282 Sprague St Fall River, MA 02724
Sandy Beach NeighborhoodEstimated payment $5,685/month
Highlights
- Property is near public transit
- Park
- Level Lot
- Jogging Path
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,354
Year Built
- Built in 1900
Lot Details
- 4,382 Sq Ft Lot
- Level Lot
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 5,076 Sq Ft Home
- Property has 1 Level
- Basement
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Location
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:0G21 B:0000 L:0064,2826766
Community Details
Recreation
- Park
- Jogging Path
Additional Features
- 6 Units
- Net Operating Income $97,368
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,354 | $729,600 | $106,800 | $622,800 |
| 2024 | $7,458 | $649,100 | $102,800 | $546,300 |
| 2023 | $6,593 | $537,300 | $85,000 | $452,300 |
| 2022 | $4,950 | $392,200 | $80,900 | $311,300 |
| 2021 | $4,500 | $325,400 | $77,000 | $248,400 |
| 2020 | $3,878 | $268,400 | $75,900 | $192,500 |
| 2019 | $3,534 | $242,400 | $73,000 | $169,400 |
| 2018 | $3,393 | $232,100 | $79,100 | $153,000 |
| 2017 | $3,198 | $228,400 | $75,400 | $153,000 |
| 2016 | $3,087 | $226,500 | $80,200 | $146,300 |
| 2015 | $2,876 | $219,900 | $80,200 | $139,700 |
| 2014 | $2,880 | $228,900 | $77,900 | $151,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $899,900 | +65.1% | $177 / Sq Ft | |
| 09/15/2021 09/15/21 | Sold | $545,000 | +21.1% | $107 / Sq Ft | View Prior Sale |
| 06/30/2021 06/30/21 | Pending | -- | -- | -- | |
| 06/25/2021 06/25/21 | For Sale | $449,900 | -- | $89 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $545,000 | None Available | |
| Quit Claim Deed | $300,000 | None Available | |
| Deed | $102,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,750 | Purchase Money Mortgage | |
| Previous Owner | $340,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73558524
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