000 low | high Med: $485,000 sqft: 4,593 low | high Med: 2,160 $ / sqft: $167 low | high Med: $225 On site: 138 low | high Med: 40 | |