24–28 Hall St is a compelling value-add opportunity in Fall River—one of Massachusetts’ fastest-growing rental markets. This clean, well-maintained asset offers investors the rare combination of immediate stability and strong future upside.The property is currently anchored by a long-term tenant base and features (3) 3 bedroom and (3) 2 bedroom units, separately metered utilities, allowing for efficient management and favorable operating margins. With a clear path to increasing rents over time, the pro forma income has the potential to exceed $10,000/month upon full stabilization. Additional highlights include brand new fire alarm system, ample off-street parking, newer roof, and coin operated laundry system. Property has 3 vacant units ready to be turned or rented out. Don’t miss the opportunity to acquire a high-performing asset with meaningful growth potential in a rapidly expanding market.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Carlton M. Viveiros Elementary School
Public K-5 • Assigned • 0.1mi
4/10
Matthew J Kuss Middle School
Public 6-8 • Assigned • 0.5mi
2/10
B M C Durfee High School
Public 9-12 • Assigned • 3.0mi
2/10
Provided by GreatSchools
About Charles Street-Bowen
Street
Charles Street-Bowen Street, located between Downtown Fall River and the Highlands, is a residential and mixed-use Fall River neighborhood with classic triple-deckers and walkable side streets. The neighborhood’s character concentrates around the South Main Street and Charles Street corridor, where corner storefronts, takeout counters, and everyday services set a steady street-level rhythm. Housing reads as late-19th- and early-20th-century wood-frame blocks with occasional brick civic buildings. The waterfront edge and mill-era street grid shape short, direct routes through the area. Battleship Cove and the Fall River Heritage State Park add a maritime backdrop. The Narrows Center for the Arts and the Fall River Historical Society help anchor local culture nearby.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bathrooms
6 full bathrooms
Exterior features
Public road frontage
Home design
Five stories
Five-family property with five or more units
Parking
Eight open parking spaces
Paved driveway
Off-street parking
Construction
Frame construction
Stone foundation
Rubber roof
Built approximately five stories
Utilities
Public water
Public sewer
200+ amp electrical service
HOA & community
Community features include public transportation and a park
Electricity and solar
View estimated energy costs and solar savings for this home