Three-Family Residential Income
425 Division Street Fall River, MA 02721
425 Division Street, Fall River, MA, 02721
$699,000
For Sale
$699,000
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 Market118
Property Features for 425 Division Street
General Information
- Standard status
- Active
- Size
- 3,201 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Amaral & Associates RE
Listed by
Gilnerys Santana
(617) 875-4950
Source
Sarkisboston
Added: Mar 26 Updated: Jul 21 at 5:44PM Checked: Jul 21 at 5:44PM
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
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
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 | $88.3k | $27.60 |
| − Vacancy | −$6.6k | −$2.07 |
| EGI | $81.7k | $25.53 |
| − OpEx | −$24.5k | −$7.66 |
| NOI | $57.2k | $17.87 |
3,201 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
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 Street 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
