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    Updated Multifamily Investment Opportunity Title is generated by Realmo AI

    169 Grant Street, Fall River, MA 02721

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    Claim this Listing
    For Sale
    $899,000

    MULTI_FAMILY - Fall River, MA

    Property size:
    3,354 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $268/SF
    Added:
    May 6, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 23 at 3:06 am

    Property Features for 169 Grant Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    A-2
    Bedrooms
    11
    Bathrooms
    4
    Rooms
    Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 11, Bedroom 4, Bedroom 1, Bedroom 9, Bedroom 10, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 7, Bedroom 8
    Standard status
    Active
    APN
    M:0G05 B:0000 L:0050
    Size
    3,354 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7028

    Building Details

    Year built
    1900
    Floors in Building
    6
    Number of units
    4

    We can help!

    Listing Contact
    Clifford Ponte

    Listing agent Clifford Ponte License #9554597

    Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

    Listing date May 6, 2026

    MLS# 73514314 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four‑unit multifamily fully updated from the studs in 2025 (completed from the windows to the walls)
    • New FHA HVAC systems installed in 2025
    • Renovations include new electric, new roof, new plumbing, and brand new appliances
    • Kitchen and bathrooms updated: granite countertops throughout and brand new bathrooms
    • A‑2 zoning; recently subdivided from 165 Grant St. (165 Grant St. also available, MLS #73514313)
    • Property originally built in 1900; taxes shown on Zillow have not been updated since the subdivision

    Overview

    This multifamily property features updated units, renovated from the studs in 2025. The four-unit building includes new FHA HVAC systems, granite countertops, new electric, a new roof, new plumbing, new bathrooms, and new appliances. The property is positioned to command market rents, presenting a turnkey investment opportunity. Located near local amenities, shopping, dining, schools, and major routes, this property offers convenient access to various resources. It is suitable for investors or owner-occupants seeking immediate income. The property is located in an area with consistent rental demand within a growing market, making it a solid addition to any investment portfolio. The property is zoned A-2 and was recently subdivided from an adjacent property that is also available for sale. The property size is 3354 square feet and the lot size is 0.0905 acres.

    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 $92.6k $27.60
    − Vacancy −$6.9k −$2.07
    EGI $85.6k $25.53
    − OpEx −$25.7k −$7.66
    NOI $59.9k $17.87
    3,354 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $856.3K
    $749.2K – $999.0K (±1% cap)
    NOI $59,939 @ 7.0% cap · market cap 6.67%
    Second Best
    Apartment 5plus
    $795.8K
    $696.3K – $928.4K (±1% cap)
    NOI $55,704 @ 7.0% cap · market cap 6.20%
    Theoretical Best
    Office A
    $2.04M
    $1.79M – $2.38M (±1% cap)
    NOI $142,977 @ 7.0% cap · market cap 15.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.163965
    Latitude
    41.696834

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    FAQs

    What type of property is this?
    Quadplex - Fully updated four-unit property near amenities and major routes.
    Where is this quadplex located?
    The property is located at 169 Grant Street Fall River, MA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Four‑unit multifamily fully updated from the studs in 2025 (completed from the windows to the walls); New FHA HVAC systems installed in 2025; Renovations include new electric, new roof, new plumbing, and brand new appliances
    (508) 677-3233
    We can help!
    Listing Contact
    Clifford Ponte
    Real Estate License ID: 9554597
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