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Turnkey 6-unit investment property offering strong cash flow and a proven rental history. The end-of-year 2025 cap rate was 8.99%, with clear potential for immediate upside upon new ownership.The property consists of six 2-bedroom units, four units are equipped with space heaters, while two units feature forced air systems. All tenants are at will, providing investors with the flexibility to adjust rents to market rates and maximize returns.The building is set up for efficiency with separate utilities, with tenants responsible for their own expenses, helping keep operating costs low. Key updates have been completed, including electrical improvements and renovations throughout. This is an ideal opportunity for investors seeking a stable, income-producing asset with value-add potential, strong fundamentals, and the ability to increase NOI and long-term equity.

More Info

Basic Information

  • Gross Income $102,900
  • Lot Features Other
  • Mls StatusBack on Market
  • Parcel Number M:0K09 B:0000 L:0021,2829845
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $538,400
  • Tax Year 2025
  • Taxes$6,165

Parking

  • Open Parking YN Yes
  • Parking Spaces

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms12
  • Full Bath6

Basic Information

  • List Price$920,000
  • MLS Number73489887
  • Modification Date06/02/2026
  • Property SubType5-9 Family

Location

  • Address274 Harrison Street
  • Building Number274
  • CountyBristol
  • StateMA
  • StreetHarrison Street
  • TownFall River
  • Zip02723

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • FoundationOther
  • Levels 10
  • Rooms24
  • Stories10
  • Units6
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.09

Interior

  • Interior Features Living Room, Kitchen

Utilities

  • Electric 100 Amp Service
  • Electric Expense 780
  • Heat SystemYes
  • Heating Space Heater, Forced Air
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,136
  • Lot Size Square Feet 3,999
  • Lot Size Units Acres
  • Square Feet5,136

Amenities

  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningN/A

Other

  • Date Listed03/21/2026
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Merysa Berrios Sevilla of Vicente Realty,LLC

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