Two-Family Residential Income
28 Wingold Street Fall River, MA 02723
New
MULTI_FAMILY - Fall River, MA
Property size:
2,238 SFLot size:
0.10 AcresPrice / SF:
$279/SF- Added:
- Jul 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 10 at 3:06 am
Property Features for 28 Wingold Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- S
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 2835268
- Size
- 2,238 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5348
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
Listing office Keller Williams Elite 25 Messenger Street, 2nd Floor, Plainville, MA (508) 695-4545
Listing date Jul 8, 2026
MLS# 73546429
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This solidly built two-family home includes two separate units, each offering two bedrooms, a full bath, living room, dining room, and kitchen. Hardwood floors run throughout both units, and heating is provided by steam heat on two gas zones. The whole-home electrical system has been completely updated to 200 amps. Additional conveniences include an ADT-monitored alarm system, washer/dryer units remaining with the property, and vinyl siding designed to help keep exterior maintenance manageable. A full basement, covered porch, and a workbench garage with an 8x14 motorcycle shed provide practical storage and outdoor options. The property is delivered vacant at closing.
Located at 28 Wingold Street in Fall River, the home sits on a quiet dead-end street just off Route 24, supporting straightforward highway access while maintaining a low-traffic setting.
For tenants and owner-operators, this configuration supports a straightforward two-unit layout with consistent interior features across both homes, along with maintained, service-ready systems including updated electrical and zoned steam heat. The paved driveway provides six off-street parking spaces, and the additional storage structures can be useful for everyday equipment and seasonal items.
Located at 28 Wingold Street in Fall River, the home sits on a quiet dead-end street just off Route 24, supporting straightforward highway access while maintaining a low-traffic setting.
For tenants and owner-operators, this configuration supports a straightforward two-unit layout with consistent interior features across both homes, along with maintained, service-ready systems including updated electrical and zoned steam heat. The paved driveway provides six off-street parking spaces, and the additional storage structures can be useful for everyday equipment and seasonal items.
Key Highlights
- Solidly built two‑family home built in 1920 on a quiet dead‑end street just off Route 24
- Each unit has 2 bedrooms, 1 full bath, living room, dining room, and kitchen with hardwood floors
- Steam heat on two gas zones plus electrical system completely updated to 200 amps
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 | $61.8k | $27.60 |
| − Vacancy | −$4.6k | −$2.07 |
| EGI | $57.1k | $25.53 |
| − OpEx | −$17.1k | −$7.66 |
| NOI | $40.0k | $17.87 |
2,238 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$571.4K
$499.9K – $666.6K
NOI $39,995 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$531.0K
$464.6K – $619.5K
NOI $37,169 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,403 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Solid two-family home with two-bedroom units, updated electrical service, and separate steam heat by gas zones.
Where is this duplex located?
The property is located at 28 Wingold Street Fall River, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Solidly built two‑family home built in 1920 on a quiet dead‑end street just off Route 24; Each unit has 2 bedrooms, 1 full bath, living room, dining room, and kitchen with hardwood floors; Steam heat on two gas zones plus electrical system completely updated to 200 amps
