Back to Search
Three-Unit Residential Income Property

154 Mott St Fall River, MA 02721

Claim this Listing
New
For Sale
$724,900

MULTI_FAMILY - Fall River, MA

Property size:
3,818 SF
Lot size:
0.16 Acres
Price / SF:
$189/SF
Added:
Jul 6, 2026
Days on Market:
7
Last Refresh:
Jul 12 at 11:06 pm

Property Features for 154 Mott St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 3
Parking
8
Standard status
Active
APN
M:0F18 B:0000 L:0091,2824913
Size
3,818 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6403

Building Details

Year built
1900
Floors in Building
3
Number of units
3

Listing agent Clifford Ponte License #9554597

Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

Listing date Jul 6, 2026

MLS# 73545062 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained three-family residence offers spacious 3-bedroom apartments and updated interiors. Two of the three units are currently occupied by tenants at will, providing flexibility for either an owner-occupant or an investor. The building includes a coin-operated laundry in the basement, along with an outdoor garden area featuring mature fruit trees.

The property is located at 154 Mott St in Fall River, Massachusetts, and is described as zoned R-4. The site includes 8+ off-street parking spaces, which can support both tenant needs and guest parking.

For buyers seeking a residential income property, the current tenant-at-will occupancy can offer immediate rental continuity while leaving room to tailor future occupancy or an owner-occupant plan. The on-site coin-operated laundry and the dedicated outdoor garden features add practical value for day-to-day tenant use. Zoning and on-site parking support straightforward residential operations for a three-family setup.

Key Highlights

  • Fall River 3‑family with Year Built 1900
  • Spacious 3‑bedroom units with 8+ off‑street parking spaces
  • Two units currently occupied by tenants at will for immediate rental income

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $123.7k $32.40
− Vacancy −$8.4k −$2.20
EGI $115.3k $30.20
− OpEx −$51.9k −$13.59
NOI $63.4k $16.61
3,818 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$974.7K
$852.9K – $1.14M (±1% cap)
NOI $68,231 @ 7.0% cap · market cap 9.41%
Second Best
Apartment 5plus
$905.9K
$792.6K – $1.06M (±1% cap)
NOI $63,410 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$2.33M
$2.03M – $2.71M (±1% cap)
NOI $162,757 @ 7.0% cap · market cap 22.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store Catering Service Butcher Cosmetic Store Restaurant (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-family property with updated 3-bedroom units, coin-operated laundry, garden area, and 8+ off-street parking spaces.
Where is this triplex located?
The property is located at 154 Mott St Fall River, MA.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: Fall River 3‑family with Year Built 1900; Spacious 3‑bedroom units with 8+ off‑street parking spaces; Two units currently occupied by tenants at will for immediate rental income
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message