283-289 5th St

5,000 Sq. Ft.
$200 / Sq. Ft.
5,000
Sq. Ft.
$200
per Sq. Ft.

Description

Rare opportunity to acquire a 5 unit package consisting of a 3 family and 2 family offered together for under $1M. Strong income potential with both buildings featuring vacancies, allowing a buyer to set market rents immediately. Fully rented, the property has the ability to generate close to $10,000 per month. Ideal for investor or owner occupant looking to scale with built in upside. Units offer functional layouts with solid bedroom counts and separate utilities. Off street parking and convenient...Rare opportunity to acquire a 5 unit package consisting of a 3 family and 2 family offered together for under $1M. Strong income potential with both buildings featuring vacancies, allowing a buyer to set market rents immediately. Fully rented, the property has the ability to generate close to $10,000 per month. Ideal for investor or owner occupant looking to scale with built in upside. Units offer functional layouts with solid bedroom counts and separate utilities. Off street parking and convenient location near major routes, shopping and amenities add to long term desirability. Excellent value add opportunity with significant rental growth potential. Buyers to perform their own due diligence.
  1. Listed by SRG Properties Group • Century 21 North East Homes
  2. Listed by Sophia Ricci • Century 21 North East Homes

Property Details for 283-289 5th Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
.00
Parking Spaces Total
0
LISTING UPDATED: 05/04/2026 05:22 PM

Property Details for 283-289 5th Street

StatusNew
MLS #73512335
Days on MarketListed Today
Taxes$6,991 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1940
CountyBristol County

Location

Listing Courtesy of Century 21 North East Homes, SRG Properties Group; Century 21 North East Homes, Sophia Ricci
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Building Information for 283-289 5th Street

Stories5Residences5Year Built1940Building Size-Lot Size0.17 AC / 7,196 SF

Payment Calculator

$5,613 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,030

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 283-289 5th Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 5000.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Fencing: Fenced/Enclosed
  • Lot Description: Cleared
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: This is 2 buildings of one 3 Family and one 2 Family.
Tax Information
  • Listing Terms: Contract
  • Assessments: $611,600
  • Book: 0
  • Tax Year: 2025
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Granite
  • Levels: 5
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 0
  • Heat Zones: 0
Income / Expenses
  • GOI: $84,000.00
  • NOI: $84,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,200.00

Property History for 283-289 5th Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Listed (Active)

MLS PIN #73512335

$999,000
Oct 17, 2022

Sold

MLS PIN #73030444

$500,000
Sep 14, 2022

Under Agreement

MLS PIN #73030444

DateEvent & SourcePrice
05/04/2026

Listed (Active)

MLS PIN #73512335

$999,000
10/17/2022

Sold

MLS PIN #73030444

$500,000
09/14/2022

Under Agreement

MLS PIN #73030444

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 283-289 5th Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 2 to 12
Rating
School
Distance
Henry Lord Community School
PublicK to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 to 12

Stone Day School
Public2 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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283-289 5th Street is a multi-family home for sale in Fall River, MA 02721. This listing's school district is Fall River School District. Nearby schools include Henry Lord Community School, B M C Durfee High School and Resiliency Preparatory Academy. 283-289 5th Street is a 10-bed, 5-bath, 5,000 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 North East Homes, SRG Properties Group; Century 21 North East Homes, Sophia Ricci

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.