3-Unit
For Sale
$619,000
1846 R S Main St R, Fall River, MA 02724
All three units are vacant, providing flexibility for new occupancy.
Property Size3,230 SF
Price / SF$191.64
Days on Market10
Property Features for 1846 R S Main St R
General Information
Standard status
Active
Size
3,230 SF
Total Parking Spaces
9
Property subtype
3 Family
Units
Unit Mix
3 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,597
Building Details
Building Size
3,230 SF
Year Built
1900
Stories
3
Listing Agency:
Keller Williams Realty
Listed By:
Eddie Mulkerrins
(617) 908-7503
Source:
Allisonmazer
Added: Sep 27
Changed: Oct 3
Last Checked: Oct 4 at 4:24PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This three-unit triplex in Fall River, Massachusetts, contains 3,230 square feet across three stories. Built in 1900, the property is zoned B-L, and all units are vacant.
Key Highlights
- Three‑unit property with all units vacant
- 3,230 square feet across three stories
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,645
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,900
$1.1M
Cap Rate 7%
$766,357
$766.4K
Cap Rate 9%
$596,056
$596.1K
Market Conditions
NOI Build-Up for 3,230 SF
Gross rent
$104.7K $32.40/SF
− Vacancy
−$7.1K −$2.20/SF
EGI
$97.5K $30.20/SF
− OpEx
−$43.9K −$13.59/SF
NOI
$53.6K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,900
Cap Rate 7%
$766,357
Cap Rate 9%
$596,056
Alternative Uses
Best Use
Multifamily LT 5
$824.6K
$721.5K – $962.1K
NOI $57,723 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$766.4K
$670.6K – $894.1K
NOI $53,645 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$1.97M
$1.72M – $2.29M
NOI $137,691 @ 7.0% cap · market cap 22.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Explore this area
Business Placement
Demographics for 02724, MA
18,050
Population
8,808
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
76%
High-School Grad
1.8 sq mi
ZIP Area
10,028
Density / Sq Mi
$49,809
Median Household Income
$42,334
Median Earnings
$1,105
Median Rent
$368,300
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
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Frequently Asked Questions
What type of property is this?
Triplex - All three units are vacant, providing flexibility for new occupancy.
Where is this triplex located?
The property is located at 1846 R S Main St R Fall River, MA.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Three‑unit property with all units vacant; 3,230 square feet across three stories; Built in 1900
