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    Well-Maintained Multifamily Property Title is generated by Realmo AI

    176 E Main Street, Fall River, MA 02724

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    Claim this Listing
    Pending
    $575,000

    MULTI_FAMILY - Fall River, MA

    Property size:
    2,448 SF
    Lot size:
    0.07 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 10 at 3:06 am

    Property Features for 176 E Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    B-L
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2
    Parking
    3
    Standard status
    Pending
    APN
    2826290
    Size
    2,448 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4264

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    3

    We can help!

    Listing Contact
    Scott Morris

    Listing agent Scott Morris

    Listing office Keller Williams Realty 574 Washington Street, South Easton, MA

    Listing date Apr 14, 2026

    MLS# 73501353 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.

    HighLights

    • Turnkey multifamily property, ideal for first‑time home buyer.
    • Separate utilities for each unit.
    • Recently installed driveway for off‑street parking.
    • Close to local amenities.
    • Minutes to highways and the New Commuter Rail.
    • Well‑maintained 3‑family property.

    Overview

    This well-maintained three-family property presents an opportunity for ownership. Ideal as a turnkey multifamily, it features numerous updates and separate utilities for each unit. A recently installed driveway accommodates off-street parking for tenants. The property is situated close to local amenities and within minutes of highways and the New Commuter Rail. The property is zoned B-L. The lot size is 0.072 acres and the property size is 2448 square feet.

    Local Financial Insights For Multifamily LT 5

    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 $67.6k $27.60
    − Vacancy −$5.1k −$2.07
    EGI $62.5k $25.53
    − OpEx −$18.7k −$7.66
    NOI $43.7k $17.87
    2,448 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $625.0K
    $546.9K – $729.1K (±1% cap)
    NOI $43,748 @ 7.0% cap · market cap 7.61%
    Second Best
    Apartment 5plus
    $580.8K
    $508.2K – $677.6K (±1% cap)
    NOI $40,657 @ 7.0% cap · market cap 7.07%
    Theoretical Best
    Office A
    $1.49M
    $1.30M – $1.74M (±1% cap)
    NOI $104,355 @ 7.0% cap · market cap 18.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.166589
    Latitude
    41.688098

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    FAQs

    What type of property is this?
    Triplex - Turnkey three-family property with updates and separate utilities.
    Where is this triplex located?
    The property is located at 176 E Main Street Fall River, MA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Turnkey multifamily property, ideal for first‑time home buyer.; Separate utilities for each unit.; Recently installed driveway for off‑street parking.
    (508) 238-5000
    We can help!
    Listing Contact
    Scott Morris
    Learn More
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