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Spacious Three-Family Investment Opportunity
For Sale
$649,000
Pending

111 Park St, Fall River, MA 02721

Three spacious units offer investment potential in Fall River, MA.

Days on Market99

Property Features for 111 Park St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1900
Listing Agency: Divine Real Estate, Inc.
Listed By: Marcus Duviella · License #9574639
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 25 at 8:04AM

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 oversized three-family property features three spacious units, each with three bedrooms and one bathroom. The property offers flexibility for both first-time homebuyers and investors. A coin-operated washer and dryer on-site provides added convenience and income. Significant upside exists with below-market rents and room to increase cash flow. The property is located in a highly walkable area with a walk score of 91, indicating it is a walker's paradise. The bike score is 58, making it bikeable. Public transportation is available, with a transit score of 49, indicating some transit options. This property is part of a package of 27 total apartments available on the MLS, including properties at 23 Brow St, 26 Brow St, 30 Brow St, and 105 Park St, all located in Fall River, MA.

Key Highlights

  • Oversized 3‑family property ideal for owner‑occupancy or investment.
  • Three spacious 3‑bedroom/1‑bath units.
  • On‑site coin‑operated washer and dryer for added income and convenience.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel Storage Facility Veterinary Clinic Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,053
Businesses Nearby

Demographics for 02721, MA

28,075
Population
12,358
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
73%
High-School Grad
4.0 sq mi
ZIP Area
7,019
Density / Sq Mi
$50,666
Median Household Income
$40,315
Median Earnings
$1,010
Median Rent
$362,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three spacious units offer investment potential in Fall River, MA.
Where is this triplex located?
The property is located at 111 Park St Fall River, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Oversized 3‑family property ideal for owner‑occupancy or investment.; Three spacious 3‑bedroom/1‑bath units.; On‑site coin‑operated washer and dryer for added income and convenience.
More about this property
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