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120 Days on market

115 Almy St Fall River — Photo 1 of 41

$575,000

Investment Analysis — 115 Almy St

Fall River, MA 02720

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02720 carries an estimated $1,960/mo in gross rent — about a 2.22% cap rate and $12,782/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,052

Style

Single Family

Built

2007

Absolutely turnkey Colonial built in 2007, offering over 2,000 square feet of living space and an incredible combination of comfort, functionality, and versatility. Step inside to a stunning open foyer with soaring ceilings that create a welcoming first impression.The spacious floor plan features a huge primary suite complete with a private en-suite bath, walk-in closet, convenient second-floor laundry, and a slider leading directly to a beautiful deck—perfect for enjoying your morning coffee or unwinding at the end of the day.This home boasts an impressive amount of garage and storage space, making it ideal for car enthusiasts, hobbyists, contractors, small business owners, or anyone in need of extra room. Mechanical lift in the garages are negotiable and can either remain with the property or be removed prior to closing. Additional features include Harvey windows, a partially finished basement with sections of heated concrete flooring, and an abundance of off-street parking.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,052 sq ft principal dwelling). Lot size: 6,003 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.