Investment Analysis — 345 Sprague St

Fall River, MA 02724

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-unit multi-family in 02724 carries an estimated $3,720/mo in gross rent — about a 4.76% cap rate and $28,501/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,762

Style

2 Family - 2 Units Up/Down

Built

1926

A ONCE-IN-A-CENTURY OPPORTUNITY! First time on the market in 100 years, this immaculate two-family home has been lovingly owned and maintained by the same family since it was built. Offering 6 bedrooms and 2 full baths, this solid, beautifully preserved home is filled with timeless character—gleaming hardwood floors, solid wood doors, vintage light fixtures, stained glass windows and original glass doorknobs. Each kitchen has an abundance of cabinet space and a separate pantry. Enjoy the porches on both levels, a spacious backyard, and a detached two-stall garage with soaring ceilings, ideal for a car lift, workshop, or additional storage. Maintenance free Vinyl Siding and Vinyl Windows. Set on a 0.198-acre lot in a convenient location close to shopping, dining, walking, and everyday amenities. A rare opportunity to own a piece of history with exceptional craftsmanship, pride of ownership, and character that simply cannot be replicated today! This is a solid home through and through, an extraordinary opportunity for an owner-occupant, multigeneratonal living, or investment. Both Units are Vacant.

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 MLS and other third-party data may be inaccurate or out of date.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.