Duplex With Detached
For Sale
$460,000
580 Pine St, Fall River, MA 02720
Two apartments have separate kitchens, living areas, and access from the front porch and rear patio.
Property Size2,194 SF
Price / SF$209.66
Days on Market10
Property Features for 580 Pine St
General Information
Standard status
Active
Size
2,194 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
in need of a little love
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Amenities
front porch
back patio
basement
yard
hardwood floors
fireplace
Building Details
Year Built
1900
Buildings
1
Listing Agency:
RE/MAX Vantage
Listed By:
Team Roso · License #TM333617
(508) 951-4104
Source:
Exitcaperealty
Added: Oct 24
Changed: Nov 1
Last Checked: Nov 1 at 2:53AM
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 RE/MAX Vantage
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this 2,194-square-foot duplex contains two apartments. The first-floor unit has three bedrooms, an eat-in kitchen, and a large living area. Upstairs, the second unit offers two bedrooms, a bonus room, a living room, and its own eat-in kitchen. Both apartments have entry points at the front porch and back patio, along with access to the basement. Original hardwood floors, a fireplace, and decorative corbels remain among the home's historic details.
The property includes a detached two-stall garage with an upper level, a spacious backyard, and off-street parking. The garage has electricity. The home has been converted to gas, and newer hot water tanks are in place. Electrical service includes separate panels for the apartments and a house meter.
Ruggles Park is one block away, and the property is also convenient to commuter rail, public transportation, and highway access.
The property includes a detached two-stall garage with an upper level, a spacious backyard, and off-street parking. The garage has electricity. The home has been converted to gas, and newer hot water tanks are in place. Electrical service includes separate panels for the apartments and a house meter.
Ruggles Park is one block away, and the property is also convenient to commuter rail, public transportation, and highway access.
Key Highlights
- 2,194 square feet across two apartments
- First‑floor unit has 3 bedrooms; second‑floor unit has 2 bedrooms and a bonus room
- Both apartments have separate entries from the front porch and back patio, plus basement access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,209
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,180
$784.2K
Cap Rate 7%
$560,129
$560.1K
Cap Rate 9%
$435,656
$435.7K
Market Conditions
NOI Build-Up for 2,194 SF
Gross rent
$60.6K $27.60/SF
− Vacancy
−$4.5K −$2.07/SF
EGI
$56.0K $25.53/SF
− OpEx
−$16.8K −$7.66/SF
NOI
$39.2K $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%
$784,180
Cap Rate 7%
$560,129
Cap Rate 9%
$435,656
Alternative Uses
Best Use
Multifamily LT 5
$560.1K
$490.1K – $653.5K
NOI $39,209 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$520.5K
$455.5K – $607.3K
NOI $36,438 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,528 @ 7.0% cap · market cap 20.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 02720, MA
31,209
Population
14,940
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
2,364
Density / Sq Mi
$62,907
Median Household Income
$45,199
Median Earnings
$1,177
Median Rent
$361,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments have separate kitchens, living areas, and access from the front porch and rear patio.
Where is this duplex located?
The property is located at 580 Pine St Fall River, MA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2,194 square feet across two apartments; First‑floor unit has 3 bedrooms; second‑floor unit has 2 bedrooms and a bonus room; Both apartments have separate entries from the front porch and back patio, plus basement access
