444 Center St Fall River, MA 02724
Father Kelly NeighborhoodEstimated payment $4,790/month
Highlights
- Property is near public transit and schools
- Park
- Level Lot
About This Home
Fully occupied 6-unit investment opportunity at 444 Center St in Fall River generating $88,200 in annual gross income. The property features a well-balanced unit mix of three 2-bedroom/1-bath units and three 1-bedroom/1-bath units, offering broad rental appeal and consistent occupancy. Current financials support an ~8+ cap on in-place income, with clear value-add potential through strategic improvements and rent optimization. Strong tenant base in place with immediate cash flow, complemented by continued rental growth in the Fall River market. Conveniently located with access to local amenities, this is a compelling addition to any portfolio seeking both cash flow and upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,339
Year Built
- Built in 1900
Lot Details
- 3,502 Sq Ft Lot
- Level Lot
Home Design
- 4,593 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Additional Features
- Property is near public transit and schools
- 200+ Amp Service
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number M:0G18 B:0000 L:0058,2826594
Community Details
Overview
- 6 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Net Operating Income $88,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $6,339 | $553,600 | $105,900 | $447,700 |
| 2024 | $5,693 | $495,500 | $102,000 | $393,500 |
| 2023 | $5,043 | $411,000 | $84,300 | $326,700 |
| 2022 | $4,052 | $350,600 | $80,300 | $270,300 |
| 2021 | $4,052 | $293,000 | $76,400 | $216,600 |
| 2020 | $3,530 | $244,300 | $75,300 | $169,000 |
| 2019 | $3,232 | $221,700 | $72,500 | $149,200 |
| 2018 | $3,102 | $212,200 | $78,500 | $133,700 |
| 2017 | $2,919 | $208,500 | $74,800 | $133,700 |
| 2016 | $2,831 | $207,700 | $79,600 | $128,100 |
| 2015 | $2,717 | $207,700 | $79,600 | $128,100 |
| 2014 | $2,708 | $215,300 | $77,300 | $138,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $799,000 | 0.0% | $174 / Sq Ft |
| 03/10/2012 03/10/12 | Rented | $600 | +328.6% | -- |
| 02/09/2012 02/09/12 | Under Contract | -- | -- | -- |
| 02/02/2012 02/02/12 | For Rent | $140 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73498089
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