Three-Unit Residential
New
For Sale
$589,000
177 William St, Fall River, MA 02721
Residential Income, Fall River, MA
Property Size2,423 SF
Lot Size0.12 Acres
Price / SF$243.09
Days on Market2
Property Features for 177 William St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 1
Parking
2
Directions
please use GPS for best direction located off of Broadway St
Standard status
Active
APN
2825750
Size
2,423 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4790
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Listing Agency:
Keller Williams South Watuppa · Keller Williams Realty
Listed By:
Clifford Ponte
(508) 677-3233
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 6:06AM
MLS# 73593165
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,423-square-foot triplex was built in 1900 and sits on a 0.1204-acre lot. The building contains three apartments, with the third-floor unit vacant and the first- and second-floor units occupied by tenants at will.
Some off-street parking is available. The property is in Fall River, with access to major highways, shopping, public transportation, bus routes, and local parks.
Some off-street parking is available. The property is in Fall River, with access to major highways, shopping, public transportation, bus routes, and local parks.
Key Highlights
- Three apartments in a 2,423‑square‑foot building
- 0.1204‑acre lot
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,301
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,020
$866.0K
Cap Rate 7%
$618,586
$618.6K
Cap Rate 9%
$481,122
$481.1K
Market Conditions
NOI Build-Up for 2,423 SF
Gross rent
$66.9K $27.60/SF
− Vacancy
−$5.0K −$2.07/SF
EGI
$61.9K $25.53/SF
− OpEx
−$18.6K −$7.66/SF
NOI
$43.3K $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%
$866,020
Cap Rate 7%
$618,586
Cap Rate 9%
$481,122
Alternative Uses
Best Use
Multifamily LT 5
$618.6K
$541.3K – $721.7K
NOI $43,301 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$574.9K
$503.0K – $670.7K
NOI $40,242 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,290 @ 7.0% cap · market cap 17.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
Explore this area
Business Placement
Demographics for 02721, MA
28,075
Population
12,358
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
73%
High-School Grad
4.0 sq mi
ZIP Area
7,019
Density / Sq Mi
$50,666
Median Household Income
$40,315
Median Earnings
$1,010
Median Rent
$362,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The third-floor apartment is vacant, while the first two floors have tenants at will.
Where is this triplex located?
The property is located at 177 William St Fall River, MA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Three apartments in a 2,423‑square‑foot building; 0.1204‑acre lot; Built in 1900
