8-Unit Multifamily
105 Park Street Fall River, MA 02721
105 Park Street, Fall River, MA, 02721
$1,290,000
For Sale
$1,290,000
Eight apartments with a mix of one- and two-bedroom units, plus coin-operated laundry facilities.
Property Size6,472 SF
Price / SF$199.32
Days on Market257
Property Features for 105 Park Street
General Information
- Standard status
- Active
- Size
- 6,472 SF
- Property subtype
- Multi-family / 5-9 Family
Building Details
- Year Built
- 1900
Listing agency
Divine Real Estate, Inc.
(508) 938-9277
Listed by
Marcus Duviella · License #9574639
(508) 938-9277
Source
Compass
Added: Nov 6, 2025 Updated: Jul 20 at 6:46PM Checked: Jul 21 at 7:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Divine Real Estate, Inc.
Investment Insights
Based on property information with market context.
This offering presents an 8-unit multifamily property featuring five 1-bedroom/1-bath units and three 2-bedroom/1-bath units. On-site laundry includes coin-operated washer and dryer facilities, providing an additional income stream.
The transaction is described as a package, with 27 total apartments available through multiple addresses, including 105 Park Street, Fall River, MA, along with 23 Brow Street, 26 Brow Street, 30 Brow Street, and 111 Park Street.
The property is positioned for investors looking for a multi-unit residential asset with an established unit mix and income support from coin-operated laundry.
The transaction is described as a package, with 27 total apartments available through multiple addresses, including 105 Park Street, Fall River, MA, along with 23 Brow Street, 26 Brow Street, 30 Brow Street, and 111 Park Street.
The property is positioned for investors looking for a multi-unit residential asset with an established unit mix and income support from coin-operated laundry.
Key Highlights
- 8‑unit multifamily with 5 one‑bedroom/1‑bath units and 3 two‑bedroom/1‑bath units
- Coin‑operated washer and dryer on‑site
- Level lot
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 | $209.7k | $32.40 |
| − Vacancy | −$14.3k | −$2.20 |
| EGI | $195.4k | $30.20 |
| − OpEx | −$87.9k | −$13.59 |
| NOI | $107.5k | $16.61 |
6,472 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.54M
$1.34M – $1.79M
NOI $107,489 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.94M
$3.45M – $4.60M
NOI $275,894 @ 7.0% cap · market cap 21.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Eight apartments with a mix of one- and two-bedroom units, plus coin-operated laundry facilities.
Where is this apartment building located?
The property is located at 105 Park Street Fall River, MA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 8‑unit multifamily with 5 one‑bedroom/1‑bath units and 3 two‑bedroom/1‑bath units; Coin‑operated washer and dryer on‑site; Level lot
