Hall Street Multifamily Investment
For Sale
$879,900
Pending
24-28 Hall St, Fall River, MA 02724
Value-add multifamily property in a rapidly growing rental market.
Property Size5,973 SF
Days on Market133
Property Features for 24-28 Hall St
General Information
Standard status
Pending
Size
5,973 SF
Property subtype
5+ Family - 5+ Units Up/Down
Building Details
Year Built
1916
Listing Agency:
Longwood Residential, LLC
(857) 249-5131
Listed By:
Derek Young
(857) 249-5131
Source:
Lockandkeyre
Added: Apr 2
Changed: Aug 11
Last Checked: Aug 11 at 6:42AM
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 Longwood Residential, LLC
Investment Insights
Based on property information with market context.
Located in Fall River, Massachusetts, 24-28 Hall St presents a value-add opportunity in a rapidly expanding rental market. This well-maintained property offers immediate stability and future upside for investors. The property is currently anchored by long-term tenants and features separately metered utilities, which allows for efficient management and favorable operating margins. There is potential to increase rents over time, with pro forma income potentially exceeding $10,000 per month upon full stabilization. Additional highlights include ample off-street parking and overall solid condition with no anticipated capital expenditures, positioning this as a plug-and-play investment with upside. The property size is 5973 square feet.
Key Highlights
- High‑performing asset in Fall River, one of Massachusetts’ fastest‑growing rental markets.
- Strong future upside with potential to exceed $10,000/month pro forma income upon full stabilization.
- Immediate stability with a long‑term tenant base.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 02724, MA
18,050
Population
8,808
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
76%
High-School Grad
1.8 sq mi
ZIP Area
10,028
Density / Sq Mi
$49,809
Median Household Income
$42,334
Median Earnings
$1,105
Median Rent
$368,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add multifamily property in a rapidly growing rental market.
Where is this apartment building located?
The property is located at 24-28 Hall St Fall River, MA.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: High‑performing asset in Fall River, one of Massachusetts’ fastest‑growing rental markets.; Strong future upside with potential to exceed $10,000/month pro forma income upon full stabilization.; Immediate stability with a long‑term tenant base.
