Three-Family Residential
147 Jefferson Street Fall River, MA 02721
147 Jefferson Street, Fall River, MA, 02721
$659,900
For Sale
$659,900
Three-family building with two- and three-bedroom units, lead-free certification, and off-street parking.
Property Size2,483 SF
Price / SF$265.77
Days on Market88
Property Features for 147 Jefferson Street
General Information
- Standard status
- Active
- Size
- 2,483 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1921
Listing agency
KAM Realty
Listed by
Kenneth A Mongeon
(617) 396-3100
Source
Longwoodresidential
Added: Apr 25 Updated: Jul 21 at 12:58PM Checked: Jul 21 at 12:58PM
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 KAM Realty
Investment Insights
Based on property information with market context.
This three-family residential income property includes two- and three-bedroom units. All units are certified lead free, supporting straightforward residential compliance expectations. The building features a 200 amp service, along with vinyl exterior and vinyl windows, and it offers off-street parking.
The property is described as having easy access to banks, shopping, and the highway, making it convenient for tenants and day-to-day needs.
As a three-unit asset, it provides an income-producing structure with a mix of unit sizes within the same building, all under the lead-free certification noted in the property remarks.
The property is described as having easy access to banks, shopping, and the highway, making it convenient for tenants and day-to-day needs.
As a three-unit asset, it provides an income-producing structure with a mix of unit sizes within the same building, all under the lead-free certification noted in the property remarks.
Key Highlights
- 3‑family building with 2- and 3‑bedroom units
- All units are certified lead free
- 200 amp service
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.5k | $27.60 |
| − Vacancy | −$5.1k | −$2.07 |
| EGI | $63.4k | $25.53 |
| − OpEx | −$19.0k | −$7.66 |
| NOI | $44.4k | $17.87 |
2,483 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.9K
$554.7K – $739.6K
NOI $44,374 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$589.1K
$515.5K – $687.3K
NOI $41,238 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,847 @ 7.0% cap · market cap 16.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-family building with two- and three-bedroom units, lead-free certification, and off-street parking.
Where is this triplex located?
The property is located at 147 Jefferson Street Fall River, MA.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: 3‑family building with 2- and 3‑bedroom units; All units are certified lead free; 200 amp service
