1153 1157 Slade, Fall River, MA 02721
Six-unit multifamily property, fully renovated in 2013, ideal for investors.
- Added:
- Apr 13, 2026
- Days on Market:
- 74
- Last Refresh:
- Apr 20 at 6:27 pm
Property Features for 1153 1157 Slade
General Information
- Standard status
- Active
- Size
- 6,882 SF
- Property subtype
- 5-9 Family
Building Details
- Year Built
- 1900
Listing office Keller Williams South Watuppa (774) 245-1104
Listing date Apr 13, 2026
Source Lockandkeyre
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HighLights
- Fully renovated in 2013, including plumbing, heating, electrical, and roof.
- Six units with a mix of 2‑3 bedroom and 1‑2 bedroom configurations.
- Separate heating systems for each unit.
- Separately metered electrical with 100 AMP breakers in each unit.
- Full sprinkler system and direct fire department alarm.
- Separate storage area and laundry hookups for each unit in the basement.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fall River
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.1659473
- Latitude
- 41.683795