283-289 Fifth St

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283-289 Fifth St

Fall River, MA 02721
Asking Price
$999K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Fall River Massachusetts
  • The property is currently listed for sale at nine hundred ninety-nine thousand dollars
  • Asset is situated in the 02721 zip code region
  • Multifamily configuration offers potential for residential investment in the local market
  • The site provides access to major transit routes in Bristol County

What's Special

Fall River serves as a key industrial and residential hub within the Bristol County region of Massachusetts. The city benefits from its historical roots and ongoing efforts to revitalize its urban housing stock, providing a steady demand for rental options. Positioned within this established market, the multifamily apartment building at 283-289 Fifth St presents a residential investment for those seeking a presence in a growing southeastern Massachusetts municipality. The property offers proximity to regional transit connections and the city's central business district, facilitating access for commuters and residents alike. This asset type is well-suited for investors looking to participate in the local rental market or long-term holders aiming to diversify their portfolio in a densely populated coastal area. The building configuration accommodates multiple residential units, providing a functional footprint for property management and operations within the local zoning framework. Its location within the 02721 zip code positions the asset near essential local amenities and major roadways, supporting consistent tenant interest in a stable residential environment.

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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917

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