Triplex with Finished
New
For Sale
$829,000
600 Broadway, Fall River, MA 02724
Residential Income, Fall River, MA
Property Size4,121 SF
Lot Size0.15 Acres
Price / SF$201.16
Days on Market3
Property Features for 600 Broadway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Bedrooms
7
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 2, Bathroom 1
Parking
4
Directions
take exit 11 on 195 to Broadway, one block from the JFK park.
Standard status
Active
APN
M:0G20 B:0000 L:0050,2826684
Size
4,121 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6889
Building Details
Year built
1914
Floors in Building
3
Number of units
3
Listing Agency:
Keller Williams Elite · Keller Williams Realty
(508) 695-4545
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 5:06AM
MLS# 73589792
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.
Investment Insights
Based on property information with market context.
This 4,121-square-foot triplex, built in 1914, sits on a 0.1465-acre lot and is zoned R-4. The second-floor unit has three bedrooms and an office, hardwood floors, recessed lighting, a full kitchen, and closet storage. Its heating system is new, and the electrical system was updated in 2024. Two units occupy the first floor; one opens directly to the finished basement, which has mini-split AC. A walk-up attic with full ceiling height adds further interior space.
A large driveway provides on-site parking. Schools, parks, shopping, and major highways are nearby.
A large driveway provides on-site parking. Schools, parks, shopping, and major highways are nearby.
Key Highlights
- 4,121‑square‑foot triplex on a 0.1465‑acre lot
- R‑4 zoning; built in 1914
- Three‑bedroom, one‑office second‑floor unit with new heating and electrical updated in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,646
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,920
$1.5M
Cap Rate 7%
$1,052,086
$1.1M
Cap Rate 9%
$818,289
$818.3K
Market Conditions
NOI Build-Up for 4,121 SF
Gross rent
$113.7K $27.60/SF
− Vacancy
−$8.5K −$2.07/SF
EGI
$105.2K $25.53/SF
− OpEx
−$31.6K −$7.66/SF
NOI
$73.6K $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%
$1,472,920
Cap Rate 7%
$1,052,086
Cap Rate 9%
$818,289
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$920.6K – $1.23M
NOI $73,646 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$977.8K
$855.5K – $1.14M
NOI $68,443 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M
NOI $175,673 @ 7.0% cap · market cap 21.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,534
Businesses Nearby
Explore this area
Business Placement
Demographics for 02724, MA
18,050
Population
8,808
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
76%
High-School Grad
1.8 sq mi
ZIP Area
10,028
Density / Sq Mi
$49,809
Median Household Income
$42,334
Median Earnings
$1,105
Median Rent
$368,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit configuration includes an updated upper residence and finished lower-level space connected to one of the first-floor units.
Where is this triplex located?
The property is located at 600 Broadway Fall River, MA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: 4,121‑square‑foot triplex on a 0.1465‑acre lot; R‑4 zoning; built in 1914; Three‑bedroom, one‑office second‑floor unit with new heating and electrical updated in 2024
