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    Move-In Ready 3-Family Residence Title is generated by Realmo AI

    552 Alden St, Fall River, MA 02723

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    Claim this Listing
    New
    For Sale
    $699,900

    MULTI_FAMILY - Fall River, MA

    Property size:
    3,141 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $222/SF
    Added:
    Jul 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 6 at 6:06 pm

    Property Features for 552 Alden St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
    Parking
    3
    Standard status
    Active
    APN
    M:0J20 B:0000 L:0060,2829584
    Size
    3,141 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6018

    Building Details

    Year built
    1879
    Floors in Building
    3
    Number of units
    3

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    Contact an agent
    Clifford Ponte

    Listing agent Clifford Ponte License #9554597

    Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

    Listing date Jul 5, 2026

    MLS# 73545183 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

    • Move‑in ready 3‑family in Fall River, MA with each unit offering 2 bedrooms, living room, dining room, kitchen, and a full bathroom
    • New roof in 2023, porch added in 2025, and coin‑op laundry installed in 2026
    • Gas heat with town water and town sewer
    • Basement is unfinished and includes laundry and storage
    • Off‑street parking with 1 spot per unit
    • Small fenced yard

    Overview

    This move-in ready three-family residence contains three separate units, each laid out with wood flooring and offering two bedrooms, a living room, a dining room, a kitchen, and a full bathroom. A basement below provides unfinished space along with laundry and storage. Off-street parking is provided with one space per unit, supported by a small fenced yard for added outdoor utility.

    Improvements include a new roof installed in 2023 and porch work completed in 2025. Coin-operated laundry is planned for 2026. The home is serviced by gas heat and is connected to town water and town sewer. Located at 552 Alden St in Fall River, MA, the property also offers easy highway access for convenient commuting.

    Designed for owner-occupants and investors alike, the configuration supports flexible living while maintaining rental-ready, self-contained layouts. Each unit’s straightforward room package—bedrooms, living and dining spaces, full bathroom, and kitchen—can appeal to tenants looking for functional, move-in ready homes, with laundry and storage available in the basement common area. Parking for each unit helps reduce everyday friction and supports practical, day-to-day operations.

    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 $86.7k $27.60
    − Vacancy −$6.5k −$2.07
    EGI $80.2k $25.53
    − OpEx −$24.1k −$7.66
    NOI $56.1k $17.87
    3,141 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $801.9K
    $701.7K – $935.6K (±1% cap)
    NOI $56,133 @ 7.0% cap · market cap 8.02%
    Second Best
    Apartment 5plus
    $745.2K
    $652.1K – $869.4K (±1% cap)
    NOI $52,166 @ 7.0% cap · market cap 7.45%
    Theoretical Best
    Office A
    $1.91M
    $1.67M – $2.23M (±1% cap)
    NOI $133,897 @ 7.0% cap · market cap 19.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Accounting Firm Skin Care Clinic HVAC Service Cafe & Coffee Shop Daycare Center Kitchen & Bath Showroom Acupuncture Pet Store Pet Store & Service Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.132557
    Latitude
    41.684808

    FAQs

    What type of property is this?
    Triplex - Three updated units each with 2 bedrooms and off-street parking, with laundry and storage in the basement.
    Where is this triplex located?
    The property is located at 552 Alden St Fall River, MA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: Move‑in ready 3‑family in Fall River, MA with each unit offering 2 bedrooms, living room, dining room, kitchen, and a full bathroom; New roof in 2023, porch added in 2025, and coin‑op laundry installed in 2026; Gas heat with town water and town sewer
    More about this property
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