Fully Renovated Three-Unit
435 Stetson Street Fall River, MA 02720
New
435 Stetson Street, Fall River, MA, 02720
$725,000
For Sale
$725,000
Renovated two-family plus legal ADU delivers a move-in ready three-unit setup with ample off-street parking.
Property Size3,036 SF
Price / SF$238.80
Days on Market5
Property Features for 435 Stetson Street
General Information
- Standard status
- Active
- Size
- 3,036 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1920
Listing agency
Keller Williams South Watuppa
(508) 677-3233
Listed by
The Vision Group
(508) 677-3233
Source
Compass
Added: Jul 17 Updated: Jul 21 at 11:23AM Checked: Jul 21 at 11:23AM
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 Keller Williams South Watuppa
Investment Insights
Based on property information with market context.
This fully renovated two-family home with a legal ADU offers a three-unit configuration and a move-in ready layout. The property includes two open-concept, spacious 3-bedroom units, along with an accessory dwelling unit that provides added flexibility.
Exterior improvements include classic cedar shingle siding, new roofs on the main home and detached garage, updated electrical service, and ample off-street parking. A spacious two-car garage supports convenient resident and tenant parking.
The residence is positioned near major highways, schools, and everyday amenities, offering practical access for both owner-occupants and investors.
Exterior improvements include classic cedar shingle siding, new roofs on the main home and detached garage, updated electrical service, and ample off-street parking. A spacious two-car garage supports convenient resident and tenant parking.
The residence is positioned near major highways, schools, and everyday amenities, offering practical access for both owner-occupants and investors.
Key Highlights
- Fully renovated 2‑family home plus a legal ADU (3‑unit feel) with first floor and ADU to be delivered vacant
- Two open‑concept 3‑bedroom units plus an accessory dwelling unit for added rental or multigenerational flexibility
- 3 total bathrooms; full basement with partially finished space and interior access
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
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Renovated two-family plus legal ADU delivers a move-in ready three-unit setup with ample off-street parking.
Where is this triplex located?
The property is located at 435 Stetson Street 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 a legal ADU (3‑unit feel) with first floor and ADU to be delivered vacant; Two open‑concept 3‑bedroom units plus an accessory dwelling unit for added rental or multigenerational flexibility; 3 total bathrooms; full basement with partially finished space and interior access
