Vacant Duplex with Detached
For Sale
$500,000
57 Chesworth St, Fall River, MA 02723
Vacant two-unit property with a detached garage, separate shed, and substantial outdoor space.
Property Size1,767 SF
Days on Market26
Property Features for 57 Chesworth St
General Information
Standard status
Active
Size
1,767 SF
Property subtype
Investment
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,576
Amenities
large yard
separate shed
Building Details
Building Size
1,767 SF
Year Built
1900
Stories
2
Units
2
Listing Agency:
revolv Real Estate
Listed By:
Jade Garcia · License #9582434
(508) 493-2829
Source:
Elliman
Added: Sep 10
Changed: Oct 3
Last Checked: Oct 4 at 9:52AM
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 revolv Real Estate
Investment Insights
Based on property information with market context.
Built in 1900, this vacant duplex contains two separate living units and offers flexibility for occupancy or rental use. The property includes a large yard, a detached garage for parking and storage, and an additional shed for tools, equipment, and outdoor belongings.
Located at 57 Chesworth St in Fall River, the property has a walkScore of 82, classified as Very Walkable. Its bikeScore is 59, or Bikeable, while the transitScore is 32, identified as Some Transit. The property is vacant and can support immediate occupancy, subject to buyer and buyer’s agent verification of all information and use.
Located at 57 Chesworth St in Fall River, the property has a walkScore of 82, classified as Very Walkable. Its bikeScore is 59, or Bikeable, while the transitScore is 32, identified as Some Transit. The property is vacant and can support immediate occupancy, subject to buyer and buyer’s agent verification of all information and use.
Key Highlights
- Two separate living units in a duplex configuration
- Vacant property supporting immediate occupancy
- Detached garage provides parking and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,578
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,560
$631.6K
Cap Rate 7%
$451,114
$451.1K
Cap Rate 9%
$350,867
$350.9K
Market Conditions
NOI Build-Up for 1,767 SF
Gross rent
$48.8K $27.60/SF
− Vacancy
−$3.7K −$2.07/SF
EGI
$45.1K $25.53/SF
− OpEx
−$13.5K −$7.66/SF
NOI
$31.6K $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%
$631,560
Cap Rate 7%
$451,114
Cap Rate 9%
$350,867
Alternative Uses
Best Use
Multifamily LT 5
$451.1K
$394.7K – $526.3K
NOI $31,578 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.1K
NOI $29,347 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.08M
$941.6K – $1.26M
NOI $75,325 @ 7.0% cap · market cap 15.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Explore this area
Business Placement
Demographics for 02723, MA
16,084
Population
7,976
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
10,053
Density / Sq Mi
$41,789
Median Household Income
$40,140
Median Earnings
$1,058
Median Rent
$312,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit property with a detached garage, separate shed, and substantial outdoor space.
Where is this duplex located?
The property is located at 57 Chesworth St Fall River, MA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two separate living units in a duplex configuration; Vacant property supporting immediate occupancy; Detached garage provides parking and storage
