Spacious Two-Unit Multi-Family
For Sale
$469,000
334 Fountain St, Fall River, MA 02721
Two-unit multi-family with off-street parking and convenient location.
Property Size2,132 SF
Price / SF$219.98
Days on Market258
Property Features for 334 Fountain St
General Information
Standard status
Active
Size
2,132 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,498
Listing Agency:
eXp Realty LLC - Corporate Office
(888) 854-7493
Listed By:
Kenneth Kirk
(617) 548-9914
Source:
Exprealty
Added: Jan 20
Changed: Oct 5
Last Checked: Oct 4 at 5:45PM
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 - Corporate Office
Investment Insights
Based on property information with market context.
This two-unit multi-family property offers a total of 2,132 square feet, featuring 6 bedrooms and 2 full bathrooms. Both units are fully vacant, providing immediate flexibility for customization or leasing at current market rates. The property includes off-street parking for up to 4 cars. It is located minutes from major highways, with access to amenities and commutes to Boston, MA (53 minutes), Providence, RI (20 minutes), and Newport, RI (29 minutes). The bike score is 58, indicating it is bikeable, the walk score is 91, indicating it is a walker's paradise, and the transit score is 49, indicating some transit options are available.
Key Highlights
- Fully vacant two‑unit multi‑family property offering immediate rental income potential or owner‑occupancy flexibility.
- Off‑street parking for up to 4 cars, a rare and valuable amenity.
- Ideal for owner‑occupancy with rental income potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,101
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,020
$762.0K
Cap Rate 7%
$544,300
$544.3K
Cap Rate 9%
$423,344
$423.3K
Market Conditions
NOI Build-Up for 2,132 SF
Gross rent
$58.8K $27.60/SF
− Vacancy
−$4.4K −$2.07/SF
EGI
$54.4K $25.53/SF
− OpEx
−$16.3K −$7.66/SF
NOI
$38.1K $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%
$762,020
Cap Rate 7%
$544,300
Cap Rate 9%
$423,344
Alternative Uses
Best Use
Multifamily LT 5
$544.3K
$476.3K – $635.0K
NOI $38,101 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$505.8K
$442.6K – $590.2K
NOI $35,409 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,885 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,000
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit multi-family with off-street parking and convenient location.
Where is this duplex located?
The property is located at 334 Fountain St Fall River, MA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Fully vacant two‑unit multi‑family property offering immediate rental income potential or owner‑occupancy flexibility.; Off‑street parking for up to 4 cars, a rare and valuable amenity.; Ideal for owner‑occupancy with rental income potential.
