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Renovated Multifamily Investment Property

1153 1157 Slade, Fall River, MA 02721

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For Sale

$1,300,000

MULTI_FAMILY - Fall River, MA

Property size:

6,882 SF

Lot size:

0.17 Acres

Price / SF:

$188/SF

HighLights

Completely renovated 6‑family property with renovations completed in 2013 (plumbing, heating, electrical, roof, etc.)
Unit mix includes 2–3 bedrooms in 3 units and 1–2 bedrooms in the remaining 3 units
Each unit has separate heating systems; 3 systems are about 5 years old and 1 is about 13 years old
Separately metered electrical for each unit with 100‑amp breakers in each apartment
Security/fire protection includes full sprinkler system (sprinklers in every room), smoke detectors with alarm panel connected to the fire department, plus heat sensors in every unit
Basement offers separate storage for each unit plus 6 laundry hookups; 4 off‑street parking spots and a backyard

We can help!

Contact an agent

Clifford Ponte

For Sale

$1,300,000

MULTI_FAMILY - Fall River, MA

Property size:

6,882 SF

Lot size:

0.17 Acres

Price / SF:

$188/SF

Added:: Apr 13, 2026
Days on Market:: 76
Last Refresh:: Jun 27 at 6:06 pm

Property Features for 1153 1157 Slade

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RES06
Bedrooms: 15
Bathrooms: 6
Rooms: Bathroom 3, Bedroom 14, Bedroom 5, Bedroom 15, Bedroom 10, Bedroom 6, Bedroom 2, Bedroom 12, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 9, Bedroom 8, Bedroom 11, Bedroom 1, Bathroom 5, Bathroom 6, Bedroom 13
Parking: 4
Standard status: Active
Size: 6,882 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 10083

Building Details

Year built: 1900
Floors in Building: 5
Number of units: 6

We can help!

Contact an agent

Clifford Ponte

Listing agent Clifford Ponte License #9554597

Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

Listing date Apr 13, 2026

MLS# 73500544 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Completely renovated 6‑family property with renovations completed in 2013 (plumbing, heating, electrical, roof, etc.)
Unit mix includes 2–3 bedrooms in 3 units and 1–2 bedrooms in the remaining 3 units
Each unit has separate heating systems; 3 systems are about 5 years old and 1 is about 13 years old
Separately metered electrical for each unit with 100‑amp breakers in each apartment
Security/fire protection includes full sprinkler system (sprinklers in every room), smoke detectors with alarm panel connected to the fire department, plus heat sensors in every unit
Basement offers separate storage for each unit plus 6 laundry hookups; 4 off‑street parking spots and a backyard

Overview

This six-family property in Fall River, Massachusetts, presents a turnkey investment opportunity. The building was completely renovated in 2013, with updates to the plumbing, heating, electrical systems, and roof. The unit mix includes three units with two to three bedrooms and three units with one to two bedrooms. Each unit has a separate heating system; three are five years old, and one is thirteen years old. Each unit is separately metered for electricity with 100 AMP breakers. Safety features include a full sprinkler system with sprinklers in every room, smoke detectors with an alarm panel connected directly to the fire department, and heat sensors in each apartment. Each unit has its own separate storage area in the basement, along with six laundry hookups. The property includes four off-street parking spots and a small backyard. Situated on a lot of 0.1702 acres, the building has a total area of 6,882 square feet. All tenants are tenants at will.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$223.0k	$32.40
− Vacancy	−$15.2k	−$2.20
EGI	$207.8k	$30.20
− OpEx	−$93.5k	−$13.59
NOI	$114.3k	$16.61

6,882 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.63M

$1.43M – $1.90M (±1% cap)

NOI $114,298 @ 7.0% cap · market cap 8.79%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.19M

$3.67M – $4.89M (±1% cap)

NOI $293,371 @ 7.0% cap · market cap 22.57%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Fall River
County: Bristol
State: Massachusetts
Longitude: -71.165934
Latitude: 41.683786

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For sale
Apartment buildings
MA
Fall River
02721
1153 1157 Slade

What type of property is this?

Apartment building - Turnkey six-family property in Fall River, fully renovated in 2013.

Where is this apartment building located?

The property is located at 1153 1157 Slade Fall River, MA.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Completely renovated 6‑family property with renovations completed in 2013 (plumbing, heating, electrical, roof, etc.); Unit mix includes 2–3 bedrooms in 3 units and 1–2 bedrooms in the remaining 3 units; Each unit has separate heating systems; 3 systems are about 5 years old and 1 is about 13 years old

1153 1157 Slade, Fall River, MA 02721

MULTI_FAMILY - Fall River, MA

Property Features for 1153 1157 Slade

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Multi-Family Condominium Package

Renovated 2-Unit Duplex

Vacant First-Floor Triplex

Updated Multifamily Properties in Fall River

Updated Multifamily Investment Opportunity

Fall River Multifamily Investment

Fall River Multifamily Opportunity

Fall River Multi-Family Investment

Two-Unit Duplex With Townhouse-Style Layout

Two-Family Residential Income Opportunity

Three-Family Corner Lot Residence

Renovated Multifamily with Parking

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