Rebuilt Income Multi-Family with
New
For Sale
$749,900
72 Huard St, Fall River, MA 02721
Three-story, completely rebuilt multifamily with nine bedrooms, three full renovated baths, updated utilities, and off-street parking.
Property Size3,996 SF
Lot Size0.10 Acres
Price / SF$187.66
Days on Market4
Property Features for 72 Huard St
General Information
Standard status
Active
Size
3,996 SF
Lot size
0.10 Acres
Property subtype
Investment
Additional Details
Utilities to Site
Yes
Building Details
Building Size
3,996 SF
Year Built
1900
Buildings
1
Stories
3
Listing Agency:
(508) 415-2972
Listed By:
Christopher Rego
(508) 415-2972
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 9:47AM
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 Christopher Rego
Investment Insights
Based on property information with market context.
This three-story multi-family property was completely rebuilt about nine years ago and is offered in move-in-ready condition. The building totals approximately 3,996 square feet of living space and features nine bedrooms and three full, renovated bathrooms. High ceilings and spacious floor plans are supported by in-unit heating systems. Utilities have been updated as part of the rebuild, and the basement may offer additional potential living space.
The property includes off-street parking and a spacious backyard. Two of the three floors are currently vacant, while the remaining floor has long-term tenants.
Set on a 4,500 square foot lot, the home presents a substantial interior layout with room for exterior enhancements and everyday usability.
The property includes off-street parking and a spacious backyard. Two of the three floors are currently vacant, while the remaining floor has long-term tenants.
Set on a 4,500 square foot lot, the home presents a substantial interior layout with room for exterior enhancements and everyday usability.
Key Highlights
- Three‑story multifamily rebuilt 9 years ago with 3,996 SF of living space
- Nine bedrooms and three full renovated bathrooms
- Two of the three floors are vacant; the remaining floor has long‑term tenants
Financial Insights For Apartment 5plus
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 | $129.5k | $32.40 |
| − Vacancy | −$8.8k | −$2.20 |
| EGI | $120.7k | $30.20 |
| − OpEx | −$54.3k | −$13.59 |
| NOI | $66.4k | $16.61 |
3,996 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$892.7K – $1.19M
NOI $71,413 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$948.1K
$829.6K – $1.11M
NOI $66,367 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,345 @ 7.0% cap · market cap 22.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Explore this area
Business Placement
Demographics for 02721, MA
28,075
Population
12,358
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
73%
High-School Grad
4.0 sq mi
ZIP Area
7,019
Density / Sq Mi
$50,666
Median Household Income
$40,315
Median Earnings
$1,010
Median Rent
$362,800
Median Home Value
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-story, completely rebuilt multifamily with nine bedrooms, three full renovated baths, updated utilities, and off-street parking.
Where is this triplex located?
The property is located at 72 Huard St Fall River, MA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Three‑story multifamily rebuilt 9 years ago with 3,996 SF of living space; Nine bedrooms and three full renovated bathrooms; Two of the three floors are vacant; the remaining floor has long‑term tenants
