Move-In Ready 3-Family Residence

552 Alden St Fall River, MA 02723

Claim this Listing
For Sale
$699,900

MULTI_FAMILY - Fall River, MA

Property size:
3,141 SF
Lot size:
0.11 Acres
Price / SF:
$222/SF
Added:
Jul 5, 2026
Days on Market:
8
Last Refresh:
Jul 12 at 11:06 pm

Property Features for 552 Alden St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking
3
Standard status
Active
APN
M:0J20 B:0000 L:0060,2829584
Size
3,141 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6018

Building Details

Year built
1879
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 5, 2026

MLS# 73545183 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 move-in ready three-family residence contains three separate units, each laid out with wood flooring and offering two bedrooms, a living room, a dining room, a kitchen, and a full bathroom. A basement below provides unfinished space along with laundry and storage. Off-street parking is provided with one space per unit, supported by a small fenced yard for added outdoor utility.

Improvements include a new roof installed in 2023 and porch work completed in 2025. Coin-operated laundry is planned for 2026. The home is serviced by gas heat and is connected to town water and town sewer. Located at 552 Alden St in Fall River, MA, the property also offers easy highway access for convenient commuting.

Designed for owner-occupants and investors alike, the configuration supports flexible living while maintaining rental-ready, self-contained layouts. Each unit’s straightforward room package—bedrooms, living and dining spaces, full bathroom, and kitchen—can appeal to tenants looking for functional, move-in ready homes, with laundry and storage available in the basement common area. Parking for each unit helps reduce everyday friction and supports practical, day-to-day operations.

Key Highlights

  • Move‑in ready 3‑family in Fall River, MA built in 1879
  • Each unit includes wood flooring, 2 bedrooms, living room, dining room, kitchen, and a full bathroom
  • Town water and town sewer connected, plus gas heat

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 $86.7k $27.60
− Vacancy −$6.5k −$2.07
EGI $80.2k $25.53
− OpEx −$24.1k −$7.66
NOI $56.1k $17.87
3,141 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$801.9K
$701.7K – $935.6K (±1% cap)
NOI $56,133 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$745.2K
$652.1K – $869.4K (±1% cap)
NOI $52,166 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M (±1% cap)
NOI $133,897 @ 7.0% cap · market cap 19.13%
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

HVAC Service Accounting Firm Skin Care Clinic Cafe & Coffee Shop Kitchen & Bath Showroom Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture Home Appliance Store

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

FAQs

What type of property is this?
Triplex - Three updated units each with 2 bedrooms and off-street parking, with laundry and storage in the basement.
Where is this triplex located?
The property is located at 552 Alden St Fall River, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Move‑in ready 3‑family in Fall River, MA built in 1879; Each unit includes wood flooring, 2 bedrooms, living room, dining room, kitchen, and a full bathroom; Town water and town sewer connected, plus gas heat
Contact an agent
More about this property
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