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    Spacious Fall River Multi-Family Title is generated by Realmo AI

    24-30 John St, Fall River, MA 02721

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    For Sale
    $839,000

    Large 4-family with 14 beds and 6 baths.

    Type:4 Family
    Property size:
    3,417 SF
    Price / SF:
    $245/SF
    Added:
    Apr 8, 2026
    Days on Market:
    68
    Last Refresh:
    Apr 20 at 7:10 pm

    Property Features for 24-30 John St

    General Information

    Standard status
    Active
    Size
    3,417 SF
    Property subtype
    4 Family

    Building Details

    Year Built
    1900

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    Listing Contact
    Marcus Duviella

    Listing agent Marcus Duviella

    Listing office Divine Real Estate, Inc.

    Listing date Apr 8, 2026

    Source Lockandkeyre

    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.

    HighLights

    • Extremely large 4‑family property with 14 beds and 6 baths.
    • Two townhouse‑style units (5 beds/2 baths each) provide desirable living arrangements.
    • Comprehensive rehab completed in 2021, including full electrical upgrade, updated HVAC, tankless hot water systems, and renovated kitchens/bathrooms.
    • Strong rental income potential, suitable for both owner‑occupants and investors.
    • Opportunity for owner‑occupants to offset mortgage costs by renting out the other units.
    • High‑ceiling basement offers potential for future finished space.

    Overview

    This large four-family property in Fall River features a total of 14 bedrooms and 6 bathrooms. It includes two townhouse-style units, each with 5 bedrooms and 2 full bathrooms. Additionally, there are two first-floor units, each offering 2 bedrooms and 1 bathroom. The property is suitable for both owner-occupants and investors. First-time buyers may offset their mortgage by living in one unit and renting out the others. Investors may find the solid rent potential appealing. In 2021, the property underwent a comprehensive rehabilitation. This included a full electrical upgrade with new panels and meters, updated HVAC systems, and tankless hot water systems for each unit. The kitchens and bathrooms were also renovated throughout. The building also offers a high-ceiling basement, presenting the potential for future finished space or added value. The property size is 3417 square feet.

    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 $94.3k $27.60
    − Vacancy −$7.1k −$2.07
    EGI $87.2k $25.53
    − OpEx −$26.2k −$7.66
    NOI $61.1k $17.87
    3,417 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $872.4K
    $763.3K – $1.02M (±1% cap)
    NOI $61,065 @ 7.0% cap · market cap 7.28%
    Second Best
    Apartment 5plus
    $810.7K
    $709.4K – $945.8K (±1% cap)
    NOI $56,750 @ 7.0% cap · market cap 6.76%
    Theoretical Best
    Office A
    $2.08M
    $1.82M – $2.43M (±1% cap)
    NOI $145,663 @ 7.0% cap · market cap 17.36%
    Zoning and permitted uses should be independently verified with local authorities.
    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
    -71.153671
    Latitude
    41.6967751

    FAQs

    What type of property is this?
    Quadplex - Large 4-family with 14 beds and 6 baths.
    Where is this quadplex located?
    The property is located at 24-30 John St Fall River, MA.
    What is the asking price?
    The asking price for this property is $839,000.
    What are key features of this property?
    This property features: Extremely large 4‑family property with 14 beds and 6 baths.; Two townhouse‑style units (5 beds/2 baths each) provide desirable living arrangements.; Comprehensive rehab completed in 2021, including full electrical upgrade, updated HVAC, tankless hot water systems, and renovated kitchens/bathrooms.
    More about this property
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