48 Tuttle Street Fall River, MA 02724
48 Tuttle Street, Fall River, MA, 02724
$774,900
For Sale
$774,900
Triplexes
Property Size2,700 SF
Price / SF$287
Days on Market34
Property Features for 48 Tuttle Street
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Multi-family / 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
RE/MAX Vantage
(774) 992-0297
Listed by
Team ROSO
(774) 992-0297
Source
Compass
Added: Jun 18 Updated: Jul 21 at 12:50PM Checked: Jul 21 at 12:50PM
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 RE/MAX Vantage
Investment Insights
Based on property information with market context.
Key Highlights
- 3 total bathrooms; full basement and full basement features noted
- Year built 1900
- Fully renovated first‑floor unit will be delivered vacant
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 | $74.5k | $27.60 |
| − Vacancy | −$5.6k | −$2.07 |
| EGI | $68.9k | $25.53 |
| − OpEx | −$20.7k | −$7.66 |
| NOI | $48.3k | $17.87 |
2,700 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$689.3K
$603.2K – $804.2K
NOI $48,252 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$640.6K
$560.5K – $747.4K
NOI $44,842 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $115,098 @ 7.0% cap · market cap 14.85%
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
Where is this triplex located?
The property is located at 48 Tuttle Street Fall River, MA.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: 3 total bathrooms; full basement and full basement features noted; Year built 1900; Fully renovated first‑floor unit will be delivered vacant
