Fully Occupied Investment
For Sale
$779,000
444 Center St, Fall River, MA 02724
Six-unit property in Fall River generating $88,200 annual income.
Property Size4,593 SF
Days on Market129
Property Features for 444 Center St
General Information
Standard status
Active
Size
4,593 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,339
Building Details
Building Size
4,593 SF
Year Built
1900
Stories
5
Units
6
Listing Agency:
(617) 319-1085
Listed By:
Ron Ifrah
(617) 319-1085
Source:
Elliman
Added: Apr 15
Changed: Aug 8
Last Checked: Jul 16 at 11:54AM
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 Ron Ifrah
Investment Insights
Based on property information with market context.
This fully occupied 6-unit property at 444 Center St in Fall River generates $88,200 in annual gross income. The property features a mix of three 2-bedroom/1-bath units and three 1-bedroom/1-bath units. The current financials support an approximately 8% capitalization rate on in-place income, with potential for increased value through improvements and rent optimization. A strong tenant base is in place with immediate cash flow, complemented by continued rental growth in the Fall River market. The location provides access to local amenities. The property has a bike score of 67, indicating it is bikeable, a walk score of 86, indicating it is very walkable, and a transit score of 43, indicating some transit options are available.
Key Highlights
- Generates $88,200 in annual gross income.
- Fully occupied 6‑unit investment property.
- ~8 cap rate on in‑place income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,503
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 - Six-unit property in Fall River generating $88,200 annual income.
Where is this apartment building located?
The property is located at 444 Center St Fall River, MA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Generates $88,200 in annual gross income.; Fully occupied 6‑unit investment property.; ~8 cap rate on in‑place income.
