Description
282 Sprague Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers a desirable unit mix of two 3-bedroom, three 2-bedroom, and one 1-bedroom apartment, with all six unitscurrently occupied and scheduled rents totaling $8,114/month, or $97,368 annually. With 13 bedrooms, 6 baths, and 5,076 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Convenientlylocated near Kennedy Park, local amenities, and Fall River waterfront attractions, this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details:Unit 1N: $1250, TAW; Unit 1S: $1000, TAW; Unit 2N: $1614, TAW; Unit 2S: $1550, TAW, Unit 3N: $1200, TAW, Unit 3S: $1500, TAW
Details
| MLS # | 73558524 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 47 |
| Listing Provided By | Lyndsey Pachon | Lyndsey Pachon |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 5,076 |
| Story(s) | 4 |
| Units | 6 |
| Zoning | R-4 |
| Acreage | 0.10 |
Interior
| Rooms Total | 30 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Lot Features | Level |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 8354 |
|---|---|
| Tax Assessed Value | 729600 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Park, Walk/Jog Trails |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02724 |
| Area | Bristol |
| Listing VS Median (in 02724) | |
Price: $850,000 low | high Med: $509,450 sqft: 5,076 low | high Med: 2,355 $ / sqft: $167 low | high Med: $216 On site: 47 low | high Med: 48.5 | |
Market Activity 02724
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Learn More About This Property
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02724 |
| Area | Bristol |
| Listing VS Median (in 02724) | |
Price: $850,000 low | high Med: $509,450 sqft: 5,076 low | high Med: 2,355 $ / sqft: $167 low | high Med: $216 On site: 47 low | high Med: 48.5 | |
