859 Pine Fall River — Photo 1 of 3
$5,880,000
Investment Analysis — 859 Pine
Fall River, MA 02720
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 30-unit multi-family in 02720 carries an estimated $48,600/mo in gross rent — about a 7.10% cap rate and $417,687/yr in estimated NOI at the $5,880,000 list price. Adjust every assumption in the calculator below.
Beds
63
Baths
30
SqFt
24,918
Style
5-9 Family
Built
1899
This church-turned-residential apartment building, centrally located in the heart of Fall River, features 30 occupied residential units with updated appliances and spacious unit floor plans. Amenities provided to residents include a shared laundry room, off-street parking next to the building, and a keyless entry system. The property offers a well-balanced 30-unit residential portfolio, featuring five (5) three-bedroom units, twenty-three (23) two-bedroom units, and two (2) one-bedroom units. The diverse unit mix provides strong appeal to a broad tenant base and presents an attractive opportunity for investors seeking a sizable, income-producing multifamily asset with potential for long-term rental income and value appreciation.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Robert Berle
Listing Office: NAI Advisors
MLS® Number: 73569634
