Private Three-Family Property For
For Sale
$719,900
Pending
302 Cory St, Fall River, MA 02720
Three-family property with parking and easy access to amenities.
Property Size3,851 SF
Lot Size0.35 Acres
Days on Market322
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 302 Cory St
General Information
Standard status
Pending
Size
3,851 SF
Lot size
0.35 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,412
Building Details
Building Size
3,851 SF
Year Built
1900
Stories
3
Units
3
Listed By:
Gilbert C Oliveira · License #450500102
(508) 989-5133
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 9
Last Checked: Oct 15 at 1:22AM
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 Gilbert C Oliveira
Investment Insights
Based on property information with market context.
This three-family property features large double parlors and three-bedroom units. The second-floor unit's third bedroom has been converted into a kitchen. The building has vinyl siding and hardwood flooring. There is additional parking available for up to 10 cars, which could be rented to area tenants. Located in the north end of Fall River, the property offers convenient access to schools, bus routes, and the new MBTA train station, as well as Route 24. Please see the updated plot plan for property lines.
Key Highlights
- Large 3‑family property offering immediate rental income potential.
- Ample parking space for 10 vehicles, creating additional income opportunities.
- Hardwood flooring throughout the units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,958
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,160
$1.3M
Cap Rate 7%
$913,686
$913.7K
Cap Rate 9%
$710,644
$710.6K
Market Conditions
NOI Build-Up for 3,851 SF
Gross rent
$124.8K $32.40/SF
− Vacancy
−$8.5K −$2.20/SF
EGI
$116.3K $30.20/SF
− OpEx
−$52.3K −$13.59/SF
NOI
$64.0K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,160
Cap Rate 7%
$913,686
Cap Rate 9%
$710,644
Alternative Uses
Best Use
Multifamily LT 5
$983.2K
$860.3K – $1.15M
NOI $68,821 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$913.7K
$799.5K – $1.07M
NOI $63,958 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,164 @ 7.0% cap · market cap 22.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
Demographics for 02720, MA
31,209
Population
14,940
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
2,364
Density / Sq Mi
$62,907
Median Household Income
$45,199
Median Earnings
$1,177
Median Rent
$361,800
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
Frequently Asked Questions
What type of property is this?
Triplex - Three-family property with parking and easy access to amenities.
Where is this triplex located?
The property is located at 302 Cory St Fall River, MA.
What is the asking price?
The asking price for this property is $719,900.
What are key features of this property?
This property features: Large 3‑family property offering immediate rental income potential.; Ample parking space for 10 vehicles, creating additional income opportunities.; Hardwood flooring throughout the units.
