Updated Two-Unit Residential
150 Eaton St Fall River, MA 02723
150 Eaton St, Fall River, MA, 02723
$549,000
For Sale
$549,000
Turn-key two-unit building with updated interiors, separate utilities, and a detached 21x22 workshop.
Property Size2,086 SF
Price / SF$263.18
Days on Market48
Property Features for 150 Eaton St
General Information
- Standard status
- Active
- Size
- 2,086 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1925
Listing agency
Lamacchia Realty, Inc.
(508) 558-9123
Listed by
The Bap Team
(508) 558-9123
Source
Alliancepartnersre
Added: Jun 4 Updated: Jul 21 at 5:11AM Checked: Jul 21 at 5:11AM
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 Lamacchia Realty, Inc.
Investment Insights
Based on property information with market context.
This turn-key two-unit residential building offers updated interiors throughout. The first floor features a large living room and a dining room off the kitchen, with an open floor plan that includes plank flooring and sliders to a private back yard deck. A spiral staircase leads to a private finished basement room that can function as an office or TV room.
The home is well insulated and includes separate utilities with central heat. Outside, the property includes a private yard suitable for entertaining. A detached 21x22 workshop provides additional space for wood working, crafts, or storage.
The home is well insulated and includes separate utilities with central heat. Outside, the property includes a private yard suitable for entertaining. A detached 21x22 workshop provides additional space for wood working, crafts, or storage.
Key Highlights
- 2‑unit building built in 1925 with updated interiors in both units
- First‑floor layout includes a large living room plus dining area off the kitchen
- Spiral staircase to a private finished basement room for an office or TV room
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 | $57.6k | $27.60 |
| − Vacancy | −$4.3k | −$2.07 |
| EGI | $53.3k | $25.53 |
| − OpEx | −$16.0k | −$7.66 |
| NOI | $37.3k | $17.87 |
2,086 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$532.6K
$466.0K – $621.3K
NOI $37,279 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$494.9K
$433.1K – $577.4K
NOI $34,645 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,924 @ 7.0% cap · market cap 16.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turn-key two-unit building with updated interiors, separate utilities, and a detached 21x22 workshop.
Where is this duplex located?
The property is located at 150 Eaton St Fall River, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2‑unit building built in 1925 with updated interiors in both units; First‑floor layout includes a large living room plus dining area off the kitchen; Spiral staircase to a private finished basement room for an office or TV room
