Three-Family Residential Income
For Sale
$699,000
425 Division St, Fall River, MA 02721
Spacious 3-family building with three-bedroom units, totaling approximately 3,201 SF, near schools and major highways.
Property Size3,201 SF
Price / SF$218.37
Days on Market177
Property Features for 425 Division St
General Information
Standard status
Active
Size
3,201 SF
Property subtype
Multi-Family
Zoning
A-2
Net Operating Income
$80,400
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,735
Building Details
Building Size
3,201 SF
Year Built
1900
Stories
3
Listing Agency:
Amaral & Associates RE
(508) 674-4972
Listed By:
Gilnerys Santana · License #9582410
(774) 240-4771
Source:
Churchillprop
Added: May 8
Changed: Oct 31
Last Checked: Oct 30 at 11:42AM
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 Amaral & Associates RE
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Investment Insights
Based on property information with market context.
Spacious 3-family residential income property featuring three-bedroom units with plenty of interior space. The offering includes a total building size of approximately 3,201 square feet.
The property is located at 425 Division Street in Fall River, MA, with convenience to schools, shopping, restaurants, and major highways.
This is a versatile multi-family option for both owner-occupants and investors, and the seller will consider a package sale with MLS#73515530.
The property is located at 425 Division Street in Fall River, MA, with convenience to schools, shopping, restaurants, and major highways.
This is a versatile multi-family option for both owner-occupants and investors, and the seller will consider a package sale with MLS#73515530.
Key Highlights
- Spacious 3‑family property with three‑bedroom units across the building
- Total building size is approximately 3,201 SF
- Convenient location near schools, shopping, restaurants, and major highways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,205
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,100
$1.1M
Cap Rate 7%
$817,214
$817.2K
Cap Rate 9%
$635,611
$635.6K
Market Conditions
NOI Build-Up for 3,201 SF
Gross rent
$88.3K $27.60/SF
− Vacancy
−$6.6K −$2.07/SF
EGI
$81.7K $25.53/SF
− OpEx
−$24.5K −$7.66/SF
NOI
$57.2K $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%
$1,144,100
Cap Rate 7%
$817,214
Cap Rate 9%
$635,611
Alternative Uses
Best Use
Multifamily LT 5
$817.2K
$715.1K – $953.4K
NOI $57,205 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$759.5K
$664.5K – $886.1K
NOI $53,163 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$1.95M
$1.71M – $2.27M
NOI $136,455 @ 7.0% cap · market cap 19.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,981
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
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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 - Spacious 3-family building with three-bedroom units, totaling approximately 3,201 SF, near schools and major highways.
Where is this triplex located?
The property is located at 425 Division St Fall River, MA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Spacious 3‑family property with three‑bedroom units across the building; Total building size is approximately 3,201 SF; Convenient location near schools, shopping, restaurants, and major highways
