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Fully Occupied Investment Opportunity
For Sale
$769,000

444 Center St, Fall River, MA 02724

Six-unit property in Fall River generating $88,200 annual income.

Property Size4,593 SF
Price / SF$167.43
Days on Market135

Property Features for 444 Center St

General Information

Standard status Active
Size 4,593 SF
Property subtype 5+ Family - 5+ Units Up/Down

Building Details

Year Built 1900
Listing Agency: Longwood Residential, LLC
Listed By: Derek Young
Source: Lockandkeyre
Added: Apr 8 Changed: Aug 19 Last Checked: Aug 20 at 4:55AM

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.

This fully occupied six-unit property is located on Center Street in Fall River. The property generates $88,200 in annual gross income. The unit mix includes three two-bedroom, one-bath units and three one-bedroom, one-bath units. Current financials support an approximately 8+ cap on in-place income, with potential for increased value through improvements and rent optimization. The property benefits from a strong tenant base and immediate cash flow, along with continued rental growth in the Fall River market. Local amenities are conveniently accessible. The property size is 4,593 square feet.

Key Highlights

  • Generates $88,200 in annual gross income.
  • Fully occupied 6‑unit investment property.
  • Strong tenant base in place with immediate cash flow.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel Acupuncture Dental Office (Bike/Boat/Book/etc) Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,503
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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 $769,000.
What are key features of this property?
This property features: Generates $88,200 in annual gross income.; Fully occupied 6‑unit investment property.; Strong tenant base in place with immediate cash flow.
More about this property
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