4-Unit
For Sale
$775,000
121-129 Fulton St, Fall River, MA 02720
Four apartments include a vacant unit and a mix of bedroom configurations.
Property Size3,357 SF
Days on Market12
Property Features for 121-129 Fulton St
General Information
Standard status
Active
Size
3,357 SF
Property subtype
4 Family - 4 Units Up/Down
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 4BR/2BA, 1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$8,011
Amenities
large yard
off-street parking
Building Details
Building Size
3,357 SF
Year Built
1900
Listing Agency:
Vicente Realty, LLC
Listed By:
Merysa Berrios Sevilla · License #9537920
(508) 944-3144
Source:
Donnellyandco
Added: Oct 5
Changed: Oct 14
Last Checked: Oct 15 at 8:20AM
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 Vicente Realty, LLC
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Investment Insights
Based on property information with market context.
At 121-129 Fulton St in Fall River, this 3,357-square-foot quadplex was built in 1900. Its four apartments comprise one 4-bedroom, 2-bath unit, one 3-bedroom, 2-bath unit currently configured for four bedrooms, and two 2-bedroom, 1-bath units. One apartment is vacant; the others have long-term tenants. The property also has a yard and off-street parking.
Zoning is G. Routes 79 and 195 and a train station are nearby.
Zoning is G. Routes 79 and 195 and a train station are nearby.
Key Highlights
- Four apartments with a varied bedroom and bath mix
- One unit is vacant; remaining apartments have long‑term tenants
- One 4‑bedroom, 2‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,993
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,860
$1.2M
Cap Rate 7%
$857,043
$857.0K
Cap Rate 9%
$666,589
$666.6K
Market Conditions
NOI Build-Up for 3,357 SF
Gross rent
$92.7K $27.60/SF
− Vacancy
−$6.9K −$2.07/SF
EGI
$85.7K $25.53/SF
− OpEx
−$25.7K −$7.66/SF
NOI
$60.0K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,860
Cap Rate 7%
$857,043
Cap Rate 9%
$666,589
Alternative Uses
Best Use
Multifamily LT 5
$857.0K
$749.9K – $999.9K
NOI $59,993 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$796.5K
$696.9K – $929.2K
NOI $55,754 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$2.04M
$1.79M – $2.39M
NOI $143,105 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Explore this area
Business Placement
Demographics for 02720, MA
31,209
Population
14,940
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
2,364
Density / Sq Mi
$62,907
Median Household Income
$45,199
Median Earnings
$1,177
Median Rent
$361,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments include a vacant unit and a mix of bedroom configurations.
Where is this quadplex located?
The property is located at 121-129 Fulton St Fall River, MA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four apartments with a varied bedroom and bath mix; One unit is vacant; remaining apartments have long‑term tenants; One 4‑bedroom, 2‑bath unit
