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    Vacant First-Floor Triplex Title is generated by Realmo AI

    48 Tuttle St, Fall River, MA 02724

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    Claim this Listing
    New
    For Sale
    $775,000

    MULTI_FAMILY - Fall River, MA

    Property size:
    2,700 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $287/SF
    Added:
    Jun 25, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 25 at 10:06 pm

    Property Features for 48 Tuttle St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 3, Bathroom 2
    Parking
    8
    Standard status
    Active
    APN
    M:0B16 B:0000 L:0026,2821369
    Size
    2,700 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4634

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    3

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    Eddie Lopez
    Eddie Lopez

    Listing agent Eddie Lopez

    Listing office RE/MAX Vantage 77 State Road, Boston, MA

    Listing date Jun 25, 2026

    MLS# 73542106 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

    • First‑floor unit is fully renovated and will be delivered vacant for move‑in or leasing on your terms
    • Second- and third‑floor units are occupied by tenants at will, providing immediate rental occupancy
    • Property includes a two‑car garage and a full basement for storage, workshop, or flex use
    • Built in 1900, with layouts featuring bedrooms 1–9 and bathrooms 1–3

    Overview

    This property is a multifamily triplex with three separate units. The first-floor unit has been fully renovated and will be delivered vacant, giving an owner the option to move in, set new tenancy terms, or place a qualified tenant. The second- and third-floor units are currently occupied by tenants at will.

    The building includes a two-car garage and a full basement, adding practical on-site space for storage or other flexible uses. The property is located at 48 Tuttle St in Fall River, Massachusetts. Appointment is required for all showings.

    For buyers and owner-occupants, the combination of a vacant, move-in-ready first-floor unit and two currently occupied units can support immediate rental income while still allowing flexibility for future leasing decisions. For investors, the presence of multiple units with different occupancy statuses may simplify operational planning and provide options for unit transitions over time. The on-site garage and basement can also be valuable for tenant convenience and overall property functionality.

    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 (±1% cap)
    NOI $48,252 @ 7.0% cap · market cap 6.23%
    Second Best
    Apartment 5plus
    $640.6K
    $560.5K – $747.4K (±1% cap)
    NOI $44,842 @ 7.0% cap · market cap 5.79%
    Theoretical Best
    Office A
    $1.64M
    $1.44M – $1.92M (±1% cap)
    NOI $115,098 @ 7.0% cap · market cap 14.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.173052
    Latitude
    41.684608

    FAQs

    What type of property is this?
    Triplex - Renovated first-floor unit plus two tenant-at-will units, with a two-car garage and full basement.
    Where is this triplex located?
    The property is located at 48 Tuttle St Fall River, MA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: First‑floor unit is fully renovated and will be delivered vacant for move‑in or leasing on your terms; Second- and third‑floor units are occupied by tenants at will, providing immediate rental occupancy; Property includes a two‑car garage and a full basement for storage, workshop, or flex use
    More about this property
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