Four-Unit Residential
908 Plymouth Ave, Fall River, MA 02721
For Sale
$699,900
One third-floor apartment is vacant, while the property also generates rental income from occupied units.
Property Size1,900 SF
Price / SF$201.76
Days on Market19
Property Features for 908 Plymouth Ave
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Mikah Realty Group
Listed By:
Malange DePina
(508) 406-8092
Source:
Iverty
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 7:02AM
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 Mikah Realty Group
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Investment Insights
Based on property information with market context.
This four-unit residential property contains approximately 3,469 square feet of living space and dates to 1900. The unit mix includes a vacant apartment on the third floor, alongside units that provide rental income. The interiors combine existing updates with areas where further work may be considered. Lead certificates are in hand.
The property is at 908 Plymouth Ave in Fall River, near shopping, dining, and local amenities.
The property is at 908 Plymouth Ave in Fall River, near shopping, dining, and local amenities.
Key Highlights
- Four residential units across approximately 3,469 square feet
- Third‑floor apartment is vacant; other units provide rental income
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,994
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,880
$1.2M
Cap Rate 7%
$885,629
$885.6K
Cap Rate 9%
$688,822
$688.8K
Market Conditions
NOI Build-Up for 3,469 SF
Gross rent
$95.7K $27.60/SF
− Vacancy
−$7.2K −$2.07/SF
EGI
$88.6K $25.53/SF
− OpEx
−$26.6K −$7.66/SF
NOI
$62.0K $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%
$1,239,880
Cap Rate 7%
$885,629
Cap Rate 9%
$688,822
Alternative Uses
Best Use
Multifamily LT 5
$885.6K
$774.9K – $1.03M
NOI $61,994 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$823.1K
$720.2K – $960.2K
NOI $57,614 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,879 @ 7.0% cap · market cap 21.13%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,694
Businesses Nearby
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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
$362,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Bristol County, MA
Properties on Market for Quadplexes in Bristol County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - One third-floor apartment is vacant, while the property also generates rental income from occupied units.
Where is this quadplex located?
The property is located at 908 Plymouth Ave Fall River, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Four residential units across approximately 3,469 square feet; Third‑floor apartment is vacant; other units provide rental income; Built in 1900
