Three-Family Corner Lot
464 Birch St Fall River, MA 02724
For Sale
$744,900
Pending
MULTI_FAMILY - Fall River, MA
Property Size3,207 SF
Lot Size0.12 Acres
Days on Market110
Property Features for 464 Birch St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Bedrooms
9
Bathrooms
3
Rooms
Bedroom 9, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking
2
Standard status
Pending
APN
M:0H14 B:0000 L:0034,2827349
Size
3,207 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6208
Utilities
Water front
1
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Listing Agency:
Keller Williams Realty Evolution
(781) 395-5600
Listed By:
Keller Williams Realty Evolution
Added: Apr 10
Changed: Jul 24
Last Checked: Jul 28 at 9:06AM
MLS# 73499986
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 three-family residence is set on a level corner lot and offers oak hardwood floors throughout with a functional, well-flowing layout. Each unit includes three bedrooms, and Units 1 and 3 also feature an additional home office or bonus room. The property is designed for independent living with separate utilities, and it has newer domestic hot water tanks along with natural gas service. A standalone garage provides additional on-site utility and storage space.
Located in Fall River, the home is positioned just off the S. Main St. business district. The Walk Score is listed as 77, supporting a walkable day-to-day environment. It is noted to be convenient to Abbott Park, MBCR Fall River Depot, South Coast Marketplace, and the downtown Fall River business district, with easy access to Routes 24 and 195. The property is zoned R-4.
For buyers seeking a residential income property, this configuration provides three-bedroom units with flexible space in two of the units. Separate utilities can simplify resident billing, while the standalone garage adds practical value for tenants and operators. The office/bonus rooms may also support live-work arrangements or additional in-unit living flexibility.
Located in Fall River, the home is positioned just off the S. Main St. business district. The Walk Score is listed as 77, supporting a walkable day-to-day environment. It is noted to be convenient to Abbott Park, MBCR Fall River Depot, South Coast Marketplace, and the downtown Fall River business district, with easy access to Routes 24 and 195. The property is zoned R-4.
For buyers seeking a residential income property, this configuration provides three-bedroom units with flexible space in two of the units. Separate utilities can simplify resident billing, while the standalone garage adds practical value for tenants and operators. The office/bonus rooms may also support live-work arrangements or additional in-unit living flexibility.
Key Highlights
- Three‑family home built in 1900
- Oak hardwood floors throughout
- Level corner lot with standalone garage
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 | $88.5k | $27.60 |
| − Vacancy | −$6.6k | −$2.07 |
| EGI | $81.9k | $25.53 |
| − OpEx | −$24.6k | −$7.66 |
| NOI | $57.3k | $17.87 |
3,207 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$818.7K
$716.4K – $955.2K
NOI $57,312 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$760.9K
$665.8K – $887.7K
NOI $53,263 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,711 @ 7.0% cap · market cap 18.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three separate units on a level corner lot with oak hardwood floors, natural gas, separate utilities, and a standalone garage.
Where is this triplex located?
The property is located at 464 Birch St Fall River, MA.
What is the asking price?
The asking price for this property is $744,900.
What are key features of this property?
This property features: Three‑family home built in 1900; Oak hardwood floors throughout; Level corner lot with standalone garage
