144 Choate St. Fall River — Photo 1 of 30
$1,400,000
Investment Analysis — 144 Choate St.
Fall River, MA 02723
Based on rent reported on the MLS listing, a 8-unit multi-family in 02723 carries $12,080/mo in gross rent — about a 7.00% cap rate and $97,989/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.
Beds
20
Baths
8
SqFt
7,686
Style
5-9 Family
Built
1900
Invest in Fall River! Well-maintained 8-unit property spanning four levels, offering four 3-bedroom units and four 2-bedroom units. Each spacious unit has seen updates, including improvements to common areas, kitchens and baths. All units feature baseboard heating and individually metered electric for added convenience and efficiency. Property includes off-street parking for eight vehicles and is ideally located near highway access, parks, and schools. Seller just installed a new aluminum fire escape. Current NOI exceeds $117K with additional upside potential.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Highway Access • House of Worship • Private School
Geography
Property History
$1,400,000
Aug 21, 2026
MLS® 73566691
$1,450,000
Aug 17, 2026
MLS® 73523749
$1,450,000
May 26, 2026
MLS® 73523749
$1,475,000
May 21, 2026
MLS® 73481453
$1,475,000
Mar 2, 2026
MLS® 73481453
$1,550,000
Oct 31, 2024
MLS® 73253313
$1,550,000
Jun 17, 2024
MLS® 73253313
Listing Agent: Christopher J. Paiva
Listing Office: Paiva Real Estate Services, LLC
MLS® Number: 73566691
