Two-Unit Duplex with Expansion
630 Bay St, Fall River, MA 02724
For Sale
New
$549,000
Residential Income, Fall River, MA
Property Size2,202 SF
Lot Size0.16 Acres
Price / SF$249.32
Days on Market1
Property Features for 630 Bay St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Keller Williams South Watuppa · Keller Williams Realty
Listed By:
Clifford Ponte · License MA #9554597
(508) 677-3233
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 73601944
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.
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Investment Insights
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This 2,202-square-foot duplex contains two units, each arranged with four rooms, two bedrooms, one full bath, and hardwood floors. The third level is divided into multiple rooms, while a full, partially finished basement includes a half bath, concrete flooring, and interior and exterior access. The property is being delivered vacant. Recent work includes 2026 painting, windows, exterior doors, gutters, and a chimney and liner; the driveway was also completed in 2026, with off-street parking for two vehicles.
Each unit has 100-amp electrical service, brand-new space heaters, natural-gas hot water, and gas range hookups. A third-party-owned solar system and the roof are both two years old. The 0.1618-acre parcel also includes a backyard and finished side yard. The property is near public transportation, shopping, parks, walking and jogging trails, medical facilities, schools, a waterfront marina, and Sandy Beach along Mount Hope Bay, with access to Routes 24 and 79, I-195, and the MBTA South Coast Rail station.
Each unit has 100-amp electrical service, brand-new space heaters, natural-gas hot water, and gas range hookups. A third-party-owned solar system and the roof are both two years old. The 0.1618-acre parcel also includes a backyard and finished side yard. The property is near public transportation, shopping, parks, walking and jogging trails, medical facilities, schools, a waterfront marina, and Sandy Beach along Mount Hope Bay, with access to Routes 24 and 79, I-195, and the MBTA South Coast Rail station.
Key Highlights
- Two units, each with 2 bedrooms, 1 full bath, and four rooms
- 2,202 square feet of living space on a 0.1618‑acre parcel
- Third level divided into multiple rooms; partially finished basement with half bath and two access points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,352
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,040
$787.0K
Cap Rate 7%
$562,171
$562.2K
Cap Rate 9%
$437,244
$437.2K
Market Conditions
NOI Build-Up for 2,202 SF
Gross rent
$60.8K $27.60/SF
− Vacancy
−$4.6K −$2.07/SF
EGI
$56.2K $25.53/SF
− OpEx
−$16.9K −$7.66/SF
NOI
$39.4K $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%
$787,040
Cap Rate 7%
$562,171
Cap Rate 9%
$437,244
Alternative Uses
Best Use
Multifamily LT 5
$562.2K
$491.9K – $655.9K
NOI $39,352 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$522.4K
$457.1K – $609.5K
NOI $36,571 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,869 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
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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
$368,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fall River, MA
Properties on Market for Duplexes in Fall River
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom layouts, off-street parking, and a partially finished basement support flexible residential use.
Where is this duplex located?
The property is located at 630 Bay St Fall River, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms, 1 full bath, and four rooms; 2,202 square feet of living space on a 0.1618‑acre parcel; Third level divided into multiple rooms; partially finished basement with half bath and two access points
