240 Osborn St Fall River — Photo 1 of 8
$899,000
Investment Analysis — 240 Osborn St
Fall River, MA 02724
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 10-unit multi-family in 02724 carries an estimated $15,400/mo in gross rent — about a 14.37% cap rate and $129,185/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
22
Baths
15
SqFt
13,067
Style
5+ Family - 5+ Units Side by Side
Built
1924
Great value at this aggressive price! Fantastic opportunity to own a well-maintained 10-unit building in a prime commuter location. This property features a highly desirable layout comprised primarily of spacious 3 and 2 -bedroom units, perfect for attracting long-term, stable residents. Lead compliance certificates are already in hand for some of the units. Commuters will love the convenient location just minutes from the MBTA transit line as well as parks and a hospital. Some of the heavy lifting has been done for you with major recent updates, including a brand-new roof, updated electrical wiring, and low-maintenance vinyl siding. With great bones, modern mechanical updates, and excellent rental income potential, this building is a rare find in today's market.
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 MLS and other third-party data may be inaccurate or out of date.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 • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Listing Agent: John P. Viveiros
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73575554