Three-Family Corner Lot
464 Birch St, Fall River, MA 02724
MULTI_FAMILY - Fall River, MA
Property size:
3,207 SFLot size:
0.12 AcresPrice / SF:
$232/SF- Added:
- Apr 10, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 12 at 11:06 pm
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 3, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 6
- Parking
- 2
- Standard status
- Active Under Contract
- 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 agent Keller Williams Realty Evolution
Listing office Keller Williams Realty Evolution 301 Edgewater Place, Suite 100, Beverly, MA (781) 395-5600
Listing date Apr 10, 2026
MLS# 73499986
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
- Three‑family home built in 1900 with three bedrooms in each unit
- Oak hardwood floors throughout and a floor plan that flows nicely
- Level corner lot with a standalone garage
- Separate utilities, newer domestic hot water tanks, and natural gas service
- Units 1 and 3 include an additional home office/bonus room
- Walk Score of 77; near S. Main St business district, Abbott Park, MBCR Fall River Depot, South Coast Marketplace, and downtown Fall River with easy access to Routes 24 & 195
Overview
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.
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 | $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 local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Fall River
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.179408
- Latitude
- 41.684945
Nearby Similar for Sale
FAQs
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 with three bedrooms in each unit; Oak hardwood floors throughout and a floor plan that flows nicely; Level corner lot with a standalone garage
