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    Renovated Triplex with Legal ADU Title is generated by Realmo AI

    435-437 Stetson St, Fall River, MA 02720

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    New
    For Sale
    $725,000

    MULTI_FAMILY - Fall River, MA

    Property size:
    3,036 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $238/SF
    Added:
    Jul 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 6 at 4:06 am

    Property Features for 435-437 Stetson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    S
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 5
    Parking
    6
    Standard status
    Active
    APN
    M:0P03 B:0000 L:0017,2834626
    Size
    3,036 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4701

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    3

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    Contact an agent
    Clifford Ponte

    Listing agent Clifford Ponte License #9554597

    Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

    Listing date Jul 5, 2026

    MLS# 73544680 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑family home with a legal ADU for flexible multi‑generational or rental use (3‑family feel).
    • Two open‑concept 3‑bedroom units plus a separate accessory dwelling unit.
    • 1st floor and ADU will be delivered vacant.
    • Cedar shingle siding with new roofs on the main home and the detached garage.
    • Updated electrical service and ample off‑street parking.
    • Spacious 2‑car garage; built in 1920.

    Overview

    This fully renovated, income-oriented property is configured as a two-family home with a legal ADU, creating a three-unit living feel. The layout includes two spacious, open-concept 3-bedroom units, along with an accessory dwelling unit designed for flexible occupancy. Per the seller, the 1st floor and the ADU will be delivered vacant, supporting a straightforward move-in or operational plan upon closing.

    Externally, the property features classic cedar shingle siding and updated improvements that include new roofs on both the main home and the detached garage, as well as updated electrical service. Off-street parking is available, and the exterior also includes a spacious two-car garage. The home is described as conveniently located near major highways, schools, and everyday amenities.

    With two 3-bedroom units and a separate legal ADU, the configuration can support a variety of tenant or household needs, including owner-occupancy alongside rental income or use by extended family. The combination of newly renovated interiors and the updated exterior systems and services is intended to reduce near-term maintenance concerns while providing multiple, distinct places to live within one property.

    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 $83.8k $27.60
    − Vacancy −$6.3k −$2.07
    EGI $77.5k $25.53
    − OpEx −$23.3k −$7.66
    NOI $54.3k $17.87
    3,036 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $775.1K
    $678.2K – $904.3K (±1% cap)
    NOI $54,256 @ 7.0% cap · market cap 7.48%
    Second Best
    Apartment 5plus
    $720.3K
    $630.3K – $840.4K (±1% cap)
    NOI $50,423 @ 7.0% cap · market cap 6.95%
    Theoretical Best
    Office A
    $1.85M
    $1.62M – $2.16M (±1% cap)
    NOI $129,421 @ 7.0% cap · market cap 17.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Tech Support Center Discount Store Garden Center Kitchen & Bath Showroom Bed & Breakfast Shopping Center & Mall Department Store Catering Service Coworking & Hybrid Office (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.139748
    Latitude
    41.712033

    FAQs

    What type of property is this?
    Triplex - Fully renovated units feature two open-concept 3-bedroom spaces plus a legal ADU, with the 1st floor and ADU delivered vacant.
    Where is this triplex located?
    The property is located at 435-437 Stetson St Fall River, MA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: 2‑family home with a legal ADU for flexible multi‑generational or rental use (3‑family feel).; Two open‑concept 3‑bedroom units plus a separate accessory dwelling unit.; 1st floor and ADU will be delivered vacant.
    More about this property
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