4-Unit Multifamily
For Sale
$775,000
Pending
129 FULTON STREET, Fall River, MA 02720
One apartment is vacant, while the remaining units include a range of bedroom and bathroom configurations.
Property Size3,357 SF
Days on Market10
Property Features for 129 FULTON STREET
General Information
Standard status
Pending
Size
3,357 SF
Property subtype
Multi-Family
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
Amenities
large yard
Building Details
Year Built
1900
Listing Agency:
Vicente Realty, LLC
Listed By:
Merysa Berrios Sevilla · License #9537920
(508) 944-3144
Source:
Idx.mlspin
Added: Oct 7
Changed: Oct 15
Last Checked: Oct 14 at 7:33PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The four-unit property at 129 Fulton Street in Fall River contains a 4-bedroom, 2-bathroom apartment, a 3-bedroom, 2-bathroom apartment currently configured for use as four bedrooms, and two 2-bedroom, 1-bathroom apartments. One unit is vacant, and the property has off-street parking and a yard. The building dates to 1900 and has a reported property size of 3,357.
Routes 79 and 195 and a train station are described as a short distance from the property. The occupied units have long-term tenants.
Routes 79 and 195 and a train station are described as a short distance from the property. The occupied units have long-term tenants.
Key Highlights
- Four residential units with a mix of 4‑bedroom, 2‑bathroom; 3‑bedroom, 2‑bathroom; and two 2‑bedroom, 1‑bathroom layouts
- One unit is vacant
- Off‑street parking and a yard
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 - One apartment is vacant, while the remaining units include a range of bedroom and bathroom configurations.
Where is this quadplex located?
The property is located at 129 FULTON STREET 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 residential units with a mix of 4‑bedroom, 2‑bathroom; 3‑bedroom, 2‑bathroom; and two 2‑bedroom, 1‑bathroom layouts; One unit is vacant; Off‑street parking and a yard
