
282 Sprague Fall River — Photo 1 of 22
$899,900
Fall River, MA 02724
Beds
12
Baths
6
SqFt
5,076
Style
5-9 Family
Built
1900
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
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Fall River, MA.
Public Transportation • Park • Walk/Jog Trails
18,505
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$56K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
66.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Lyndsey Pachon
Listing Office: Lyndsey Pachon
MLS® Number: 73558524
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