Triplex with Private
475 Tecumseh St, Fall River, MA 02721
For Sale
$799,000
Pending
Three residential levels include updated siding and electrical service, off-street parking, and a landscaped backyard.
Property Size4,233 SF
Days on Market36
Property Features for 475 Tecumseh St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
backyard landscaping
private owner storage area
Building Details
Year Built
Buildings
Stories
Listing Agency:
Expert Brokers
(617) 471-4467
Listed By:
Eliseu Abreu
(617) 799-2057
Source:
Remmesco
Added: Oct 6
Changed: Nov 9
Last Checked: Nov 9 at 9:21AM
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 Expert Brokers
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Investment Insights
Based on property information with market context.
This 4,233-square-foot triplex at 475 Tecumseh St in Fall River has three stories, with three bedrooms on each floor. Updates include new siding and electrical service. A private owner storage area provides dedicated storage space.
A paved driveway accommodates seven vehicles, and the backyard is landscaped. Built in 1900, the property combines a three-level residential layout with on-site parking and outdoor space.
A paved driveway accommodates seven vehicles, and the backyard is landscaped. Built in 1900, the property combines a three-level residential layout with on-site parking and outdoor space.
Key Highlights
- 4,233‑square‑foot triplex with three bedrooms on each floor
- Three‑story property built in 1900
- Paved driveway with parking for 7 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,303
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,406,060
$1.4M
Cap Rate 7%
$1,004,329
$1.0M
Cap Rate 9%
$781,144
$781.1K
Market Conditions
NOI Build-Up for 4,233 SF
Gross rent
$137.1K $32.40/SF
− Vacancy
−$9.3K −$2.20/SF
EGI
$127.8K $30.20/SF
− OpEx
−$57.5K −$13.59/SF
NOI
$70.3K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,406,060
Cap Rate 7%
$1,004,329
Cap Rate 9%
$781,144
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$945.6K – $1.26M
NOI $75,648 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$1.00M
$878.8K – $1.17M
NOI $70,303 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,448 @ 7.0% cap · market cap 22.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,438
Businesses Nearby
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Business Placement
Demographics for 02721, MA
28,075
Population
12,358
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
73%
High-School Grad
4.0 sq mi
ZIP Area
7,019
Density / Sq Mi
$50,666
Median Household Income
$40,315
Median Earnings
$1,010
Median Rent
$362,800
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Fall River, MA
Properties on Market for Triplexes in Fall River
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential levels include updated siding and electrical service, off-street parking, and a landscaped backyard.
Where is this triplex located?
The property is located at 475 Tecumseh St Fall River, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4,233‑square‑foot triplex with three bedrooms on each floor; Three‑story property built in 1900; Paved driveway with parking for 7 vehicles
