Two-Story Residential
355 Peckham Street Fall River, MA 02724
355 Peckham Street, Fall River, MA, 02724
$450,000
For Sale
$450,000
Built in 1930, this duplex offers four bedrooms across two stories with two full bathrooms and a two-car garage.
Property Size1,217 SF
Lot Size0.16 Acres
Price / SF$369.76
Days on Market199
Property Features for 355 Peckham Street
General Information
- Standard status
- Active
- Size
- 1,217 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1930
Listing agency
revolv Real Estate
(508) 644-8995
Listed by
Jade Garcia · License #9582434
(508) 644-8995
Source
Compass
Added: Jan 5 Updated: Jul 22 at 5:20PM Checked: Jul 22 at 5:20PM
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 revolv Real Estate
Investment Insights
Based on property information with market context.
Built in 1930, this two-story duplex-style multi-family residence offers four bedrooms distributed across the two levels. The home includes two full bathrooms designed for daily convenience. Interior living area totals 1,217 square feet, and the property also features a two-car garage for vehicle storage and added storage space.
The home sits on a 7,000-square-foot lot at 355 Peckham Street in Fall River, MA. The exterior space provides room for outdoor activities and landscaping.
With four bedrooms and a straightforward two-level layout, the property presents a practical configuration for an owner-occupant or investor seeking a residential income property that is ready for a new owner’s updates.
The home sits on a 7,000-square-foot lot at 355 Peckham Street in Fall River, MA. The exterior space provides room for outdoor activities and landscaping.
With four bedrooms and a straightforward two-level layout, the property presents a practical configuration for an owner-occupant or investor seeking a residential income property that is ready for a new owner’s updates.
Key Highlights
- Built in 1930 duplex with 4 bedrooms across two stories and 2 full bathrooms
- Full basement with walk‑out access, interior access, and concrete floor
- Two‑car garage plus fenced/enclosed yard and rain gutters
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 | $33.6k | $27.60 |
| − Vacancy | −$2.5k | −$2.07 |
| EGI | $31.1k | $25.53 |
| − OpEx | −$9.3k | −$7.66 |
| NOI | $21.7k | $17.87 |
1,217 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.7K
$271.9K – $362.5K
NOI $21,749 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$288.7K
$252.7K – $336.9K
NOI $20,212 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$741.1K
$648.5K – $864.7K
NOI $51,879 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Built in 1930, this duplex offers four bedrooms across two stories with two full bathrooms and a two-car garage.
Where is this duplex located?
The property is located at 355 Peckham Street Fall River, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Built in 1930 duplex with 4 bedrooms across two stories and 2 full bathrooms; Full basement with walk‑out access, interior access, and concrete floor; Two‑car garage plus fenced/enclosed yard and rain gutters
