Maplewood Park Multi-Family
For Sale
$745,000
26 Stockton St, Fall River, MA 02721
Well-maintained three-family property with income potential in a prime location.
Property Size3,510 SF
Price / SF$212.25
Days on Market116
Property Features for 26 Stockton St
General Information
Standard status
Active
Size
3,510 SF
Property subtype
3 Family - 3 Units Up/Down
Building Details
Year Built
1900
Listing Agency:
Lion Gate Real Estate, Inc.
(508) 264-5538
Listed By:
Wendy Sampson
(508) 264-5538
Source:
Lockandkeyre
Added: Apr 7
Changed: Jul 10
Last Checked: Jul 21 at 3:04AM
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 Lion Gate Real Estate, Inc.
Investment Insights
Based on property information with market context.
This well-maintained three-family property is located in the Maplewood Park area. The multi-unit home includes a large fenced-in yard and off-street parking. Coin-operated laundry provides added convenience and income potential. The property consists of one leased unit and two tenants-at-will, offering flexibility for owner-occupants and investors. Each unit provides comfortable living space. A new roof has been installed. The property is conveniently located near highways, shopping, and public transportation, making it suitable for commuters. The property size is 3510 square feet.
Key Highlights
- Prime location in the desirable Maplewood Park area, near highways, shopping, and public transportation.
- Income‑producing 3‑family property with one leased unit and coin‑operated laundry.
- Large fenced‑in yard and off‑street parking.
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 | $96.9k | $27.60 |
| − Vacancy | −$7.3k | −$2.07 |
| EGI | $89.6k | $25.53 |
| − OpEx | −$26.9k | −$7.66 |
| NOI | $62.7k | $17.87 |
3,510 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$896.1K
$784.1K – $1.05M
NOI $62,727 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$832.8K
$728.7K – $971.6K
NOI $58,295 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,627 @ 7.0% cap · market cap 20.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
536
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-family property with income potential in a prime location.
Where is this triplex located?
The property is located at 26 Stockton St Fall River, MA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Prime location in the desirable Maplewood Park area, near highways, shopping, and public transportation.; Income‑producing 3‑family property with one leased unit and coin‑operated laundry.; Large fenced‑in yard and off‑street parking.