Two-Family Duplex with Finished
New
For Sale
$749,000
696 Hood St, Fall River, MA 02720
Residential Income, Fall River, MA
Property Size3,465 SF
Lot Size0.11 Acres
Price / SF$216.16
Days on Market3
Property Features for 696 Hood St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
G
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3
Parking
2
Fireplace
1
Elementary school
James Tansey Elementary School
Middle school
Morton Middle School
High school
B.M.C. Durfee High School
Directions
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Standard status
Active
APN
M:000R B:0001 L:0058,2835616
Size
3,465 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5439
Amenities
mini-splits
front porch
off-street parking
fenced backyard
covered entertaining area
solar panels
gutter guards
Building Details
Year built
1900
Floors in Building
3
Number of units
2
Buildings
1
Listing Agency:
Keller Williams South Watuppa · Keller Williams Realty
Listed By:
Clifford Ponte · License #9554597
(508) 677-3233
Added: Nov 4
Last Checked: Nov 6 at 8:06AM
MLS# 73598496
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 3,465-square-foot duplex, built in 1900, contains two three-bedroom apartments. Each has a large kitchen, generous living space and double parlors. The first-floor apartment includes mini-splits for supplemental heating and cooling; its third bedroom is currently used as a laundry room. A spiral stairway connects that unit to finished basement space with a recreation area and bathroom. The upper apartment has a traditional layout. Recent work includes a roof and vinyl siding installed in 2025, two boilers added in 2024, and gutter guards. A fireplace is also present.
The property occupies a 0.1135-acre lot in Fall River, Massachusetts. Outdoor features include a front porch, off-street parking, a fenced backyard and a covered entertaining area. Solar panels serving the first-floor apartment and common areas are subject to an assumable Power Purchase Agreement, with buyer approval required. Both apartments are to be delivered vacant. The zoning designation is G.
The property occupies a 0.1135-acre lot in Fall River, Massachusetts. Outdoor features include a front porch, off-street parking, a fenced backyard and a covered entertaining area. Solar panels serving the first-floor apartment and common areas are subject to an assumable Power Purchase Agreement, with buyer approval required. Both apartments are to be delivered vacant. The zoning designation is G.
Key Highlights
- Two three‑bedroom apartments; both delivered vacant
- 3,465‑square‑foot building on a 0.1135‑acre lot
- Finished basement recreation area and bathroom connected to the first‑floor apartment by spiral stairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,923
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,460
$1.2M
Cap Rate 7%
$884,614
$884.6K
Cap Rate 9%
$688,033
$688.0K
Market Conditions
NOI Build-Up for 3,465 SF
Gross rent
$95.6K $27.60/SF
− Vacancy
−$7.2K −$2.07/SF
EGI
$88.5K $25.53/SF
− OpEx
−$26.5K −$7.66/SF
NOI
$61.9K $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%
$1,238,460
Cap Rate 7%
$884,614
Cap Rate 9%
$688,033
Alternative Uses
Best Use
Multifamily LT 5
$884.6K
$774.0K – $1.03M
NOI $61,923 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$822.1K
$719.4K – $959.1K
NOI $57,548 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,709 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,327
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are scheduled for vacant delivery, with separate layouts and shared outdoor amenities.
Where is this duplex located?
The property is located at 696 Hood St Fall River, MA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two three‑bedroom apartments; both delivered vacant; 3,465‑square‑foot building on a 0.1135‑acre lot; Finished basement recreation area and bathroom connected to the first‑floor apartment by spiral stairs
