About 444 Center St
Fully occupied 6-unit investment opportunity at 444 Center St in Fall River generating $88,200 in annual gross income. The property features a well-balanced unit mix of three 2-bedroom/1-bath units and three 1-bedroom/1-bath units, offering broad rental appeal and consistent occupancy. Current financials support an ~8+ cap on in-place income, with clear value-add potential through strategic improvements and rent optimization. Strong tenant base in place with immediate cash flow, complemented by continued rental growth in the Fall River market. Conveniently located with access to local amenities, this is a compelling addition to any portfolio seeking both cash flow and upside.
Features of 444 Center St
| MLS® # | 73498089 |
|---|---|
| Price | $769,000 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 4,593 |
| Acres | 0.08 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 444 Center St |
|---|---|
| City | Fall River |
| County | Bristol |
| State | MA |
| Zip Code | 02724-2743 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Shingle |
| Construction | Frame |
| Foundation | Stone |
Additional Information
| Zoning | R-4 |
|---|
Listing Details
| Agent | Derek Young |
|---|---|
| Office | Longwood Residential, LLC |