Two-Unit Residential Income
65-67 Farnham Street Fall River, MA 02720
For Sale
$599,000
For sale duplex property offering a two-unit residential income configuration in Fall River, Massachusetts.
Property Size2,476 SF
Price / SF$241.92
Days on Market57
Property Features for 65-67 Farnham Street
General Information
- Standard status
- Active
- Size
- 2,476 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1920
Listing Agency:
First Choice Patenaude R.E.
(508) 675-0642
Listed By:
Karen Charette · License #9501260
Source:
Paulgrover
Added: Jun 1
Changed: Jul 25
Last Checked: Jul 26 at 2:18PM
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 First Choice Patenaude R.E.
Investment Insights
Based on property information with market context.
This two-unit duplex is being offered for sale as a residential income property. The listing is categorized under duplexes, multifamily properties, and residential income properties, reflecting a small-scale two-unit ownership structure.
The property is located at 65-67 Farnham Street in Fall River, Massachusetts.
With a total property size of 2,476 square feet, the asset presents a straightforward duplex setup for buyers seeking a residential income format within a compact two-address configuration.
The property is located at 65-67 Farnham Street in Fall River, Massachusetts.
With a total property size of 2,476 square feet, the asset presents a straightforward duplex setup for buyers seeking a residential income format within a compact two-address configuration.
Key Highlights
- Duplex in Fall River, Massachusetts offering a two‑unit residential income configuration
- Built in 1920
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 | $68.3k | $27.60 |
| − Vacancy | −$5.1k | −$2.07 |
| EGI | $63.2k | $25.53 |
| − OpEx | −$19.0k | −$7.66 |
| NOI | $44.2k | $17.87 |
2,476 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$632.1K
$553.1K – $737.5K
NOI $44,249 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$587.5K
$514.0K – $685.4K
NOI $41,122 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,549 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - For sale duplex property offering a two-unit residential income configuration in Fall River, Massachusetts.
Where is this duplex located?
The property is located at 65-67 Farnham Street Fall River, MA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Duplex in Fall River, Massachusetts offering a two‑unit residential income configuration; Built in 1920
