Triplex With Two Vacant
For Sale
$579,000
95 Flint St, Fall River, MA 02723
Two refreshed apartments offer immediate flexibility for occupancy, leasing, or multigenerational use.
Property Size2,490 SF
Price / SF$232.53
Days on Market55
Property Features for 95 Flint St
General Information
Standard status
Active
Size
2,490 SF
Property subtype
3 Family - 3 Units Up/Down
Units
Unit Mix
3 x 2BR
Multifamily Units
3
Additional Details
Highway Access
Yes
Building Details
Building Size
2,490 SF
Year Built
1900
Listing Agency:
Vital Source Realty
(617) 712-0992
Listed By:
Shalaye Camillo
(617) 379-3530
Source:
Iverty
Added: Aug 12
Changed: Oct 4
Last Checked: Oct 4 at 9:45AM
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 Vital Source Realty
Investment Insights
Based on property information with market context.
This 2,490-square-foot triplex at 95 Flint St features three two-bedroom units, including two currently vacant apartments. Those units have been freshly painted and fitted with new flooring, while the occupied third-floor residence has been maintained. Refreshed common areas add to the building’s current condition and usability.
Built in 1900, the property provides several established occupancy configurations, including living in one unit while leasing another or placing all three apartments into service. Convenient highway access supports everyday travel and property operations. The combination of two available units, a maintained occupied residence, and three consistent two-bedroom layouts creates a straightforward multifamily ownership setup in Fall River.
Built in 1900, the property provides several established occupancy configurations, including living in one unit while leasing another or placing all three apartments into service. Convenient highway access supports everyday travel and property operations. The combination of two available units, a maintained occupied residence, and three consistent two-bedroom layouts creates a straightforward multifamily ownership setup in Fall River.
Key Highlights
- Three‑unit multifamily property with 2,490 square feet
- Each unit includes 2 bedrooms
- Two units are vacant and have fresh paint plus new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,499
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,980
$890.0K
Cap Rate 7%
$635,700
$635.7K
Cap Rate 9%
$494,433
$494.4K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$68.7K $27.60/SF
− Vacancy
−$5.2K −$2.07/SF
EGI
$63.6K $25.53/SF
− OpEx
−$19.1K −$7.66/SF
NOI
$44.5K $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%
$889,980
Cap Rate 7%
$635,700
Cap Rate 9%
$494,433
Alternative Uses
Best Use
Multifamily LT 5
$635.7K
$556.2K – $741.7K
NOI $44,499 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$590.8K
$516.9K – $689.3K
NOI $41,355 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,146 @ 7.0% cap · market cap 18.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,107
Businesses Nearby
Explore this area
Business Placement
Demographics for 02723, MA
16,084
Population
7,976
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
10,053
Density / Sq Mi
$41,789
Median Household Income
$40,140
Median Earnings
$1,058
Median Rent
$312,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Two refreshed apartments offer immediate flexibility for occupancy, leasing, or multigenerational use.
Where is this triplex located?
The property is located at 95 Flint St Fall River, MA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,490 square feet; Each unit includes 2 bedrooms; Two units are vacant and have fresh paint plus new flooring
