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    Fall River Multifamily Investment Title is generated by Realmo AI

    96 John St, Fall River, MA 02721

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    Claim this Listing
    Pending
    $699,000

    MULTI_FAMILY - Fall River, MA

    Property size:
    3,280 SF
    Lot size:
    0.13 Acres
    Added:
    May 19, 2026
    Days on Market:
    49
    Last Refresh:
    Jul 6 at 4:06 am

    Property Features for 96 John St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    A-2
    Bedrooms
    10
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 9, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 10, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 8
    Parking
    3
    Standard status
    Pending
    APN
    M:0I16 B:0000 L:0020,2828448
    Size
    3,280 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    4655

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    3

    We can help!

    Contact an agent
    Clifford Ponte

    Listing agent Clifford Ponte License #9554597

    Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

    Listing date May 19, 2026

    MLS# 73521519 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.

    HighLights

    • 3‑family in Fall River built in 1900, generating $4,250/mo from two TAW units with a vacant 2‑bedroom unit
    • 1st floor features 1,600+ SF 6‑bedroom layout that could be split into two units; 3rd‑floor walkup has 8 separate rooms used as storage
    • Separated utilities plus newly installed 5th electric panel and meter; gas heating and city water/sewer
    • Recent interior updates include new LVP flooring, paint, doors, bathroom remodels, and some appliances
    • All units have deleading certificates
    • 3 off‑street parking spots and a spacious fenced‑in backyard; about 5 minutes to MBTA commuter rail

    Overview

    This Fall River multifamily property presents an opportunity for investors or owner-occupants. Currently configured as a three-family residence, it generates $4,250 per month from two tenant-at-will units. A vacant two-bedroom unit is available for immediate occupancy or rental. The first floor features a 1,600+ square foot, six-bedroom layout that could potentially be divided into two separate units. The third-floor walkup, consisting of eight rooms currently used for storage, offers additional renovation potential. The property has separate utilities and a newly installed fifth electric panel and meter. It utilizes gas heating and city water/sewer. All units have deleading certificates. Recent updates include new LVP flooring, paint, doors, bathroom remodels, and some appliances, along with other interior improvements. The property includes three off-street parking spots and a spacious fenced-in backyard. It offers convenient highway access and is located near the historic Lizzie Borden house and Terra Nostra restaurant, and is approximately five minutes from the MBTA commuter rail. The lot size is 0.125 acres, and the property size is 3,280 square feet. The zoning is A-2.

    Local Financial Insights For Multifamily LT 5

    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 $90.5k $27.60
    − Vacancy −$6.8k −$2.07
    EGI $83.7k $25.53
    − OpEx −$25.1k −$7.66
    NOI $58.6k $17.87
    3,280 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $837.4K
    $732.7K – $977.0K (±1% cap)
    NOI $58,617 @ 7.0% cap · market cap 8.39%
    Second Best
    Apartment 5plus
    $778.2K
    $680.9K – $907.9K (±1% cap)
    NOI $54,475 @ 7.0% cap · market cap 7.79%
    Theoretical Best
    Office A
    $2.00M
    $1.75M – $2.33M (±1% cap)
    NOI $139,822 @ 7.0% cap · market cap 20.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Parking Lot & Garage (Bike/Boat/Book/etc) Store Cosmetic Store Clothing & Fashion Store Hotel & Motel Tattoo & Piercing Shop Pet Grooming Service Restaurant Restaurant Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.15455
    Latitude
    41.69603

    FAQs

    What type of property is this?
    Triplex - Three-family property with expansion potential near historic landmarks.
    Where is this triplex located?
    The property is located at 96 John St Fall River, MA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 3‑family in Fall River built in 1900, generating $4,250/mo from two TAW units with a vacant 2‑bedroom unit; 1st floor features 1,600+ SF 6‑bedroom layout that could be split into two units; 3rd‑floor walkup has 8 separate rooms used as storage; Separated utilities plus newly installed 5th electric panel and meter; gas heating and city water/sewer
    More about this property
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