Four-Unit Multifamily
For Sale
$739,900
430 William Street, Fall River, MA 02721
Corner-lot quadplex with three 2-bedroom units, one 4-bedroom townhouse-style unit, and off-street parking.
Property Size3,749 SF
Price / SF$197.36
Days on Market103
Property Features for 430 William Street
General Information
Standard status
Active
Size
3,749 SF
Property subtype
Multi-family / 4 Family
Additional Details
Fenced Yard
Yes
Clear Height
9 ft
Multifamily Units
4
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Paiva Real Estate Services, LLC
(508) 970-5612
Listed By:
Christopher J. Paiva · License #9532605
(508) 970-5612
Source:
Compass
Added: Apr 20
Changed: Jul 22
Last Checked: Jul 23 at 10:56AM
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 Paiva Real Estate Services, LLC
Investment Insights
Based on property information with market context.
This four-unit multifamily property features three units with identical layouts, each offering 2 bedrooms and 1 full bathroom. The fourth unit is a townhouse-style residence with 4 bedrooms, 2 bathrooms, and an additional kitchen, providing flexible living arrangements. Each unit has separate utilities, and the property includes a full walk-out basement with 9-foot ceilings.
Set on a corner lot, the home offers off-street parking and a fenced-in backyard. Three of the four units will be delivered vacant prior to closing, which may support immediate move-in or rental operations.
A full walk-out basement with high ceilings may provide additional living space, with the possibility of an ADU subject to buyer due diligence.
Set on a corner lot, the home offers off-street parking and a fenced-in backyard. Three of the four units will be delivered vacant prior to closing, which may support immediate move-in or rental operations.
A full walk-out basement with high ceilings may provide additional living space, with the possibility of an ADU subject to buyer due diligence.
Key Highlights
- Four‑unit quadplex with three 2‑bedroom, 1 full‑bath units plus one 4‑bedroom, 2‑bath townhouse‑style unit
- Separate utilities for each unit
- Full walk‑out basement with 9‑foot ceilings with interior access
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 | $103.5k | $27.60 |
| − Vacancy | −$7.8k | −$2.07 |
| EGI | $95.7k | $25.53 |
| − OpEx | −$28.7k | −$7.66 |
| NOI | $67.0k | $17.87 |
3,749 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$957.1K
$837.5K – $1.12M
NOI $66,998 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$889.5K
$778.3K – $1.04M
NOI $62,264 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$2.28M
$2.00M – $2.66M
NOI $159,815 @ 7.0% cap · market cap 21.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
9 ft
Clear height
4
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Corner-lot quadplex with three 2-bedroom units, one 4-bedroom townhouse-style unit, and off-street parking.
Where is this quadplex located?
The property is located at 430 William Street Fall River, MA.
What is the asking price?
The asking price for this property is $739,900.
What are key features of this property?
This property features: Four‑unit quadplex with three 2‑bedroom, 1 full‑bath units plus one 4‑bedroom, 2‑bath townhouse‑style unit; Separate utilities for each unit; Full walk‑out basement with 9‑foot ceilings with interior access
