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Three-Unit Multifamily Property
For Sale
$729,999

82 Snell St, Fall River, MA 02721

Residential Income, Fall River, MA

Property Size3,917 SF
Lot Size0.14 Acres
Price / SF$186.37
Days on Market96

Property Features for 82 Snell St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 9, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Parking 7
Elementary school Greene School
Middle school Matthew J. Kuss
High school B.M.C Durfee
Directions GPS,WAZE
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 · RE/MAX International
Listed By: Luis B Martins
Added: Jul 15 Changed: Sep 14 Last Checked: Oct 18 at 11:06PM
MLS# 73549786

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

Based on property information with market context.

This three-family property contains 3,917 square feet and was built in 1900. The first-floor apartment has 4 bedrooms, while the two upper units each include 3 bedrooms. All three apartments provide living and dining rooms, with flooring that includes hardwood, laminate, and tile. Separate utilities serve each unit.

The third floor also includes 2 unfinished rooms outside the primary apartment layout. The basement provides space for individual storage areas and potential coin-operated laundry equipment. Exterior features include a spacious backyard and detached garage that can support parking or additional storage. The property is located near shopping, restaurants, schools, highways, and public transportation in Fall River, Massachusetts.

Key Highlights

  • Three‑family property with 3,917 square feet
  • First‑floor unit has 4 bedrooms; second- and third‑floor units have 3 bedrooms each
  • Separate utilities serve each apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$65,054
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,080 $1.3M
Cap Rate 7%
$929,343 $929.3K
Cap Rate 9%
$722,822 $722.8K
Market Conditions
NOI Build-Up for 3,917 SF
Gross rent
$126.9K $32.40/SF
− Vacancy
−$8.6K −$2.20/SF
EGI
$118.3K $30.20/SF
− OpEx
−$53.2K −$13.59/SF
NOI
$65.1K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,080
Cap Rate 7%
$929,343
Cap Rate 9%
$722,822

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$875.0K – $1.17M (±1% cap)
NOI $70,001 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$929.3K
$813.2K – $1.08M (±1% cap)
NOI $65,054 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$2.39M
$2.09M – $2.78M (±1% cap)
NOI $166,977 @ 7.0% cap · market cap 22.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Hotel & Motel Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,674
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Large apartment units feature separate utilities, shared basement storage potential, a backyard, and a 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 $729,999.
What are key features of this property?
This property features: Three‑family property with 3,917 square feet; First‑floor unit has 4 bedrooms; second- and third‑floor units have 3 bedrooms each; Separate utilities serve each apartment
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