Updated Duplex with In-Ground
For Sale
$639,900
47 Bush Street, Fall River, MA 02724
Vacant at conveyance with finished basement, central air, garage, and commuter rail access.
Property Size2,860 SF
Price / SF$223.74
Days on Market29
Property Features for 47 Bush Street
General Information
Standard status
Active
Size
2,860 SF
Property subtype
2 Family - 2 Units Up/Down
Additional Details
Public Transit
Yes
Amenities
pool
central air conditioning
Building Details
Building Size
2,860 SF
Year Built
1950
Listing Agency:
IVerty Realty, LLC
Listed By:
Mela Dieujuste · License #452508574
(413) 786-0584
Source:
Iverty
Added: Sep 7
Changed: Oct 4
Last Checked: Oct 4 at 9:53AM
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 IVerty Realty, LLC
Investment Insights
Based on property information with market context.
This 2,860-square-foot duplex, built in 1950, will be vacant at conveyance and includes a finished basement with a kitchenette, bathroom, and family room. Interior features include wood flooring, replacement windows, abundant natural light, and central air conditioning. Exterior improvements include updated vinyl siding, Trex decking, a composite covered porch, a 50-year hurricane-rated asphalt shingle roof, and an in-ground pool. A two-car garage and driveway parking provide additional utility.
Located at 47 Bush Street in Fall River, the property is minutes from South Coast Shopping Plaza and the commuter rail, providing access to shopping, dining, and transportation. The seller will provide a 1-year home warranty.
Located at 47 Bush Street in Fall River, the property is minutes from South Coast Shopping Plaza and the commuter rail, providing access to shopping, dining, and transportation. The seller will provide a 1-year home warranty.
Key Highlights
- 2,860‑square‑foot duplex built in 1950
- Finished basement with kitchenette, bathroom, and family room
- In‑ground pool, composite covered porch, and Trex decking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,111
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,220
$1.0M
Cap Rate 7%
$730,157
$730.2K
Cap Rate 9%
$567,900
$567.9K
Market Conditions
NOI Build-Up for 2,860 SF
Gross rent
$78.9K $27.60/SF
− Vacancy
−$5.9K −$2.07/SF
EGI
$73.0K $25.53/SF
− OpEx
−$21.9K −$7.66/SF
NOI
$51.1K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,220
Cap Rate 7%
$730,157
Cap Rate 9%
$567,900
Alternative Uses
Best Use
Multifamily LT 5
$730.2K
$638.9K – $851.9K
NOI $51,111 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$678.6K
$593.8K – $791.7K
NOI $47,500 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,918 @ 7.0% cap · market cap 19.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 02724, MA
18,050
Population
8,808
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
76%
High-School Grad
1.8 sq mi
ZIP Area
10,028
Density / Sq Mi
$49,809
Median Household Income
$42,334
Median Earnings
$1,105
Median Rent
$368,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant at conveyance with finished basement, central air, garage, and commuter rail access.
Where is this duplex located?
The property is located at 47 Bush Street Fall River, MA.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: 2,860‑square‑foot duplex built in 1950; Finished basement with kitchenette, bathroom, and family room; In‑ground pool, composite covered porch, and Trex decking
