Charming 6-Family Investment Opportunity

1146 Slade St, Fall River, MA 02724

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For Sale

$975,000

Well-maintained 6-unit building with upside potential in desirable location.

Type:5-9 Family

Property size:

4,196 SF

Price / SF:

$232/SF

HighLights

Excellent income growth potential due to below‑market rents.
Fully occupied 6‑family building with strong tenant appeal.
Five 2‑bedroom units and one 1‑bedroom unit, meeting current rental demand.
Separate metered utilities for each unit.
Two‑car garage and appealing curb appeal.
Updates throughout while preserving original architectural character.

We can help!

Contact an agent

Craig Howard

Learn more

For Sale

$975,000

Well-maintained 6-unit building with upside potential in desirable location.

Type:5-9 Family

Property size:

4,196 SF

Price / SF:

$232/SF

Added:: Apr 10, 2026
Days on Market:: 78
Last Refresh:: Apr 20 at 6:40 pm

Property Features for 1146 Slade St

General Information

Standard status: Active
Size: 4,196 SF
Property subtype: 5-9 Family

Building Details

Year Built: 1900

We can help!

Contact an agent

Craig Howard

Listing office Streamline Realty Group, LLC

Listing date Apr 10, 2026

Source Lockandkeyre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Streamline Realty Group, LLC

HighLights

Excellent income growth potential due to below‑market rents.
Fully occupied 6‑family building with strong tenant appeal.
Five 2‑bedroom units and one 1‑bedroom unit, meeting current rental demand.
Separate metered utilities for each unit.
Two‑car garage and appealing curb appeal.
Updates throughout while preserving original architectural character.

Overview

This is a 6-family property with curb appeal and a two-car garage. The property is fully occupied and contains five two-bedroom units and one one-bedroom unit. The units have separated metered utilities. Many updates have been done throughout the property while still honoring its original architectural character. The property is located in a lifestyle-friendly neighborhood close to amenities. In-place rents are below market averages, offering potential for future income growth. The property size is 4196 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$136.0k	$32.40
− Vacancy	−$9.2k	−$2.20
EGI	$126.7k	$30.20
− OpEx	−$57.0k	−$13.59
NOI	$69.7k	$16.61

4,196 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$995.5K

$871.1K – $1.16M (±1% cap)

NOI $69,688 @ 7.0% cap · market cap 7.15%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.56M

$2.24M – $2.98M (±1% cap)

NOI $178,870 @ 7.0% cap · market cap 18.35%

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Fall River
County: Bristol
State: Massachusetts
Longitude: -71.1659969
Latitude: 41.6842178

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For sale
Apartment buildings
MA
Fall River
02724
1146 Slade St

What type of property is this?

Apartment building - Well-maintained 6-unit building with upside potential in desirable location.

Where is this apartment building located?

The property is located at 1146 Slade St Fall River, MA.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Excellent income growth potential due to below‑market rents.; Fully occupied 6‑family building with strong tenant appeal.; Five 2‑bedroom units and one 1‑bedroom unit, meeting current rental demand.