Renovated Triplex in Prime
For Sale
$825,000
Pending
36 Mcclure Pl, Fall River, MA 02720
Fully renovated three-family property in desirable Fall River location.
Property Size3,000 SF
Days on Market174
Property Features for 36 Mcclure Pl
General Information
Standard status
Pending
Size
3,000 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$5,185
Building Details
Building Size
3,000 SF
Year Built
1900
Stories
4
Units
3
Listing Agency:
Peak Real Estate
Listed By:
Christopher Mongeon · License #9581114
(774) 992-8511
Source:
Elliman
Added: Apr 15
Changed: Aug 10
Last Checked: Aug 8 at 2:56AM
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 Peak Real Estate
Investment Insights
Based on property information with market context.
This fully renovated three-family property is located in the north end of Fall River. The property features 9 bedrooms and 3 full bathrooms. Each unit is fully updated and offers spacious living with modern appliances. The property includes a large backyard and an abundance of storage space in the basement. Ample off-street parking is available. Situated on a cul-de-sac, the property offers added privacy and minimal traffic. Located just 2 minutes from the T-Station, this location is ideal for commuters. The property will be delivered completely vacant, allowing for immediate occupancy or strong rental potential at market rates.
Key Highlights
- Fully renovated three‑family property in the highly desirable north end of Fall River.
- Delivered completely vacant, allowing for immediate occupancy or rental at market rates.
- Prime location: just 2 minutes from the T‑Station, ideal for commuters.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,613
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,260
$1.1M
Cap Rate 7%
$765,900
$765.9K
Cap Rate 9%
$595,700
$595.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$82.8K $27.60/SF
− Vacancy
−$6.2K −$2.07/SF
EGI
$76.6K $25.53/SF
− OpEx
−$23.0K −$7.66/SF
NOI
$53.6K $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%
$1,072,260
Cap Rate 7%
$765,900
Cap Rate 9%
$595,700
Alternative Uses
Best Use
Multifamily LT 5
$765.9K
$670.2K – $893.6K
NOI $53,613 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$711.8K
$622.8K – $830.4K
NOI $49,825 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,886 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,694
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated three-family property in desirable Fall River location.
Where is this triplex located?
The property is located at 36 Mcclure Pl Fall River, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Fully renovated three‑family property in the highly desirable north end of Fall River.; Delivered completely vacant, allowing for immediate occupancy or rental at market rates.; Prime location: just 2 minutes from the T‑Station, ideal for commuters.
