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    227-233 Whipple St Fall River, MA 02721

    For Sale
    $1,175,000

    Six spacious units with strong rental potential and recent upgrades.

    Lot size:
    0.28 Acres

    Property Features for 227-233 Whipple St

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1900

    Source: Residential Properties Ltd Agent Stephen Gaskin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Oversized Multifamily Homes

    This property presents a rare opportunity to acquire two oversized 3-family homes situated on a single lot, totaling six spacious units. Each building contains three light-filled, 3-bedroom apartments. The units feature hardwood flooring, replacement windows, and over 1,300 square feet of living space. Designed for long-term ease of ownership, the property includes separately metered utilities and a maintenance-free vinyl exterior. Ample off-street parking is available for all tenants. One unit is currently vacant, offering immediate flexibility for investors or an opportunity for owner-occupancy to live on site while generating income. Several units have been refreshed with freshly painted walls, refinished or updated hardwood flooring, and a new fire escape. This property offers a combination of strong rental potential, recent upgrades, and the option for owner occupancy.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -71.1606206
    Latitude
    41.6940038

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    FAQs

    What type of property is this?
    Apartment building - Six spacious units with strong rental potential and recent upgrades.
    Where is this apartment building located?
    The property is located at 227-233 Whipple St Fall River, MA.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: - Two 3-family homes on one lot, totaling six spacious units.; - Large 3-bedroom apartments, each over 1,300 sq ft.; - One vacant unit provides immediate income potential or owner-occupancy opportunity.
    (508) 991-0151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    227-233 Whipple St Fall River, MA 02721
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