Active

106 Days on market

489 Spring Fall River — Photo 1 of 40

Recent Drop: $5,000

$1,100,000

$1,095,000

Investment Analysis — 489 Spring

Fall River, MA 02721

Based on rent reported on the MLS listing, a 3-unit multi-family in 02721 carries $2,750/mo in gross rent — about a 1.38% cap rate and $15,151/yr in estimated NOI at the $1,095,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,346

Style

3 Family

Built

1900

ALL 3 UNITS NOW VACANT! Presenting 489 Spring Street in Fall River, MA, a newly constructed, distinguished 3-family property. This attractive property was thoughfully rebuilt from the foundation up. Each unit offers an open floor plan with 3 spacious bedrooms, 9' ceilings, granite countertops, new stainless steel appliances, hardwood floors throughout, and tiled bathrooms. Each unit also features central A/C, separate utilities, and security intercom system. Conveniently located near the bus station and just a short distance from the MBTA commuter rail. Exterior features maintenance-free vinyl siding and trex decking. Truly a low maintenance, turn-key property!

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 MLS and other third-party data may be inaccurate or out of date.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