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Three-Unit Multifamily Property
For Sale
$789,900
Pending

196 Irving St, Fall River, MA 02723

Spacious 3-family building with multiple 4-bedroom triple-parlor units and substantial major system and exterior updates.

Property Size4,521 SF
Days on Market118

Property Features for 196 Irving St

General Information

Standard status Pending
Size 4,521 SF
Property subtype 3 Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $6,679

Building Details

Building Size 4,521 SF
Year Built 1900
Listing Agency: Divine Real Estate, Inc.
Listed By: Zachary Midwood · License #451503605
Source: Allisonmazer
Added: May 21 Changed: Aug 31 Last Checked: Sep 14 at 10:06AM

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 Divine Real Estate, Inc.

Investment Insights

Based on property information with market context.

This large three-unit multifamily property offers over 4,500 square feet and features spacious 4-bedroom triple parlor unit layouts throughout. The building has extensive improvements already completed, including vinyl siding, windows, electrical service and panels, heating systems, plumbing throughout, flooring, and the main sewer line. The first floor is served by baseboard heat, while the second and third floors use forced hot air systems.

The property provides convenient separation for each unit with separate utilities. The second-floor unit is expected to be delivered vacant, supporting an owner-occupant plan or straightforward rental operation.

With newer mechanicals and multiple major updates in place, the building is positioned as a practical option for long-term rental income or mixed-use owner occupancy, supported by a strong stated rental history.

Key Highlights

  • Spacious 3‑family building totaling over 4,500 SF (year built 1900).
  • Each unit offers 4‑bedroom triple‑parlor layouts throughout.
  • Major updates completed: vinyl siding, windows, electrical service and panels, heating systems, plumbing, flooring, and main sewer line.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Skin Care Clinic HVAC Service Daycare Center Cafe & Coffee Shop Accounting Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

724
Businesses Nearby

Demographics for 02723, MA

16,084
Population
7,976
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
10,053
Density / Sq Mi
$41,789
Median Household Income
$40,140
Median Earnings
$1,058
Median Rent
$312,900
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Spacious 3-family building with multiple 4-bedroom triple-parlor units and substantial major system and exterior updates.
Where is this triplex located?
The property is located at 196 Irving St Fall River, MA.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: Spacious 3‑family building totaling over 4,500 SF (year built 1900).; Each unit offers 4‑bedroom triple‑parlor layouts throughout.; Major updates completed: vinyl siding, windows, electrical service and panels, heating systems, plumbing, flooring, and main sewer line.
More about this property
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