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124 Ash Street Fall River — Photo 1 of 23

124 Ash Street Fall River — Photo 1 of 23

$995,000

Investment Analysis — 124 Ash Street

Fall River, MA 02724

Based on rent reported on the MLS listing, a 6-unit multi-family in 02724 carries $9,700/mo in gross rent — about a 7.94% cap rate and $79,039/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.

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Beds

12

Baths

6

SqFt

5,208

Style

5-9 Family

Built

1969

Fully occupied 6 family (3 story) property located in the South End of Fall River. This property offers 2 bedroom units with 6 off street parking spots bringing in appx $116K a year. Constructed in 1969, this well very well maintained and expansive structure encompasses 5208 square feet of living space on a substantial .23 acre lot. Many updates have been completed since 2020 including: remodeled bathrooms, new flooring, appliances and a new energy efficiency heating system. Building offers separate electric meters adding to convenience. Rents include heat and hot water for all 6 units. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 124 Ash Street offers a unique opportunity for a compelling investment portfolio expansion.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$995,000
Annual Taxes$9,425

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms24
FireplacesNone
FlooringTile, Carpet, Wood
BasementNone

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR-4

Property & Lot

Acres0.23
SqFt Lot10,018
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Listing Provided By

Listing Agent: Mario Pereira

Listing Office: eXp Realty LLC

MLS® Number: 73564166