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    159 Covel St Fall River, MA 02723

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    For Sale
    $657,000

    Spacious 3-family home with potential for owner-occupant or investor.

    Lot size:
    0.05 Acres

    Property Features for 159 Covel St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1900

    Source: New Home Real Estate, LLC Agent Andrey Zahariev

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

    Overview

    Well-Maintained Three-Family Home

    This well-maintained three-family home offers potential for either an owner-occupant or an investor. The property is legally a 9-bedroom residence. One of the first-floor bedrooms has been converted into a large dining area, but it can be reconfigured back to a 3-bedroom layout, similar to the upper two units. The second and third floors feature bright 3-bedroom apartments, each with eat-in kitchens, semi-open floor plans, and spacious, sun-filled living rooms that include Victorian-style windows. Updates to the property include vinyl siding, two new PVC decks and stairs (front and back), replacement windows, updated kitchens and baths, and pine floors (some exposed, others under carpet or laminate). Heating is provided by gas space heaters. The property includes off-street parking for two cars, a fenced backyard, and a patio. A coin-operated washer and dryer are included.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -71.1357078
    Latitude
    41.6960996

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    FAQs

    What type of property is this?
    Triplex - Spacious 3-family home with potential for owner-occupant or investor.
    Where is this triplex located?
    The property is located at 159 Covel St Fall River, MA.
    What is the asking price?
    The asking price for this property is $657,000.
    What are key features of this property?
    This property features: - Well-maintained 3-family home with income potential.; - Legally a 9-bedroom property with flexible layout options.; - **Updated features including vinyl siding, PVC decks, replacement windows, kitchens, and baths.**
    (857) 222-7744
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    159 Covel St Fall River, MA 02723
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    Fall River, MA 02723
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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
    159 Covel St Fall River, MA 02723
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