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Three-Unit Multifamily Income Property

82 Snell St Fall River, MA 02721

New
82 Snell St, Fall River, MA, 02721
$749,999
For Sale
$749,999

MULTI_FAMILY - Fall River, MA

Property Size3,917 SF
Lot Size0.14 Acres
Price / SF$191.47
Days on Market3

Property Features for 82 Snell St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
3
Rooms
Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 3, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
Parking
7
Standard status
Active
APN
M:0I14 B:0000 L:0062,2828347
Size
3,917 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6647

Building Details

Year built
1900
Floors in Building
3
Number of units
3
Listing Agency RE/MAX Synergy
281 Pleasant Street, Brockton, MA
Listed by Luis B Martins
Added: Jul 15 Checked: Jul 17 at 4:06 am
MLS# 73549786 Listing URL

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 for-sale three-unit multifamily property includes separate utilities for each unit. The units feature a mix of hardwood, laminate, and tile flooring, with spacious living and dining rooms on every level. The first unit includes 4 bedrooms, while each of the additional units includes 3 bedrooms. The third level also includes 2 unfinished rooms separate from the main unit, offering additional space.

A basement provides individual storage areas for each unit and room that could support adding laundry equipment. Outside, the property offers a spacious backyard and a detached garage for parking and/or additional storage.

The building sits on a lot size of 0.1369 acres and has a total property size of 3,917 square feet.

Key Highlights

  • 3‑family home built in 1900 with multiple bedrooms and 2, 1, and 3 bathrooms
  • Bedroom layout includes 4 bedrooms on the first floor and 3 bedrooms in each of the two additional units
  • Separate utilities for each unit

Local 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 $126.9k $32.40
− Vacancy −$8.6k −$2.20
EGI $118.3k $30.20
− OpEx −$53.2k −$13.59
NOI $65.1k $16.61
3,917 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$875.0K – $1.17M (±1% cap)
NOI $70,001 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$929.3K
$813.2K – $1.08M (±1% cap)
NOI $65,054 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$2.39M
$2.09M – $2.78M (±1% cap)
NOI $166,977 @ 7.0% cap · market cap 22.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Hotel & Motel Cosmetic Store Florist Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three residential units with separate utilities, hardwood and tile flooring, and a spacious backyard with detached garage.
Where is this triplex located?
The property is located at 82 Snell St Fall River, MA.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 3‑family home built in 1900 with multiple bedrooms and 2, 1, and 3 bathrooms; Bedroom layout includes 4 bedrooms on the first floor and 3 bedrooms in each of the two additional units; Separate utilities for each unit
Contact an agent
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