
30 Harvard Fall River — Photo 1 of 39
$565,000
Investment Analysis — 30 Harvard
Fall River, MA 02720 — Bowenville
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-unit multi-family in 02720 carries an estimated $3,580/mo in gross rent — about a 4.93% cap rate and $27,844/yr in estimated NOI at the $565,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
1,811
Style
2 Family - 2 Units Up/Down
Built
1925
A rare opportunity in Fall River’s desirable Highlands neighborhood, this well-cared-for two-family combines the space, privacy and outdoor lifestyle that can be difficult to find in a multifamily property. Owner-occupied throughout the seller’s entire ownership, the property has been lovingly maintained and offers an ideal setup for an owner-occupant, investor or multigenerational household—with both units to be delivered vacant at closing. One of the property’s defining features is its oversized lot, offering an expansive fenced-in yard with exceptional space for pets, gardening, recreation and outdoor entertaining. The substantial land may also present future development potential, including the possibility an ADU or of subdividing into two lots with the necessary variance and municipal approvals, providing an intriguing opportunity for buyers looking beyond the home itself. Adding even more value is the spacious detached two-car garage, along with off-street parking—a major convenience for a multifamily property. The large yard, garage, deck and outdoor areas give the property a true single-family lifestyle feel while retaining the flexibility and income potential of a two-family.Inside, both units offer comfortable living spaces filled with natural light and the character of a home that has been cared for over many years. Whether you're looking to live in one unit while renting the other, accommodate extended family, or add a vacant two-family to your portfolio, the ability to take possession of both units vacant provides tremendous flexibility from day one. Set in the Highlands, one of Fall River’s most sought-after residential neighborhoods, 30 Harvard Street offers a compelling combination of location, land, parking, garage space and multifamily versatility. A unique property with room to enjoy today and exciting possibilities for the future.
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.
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Listing Agent: Ryan Shea
Listing Office: HomeSmart Professionals Real Estate
MLS® Number: 73580285
