Three-Family Residential Income
182 Quequechan St Fall River, MA 02723
182 Quequechan St, Fall River, MA, 02723
$749,400
For Sale
$749,400
Well-maintained three-family with separate utilities, offering 9 bedrooms and 3 full bathrooms across three units.
Property Size3,228 SF
Price / SF$232.16
Days on Market49
Property Features for 182 Quequechan St
General Information
- Standard status
- Active
- Size
- 3,228 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agency
(508) 846-6949
Listed by
Derek Mendes
(508) 846-6949
Source
Elliman
Added: Jun 3 Updated: Jul 20 at 7:25PM Checked: Jul 20 at 7:25PM
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 Derek Mendes
Investment Insights
Based on property information with market context.
This well-maintained three-family property provides three separate units with a total of 9 bedrooms and 3 full bathrooms. Each unit includes 3 bedrooms and 1 bath, along with comfortable living areas, functional kitchens, and ample natural light. The property is described as having approximately 3,228 square feet of living space and features separate utilities, which can support flexible future use for an owner-occupant or investor.
The property is located in Fall River and is reported to be conveniently near major highways, shopping, restaurants, and public transportation. WalkScore is 89 (very walkable) and bikeScore is 63 (bikeable), while transitScore is 43 (some transit), offering practical access for residents and tenants.
All prospective buyers are encouraged to perform their own due diligence regarding use and potential income.
The property is located in Fall River and is reported to be conveniently near major highways, shopping, restaurants, and public transportation. WalkScore is 89 (very walkable) and bikeScore is 63 (bikeable), while transitScore is 43 (some transit), offering practical access for residents and tenants.
All prospective buyers are encouraged to perform their own due diligence regarding use and potential income.
Key Highlights
- Well‑maintained three‑family built in 1900 with approximately 3,228 sq ft of living space
- Total of 9 bedrooms and 3 full bathrooms across three units (each unit has 3 bedrooms and 1 bath)
- Spacious unit layouts with comfortable living areas and functional kitchens
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 | $89.1k | $27.60 |
| − Vacancy | −$6.7k | −$2.07 |
| EGI | $82.4k | $25.53 |
| − OpEx | −$24.7k | −$7.66 |
| NOI | $57.7k | $17.87 |
3,228 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$824.1K
$721.1K – $961.5K
NOI $57,688 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$765.9K
$670.1K – $893.5K
NOI $53,611 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$1.97M
$1.72M – $2.29M
NOI $137,606 @ 7.0% cap · market cap 18.36%
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 - Well-maintained three-family with separate utilities, offering 9 bedrooms and 3 full bathrooms across three units.
Where is this triplex located?
The property is located at 182 Quequechan St Fall River, MA.
What is the asking price?
The asking price for this property is $749,400.
What are key features of this property?
This property features: Well‑maintained three‑family built in 1900 with approximately 3,228 sq ft of living space; Total of 9 bedrooms and 3 full bathrooms across three units (each unit has 3 bedrooms and 1 bath); Spacious unit layouts with comfortable living areas and functional kitchens
