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    Fall River Multifamily Opportunity Title is generated by Realmo AI

    119-121 Tremont St, Fall River, MA 02720

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    Claim this Listing
    For Sale
    $1,350,000

    MULTI_FAMILY - Fall River, MA

    Property size:
    6,898 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $195/SF
    Added:
    Mar 30, 2026
    Days on Market:
    99
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 119-121 Tremont St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    M
    Bedrooms
    21
    Bathrooms
    7
    Rooms
    Bedroom 20, Bathroom 6, Bedroom 7, Bathroom 7, Bedroom 10, Bedroom 13, Bedroom 21, Bedroom 11, Bathroom 1, Bedroom 8, Bedroom 14, Bathroom 2, Bedroom 18, Bedroom 5, Bedroom 12, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 5, Bedroom 6, Bedroom 19, Bathroom 4, Bedroom 9, Bedroom 17, Bedroom 15, Bedroom 16, Bedroom 1, Bathroom 3
    Parking
    7
    Standard status
    Active
    APN
    M:0M13 B:0000 L:0049,2832263
    Size
    6,898 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9127

    Building Details

    Year built
    1900
    Floors in Building
    5
    Number of units
    7

    We can help!

    Contact an agent
    Eddie Lopez
    Eddie Lopez

    Listing agent Eddie Lopez

    Listing office RE/MAX Vantage 77 State Road, Boston, MA

    Listing date Mar 30, 2026

    MLS# 73493353 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

    • 6‑unit multifamily on the same lot as an additional single‑family home
    • 6 units feature identical layouts with 3 bedrooms per unit
    • Each unit includes a space heater and a galley‑style kitchen with an open living/dining area
    • Single‑family home offers 3 bedrooms and 1 bathroom
    • Both buildings share a large off‑street parking lot area
    • Year built: 1900

    Overview

    This property features a six-unit building and an additional single-family home situated on the same lot. The six-unit building contains three-bedroom units, each with an identical layout. Each unit includes a space heater and a galley-style kitchen, along with an open living and dining area. The single-family home also has three bedrooms and one bath. Both buildings share a large, off-street parking lot area. The property is located in Fall River, MA, and the lot size is 0.1389 acres. The property size is 6,898 square feet. The zoning is M.

    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 $223.5k $32.40
    − Vacancy −$15.2k −$2.20
    EGI $208.3k $30.20
    − OpEx −$93.7k −$13.59
    NOI $114.6k $16.61
    6,898 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.64M
    $1.43M – $1.91M (±1% cap)
    NOI $114,564 @ 7.0% cap · market cap 8.49%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.20M
    $3.68M – $4.90M (±1% cap)
    NOI $294,053 @ 7.0% cap · market cap 21.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    (Bike/Boat/Book/etc) Store Restaurant Parking Lot & Garage Hotel & Motel Restaurant Florist Restaurant Tattoo & Piercing Shop Garden Center Coworking & Hybrid Office

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.143895
    Latitude
    41.701647

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with six units and a single-family home.
    Where is this apartment building located?
    The property is located at 119-121 Tremont St Fall River, MA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 6‑unit multifamily on the same lot as an additional single‑family home; 6 units feature identical layouts with 3 bedrooms per unit; Each unit includes a space heater and a galley‑style kitchen with an open living/dining area
    (508) 999-4424
    We can help!
    Contact an agent
    Eddie Lopez
    Eddie Lopez
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