Renovated 2-Unit Plus Legal
435 Stetson St Fall River, MA 02720
New
435 Stetson St, Fall River, MA, 02720
$725,000
For Sale
$725,000
MULTI_FAMILY - Fall River, MA
Property Size3,036 SF
Lot Size0.11 Acres
Price / SF$238.80
Days on Market3
Property Features for 435 Stetson St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- S
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bedroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 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
- 2
Listing Agency
Keller Williams South Watuppa
(508) 677-3233
275 Martine Street, Unit 109, Fall River, MA
Listed by
Clifford Ponte · License #9554597
(508) 677-3233
Added: Jul 18 Checked: Jul 20 at 6:06 pm
MLS# 73551826
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.
Investment Insights
Based on property information with market context.
This fully renovated two-family home includes two open-concept 3-bedroom units and a legal accessory dwelling unit, creating a three-family feel in a single property. The first floor and the ADU will be delivered vacant, supporting straightforward move-in or leasing plans. Exterior features include classic cedar shingle siding, new roofs on both the main home and the detached garage, updated electrical service, ample off-street parking, and a spacious two-car garage.
Located in Fall River’s Upper Highlands neighborhood, the property is described as convenient to major highways, schools, and everyday amenities.
With updated interior units and recently improved exterior systems, this home is positioned for an owner-occupant or investor looking for a move-in ready residential income setup with an added ADU.
Located in Fall River’s Upper Highlands neighborhood, the property is described as convenient to major highways, schools, and everyday amenities.
With updated interior units and recently improved exterior systems, this home is positioned for an owner-occupant or investor looking for a move-in ready residential income setup with an added ADU.
Key Highlights
- Fully renovated 2‑family home plus legal ADU (3‑family feel) with first‑floor and ADU to be delivered vacant
- Two open‑concept 3‑bedroom units in the main home
- Legal accessory dwelling unit provides flexible use for rental income, extended family, or multigenerational living
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
NOI $54,256 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$720.3K
$630.3K – $840.4K
NOI $50,423 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,421 @ 7.0% cap · market cap 17.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully renovated two-family home with a legal ADU, updated electrical, and ample off-street parking.
Where is this triplex located?
The property is located at 435 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: Fully renovated 2‑family home plus legal ADU (3‑family feel) with first‑floor and ADU to be delivered vacant; Two open‑concept 3‑bedroom units in the main home; Legal accessory dwelling unit provides flexible use for rental income, extended family, or multigenerational living
