Three-Story Multifamily
For Sale
$599,999
32 Slater, Fall River, MA 02720
Built in 1900, this three-story property features six bedrooms and three full bathrooms with a single garage space.
Property Size2,960 SF
Lot Size0.08 Acres
Price / SF$202.70
Days on Market108
Property Features for 32 Slater
General Information
Standard status
Active
Size
2,960 SF
Total Parking Spaces
1
Lot size
0.08 Acres
Property subtype
Multi-family
Additional Details
Multifamily Units
6
Building Details
Year Built
1900
Stories
3
Listing Agency:
eXp Realty LLC
Listed By:
Lizbeth Rivera
(508) 636-4760
Source:
Residentialproperties
Added: Jun 21
Changed: Oct 6
Last Checked: Oct 5 at 8:47PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
Located at 32 Slater in Fall River, Massachusetts, this multi-family residence was built in 1900 and includes approximately 1,851 square feet of living area. The home is arranged across three stories, creating distinct levels and privacy within the layout.
Inside, the property offers six bedrooms and three full bathrooms, providing convenient accommodation across the home. A single garage space is also included for parking and/or additional storage.
Additional details on the property size are listed at approximately 2,960, and the lot is identified as approximately 3,537 square feet. This is a for-sale opportunity to review a spacious, multi-story configuration with multiple bedrooms and full baths. Inquire to schedule a viewing.
Inside, the property offers six bedrooms and three full bathrooms, providing convenient accommodation across the home. A single garage space is also included for parking and/or additional storage.
Additional details on the property size are listed at approximately 2,960, and the lot is identified as approximately 3,537 square feet. This is a for-sale opportunity to review a spacious, multi-story configuration with multiple bedrooms and full baths. Inquire to schedule a viewing.
Key Highlights
- Built in 1900: three‑story multi‑family with 1,851 SF of living area
- 6 bedrooms total, offering flexible living arrangements for residents
- 3 full bathrooms for added convenience across the home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,160
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,200
$983.2K
Cap Rate 7%
$702,286
$702.3K
Cap Rate 9%
$546,222
$546.2K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$95.9K $32.40/SF
− Vacancy
−$6.5K −$2.20/SF
EGI
$89.4K $30.20/SF
− OpEx
−$40.2K −$13.59/SF
NOI
$49.2K $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%
$983,200
Cap Rate 7%
$702,286
Cap Rate 9%
$546,222
Alternative Uses
Best Use
Apartment 5plus
$702.3K
$614.5K – $819.3K
NOI $49,160 @ 7.0% cap · market cap 8.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,181 @ 7.0% cap · market cap 21.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Built in 1900, this three-story property features six bedrooms and three full bathrooms with a single garage space.
Where is this multifamily property located?
The property is located at 32 Slater Fall River, MA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Built in 1900: three‑story multi‑family with 1,851 SF of living area; 6 bedrooms total, offering flexible living arrangements for residents; 3 full bathrooms for added convenience across the home
