Three-Unit Residential
New
For Sale
$685,000
265 John St, Fall River, MA 02721
Each residence has three bedrooms, a dining room, and a living area; one unit is vacant.
Property Size3,050 SF
Price / SF$224.59
Days on Market5
Property Features for 265 John St
General Information
Standard status
Active
Size
3,050 SF
Property subtype
3 Family - 3 Units Up/Down
Units
Unit Mix
3 x 3BR
Multifamily Units
3
Building Details
Building Size
3,050 SF
Year Built
1900
Listing Agency:
Conway - Dartmouth
(508) 993-2700
Listed By:
Maria Fontes
(508) 294-2149
Source:
Iverty
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 1:29PM
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 Conway - Dartmouth
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Investment Insights
Based on property information with market context.
This three-unit residential property contains 3,050 square feet, with each unit offering three bedrooms, a dining room, and a living room. One unit is vacant, while the other two are not identified as vacant. Built in 1900, the property is zoned A-2.
A driveway accommodates up to 5–6 vehicles.
A driveway accommodates up to 5–6 vehicles.
Key Highlights
- Three units, each with 3 bedrooms, a dining room, and a living room
- One unit is vacant
- 3,050 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,507
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,140
$1.1M
Cap Rate 7%
$778,671
$778.7K
Cap Rate 9%
$605,633
$605.6K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$84.2K $27.60/SF
− Vacancy
−$6.3K −$2.07/SF
EGI
$77.9K $25.53/SF
− OpEx
−$23.4K −$7.66/SF
NOI
$54.5K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,140
Cap Rate 7%
$778,671
Cap Rate 9%
$605,633
Alternative Uses
Best Use
Multifamily LT 5
$778.7K
$681.3K – $908.5K
NOI $54,507 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$723.6K
$633.2K – $844.3K
NOI $50,655 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,018 @ 7.0% cap · market cap 18.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,397
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has three bedrooms, a dining room, and a living area; one unit is vacant.
Where is this triplex located?
The property is located at 265 John St Fall River, MA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Three units, each with 3 bedrooms, a dining room, and a living room; One unit is vacant; 3,050 square feet
