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84 Cory Street Fall River — Photo 1 of 36

84 Cory Street Fall River — Photo 1 of 36

$724,990

Investment Analysis — 84 Cory Street

Fall River, MA 02720

Based on rent reported on the MLS listing, a 5-unit multi-family in 02720 carries $7,500/mo in gross rent — about a 8.15% cap rate and $59,084/yr in estimated NOI at the $724,990 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

5

SqFt

6,156

Style

5+ Family - 5+ Units Side by Side

Built

1900

Investor-focused 6-unit (4 Res/2 commercial) mixed-use opportunity approximately 0.4 miles from Fall River Depot. Offering roughly 6,156 sq ft across three stories, this substantial corner-lot property combines existing residential income with an established commercial component and additional partitioned first-floor space behind the salon. That bonus area has two means of egress and may offer value-add, expansion, or reconfiguration potential, subject to buyer due diligence and municipal approvals, or use as a 6th commercial unit. Public rental records identify four residential apartments as 2E, 2W, 3E and 3W; each is shown as a 2-bedroom/1-bath, single-level residence. The first-floor salon/commercial component accounts for the fifth unit and two half baths. Building totals include 8 bedrooms, 4 full and 2 half baths, 21 total rooms, city water and sewer, and off-street parking spaces. Separate utilities and five existing gas meters—with an open meter position for a sixth—help simplify management and future planning. The location supports an investment thesis built around commuter access, with Fall River Depot less than half a mile away, plus convenient proximity to downtown services, shopping, employment, and regional routes. Consider buy-and-hold, owner-occupant, repositioning, or mixed-use redevelopment strategies. Property is occupied.

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.

Property Details

Financials

Original Price$724,990
Annual Taxes$9,316

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms21
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningG

Property & Lot

Acres0.11
SqFt Lot4,774
Lot FeaturesCorner Lot

Neighborhood

Public Transportation

Geography

Listing Provided By

Listing Agent: Smith & Oak Greater Boston Group

Listing Office: Smith and Oak Real Estate Co.

MLS® Number: 73580337