282 Sprague Fall River — Photo 1 of 22
Recent Drop: $49,900
$850,000
Investment Analysis — 282 Sprague
Fall River, MA 02724
Based on rent reported on the MLS listing, a 6-unit multi-family in 02724 carries $8,114/mo in gross rent — about a 7.72% cap rate and $65,646/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.
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
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Park • Walk/Jog Trails
Geography
Property History
$850,000
Was $899,900
Sep 15, 2026
MLS® 73558524
$899,900
Aug 3, 2026
MLS® 73558524
Listing Agent: Lyndsey Pachon
Listing Office: Lyndsey Pachon
MLS® Number: 73558524