Six-Unit Apartment
153 Jencks Street Fall River, MA 02723
153 Jencks Street, Fall River, MA, 02723
$1,300,000
For Sale
$1,300,000
Well-maintained six-unit building is fully tenanted and presented in move-in condition.
Property Size5,520 SF
Price / SF$235.51
Days on Market126
Property Features for 153 Jencks Street
General Information
- Standard status
- Active
- Size
- 5,520 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1912
Listing agency
Bohio Realty LLC
Listed by
Anthony Jean-Baptiste
(617) 696-6100
Source
Kelleyrege
Added: Mar 18 Updated: Jul 20 at 5:23PM Checked: Jul 21 at 9:10AM
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 Bohio Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained six-unit apartment building offers six separate income-producing units, each currently leased. The property is described as being in clean, move-in condition with good overall condition, suitable for an investor looking to add immediately to an existing portfolio.
The seller notes convenient access to transit, shopping, and local amenities. The offering is presented as a turnkey, stable cash-flow asset with a solid rental history and consistent rental income.
An open house is scheduled for Saturday 5/8/26 from 12:00 PM to 1:00 PM.
The seller notes convenient access to transit, shopping, and local amenities. The offering is presented as a turnkey, stable cash-flow asset with a solid rental history and consistent rental income.
An open house is scheduled for Saturday 5/8/26 from 12:00 PM to 1:00 PM.
Key Highlights
- Well‑maintained six‑unit building built in 1912
- All six units are separate income‑producing units and the property is fully tenanted
- Presented in move‑in condition with good overall condition
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 | $178.8k | $32.40 |
| − Vacancy | −$12.2k | −$2.20 |
| EGI | $166.7k | $30.20 |
| − OpEx | −$75.0k | −$13.59 |
| NOI | $91.7k | $16.61 |
5,520 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.31M
$1.15M – $1.53M
NOI $91,677 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,311 @ 7.0% cap · market cap 18.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Well-maintained six-unit building is fully tenanted and presented in move-in condition.
Where is this apartment building located?
The property is located at 153 Jencks Street 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: Well‑maintained six‑unit building built in 1912; All six units are separate income‑producing units and the property is fully tenanted; Presented in move‑in condition with good overall condition
