117 Thomas St Fall River — Photo 1 of 10
$739,900
Investment Analysis — 117 Thomas St
Fall River, MA 02723
Based on rent reported on the MLS listing, a 3-unit multi-family in 02723 carries $5,550/mo in gross rent — about a 6.06% cap rate and $44,803/yr in estimated NOI at the $739,900 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,045
Style
3 Family
Built
1900
Exceptional three-family property offers a fantastic opportunity for both owner-occupants and investors. This well-maintained building features Each unit with 3 beds, 1 bath, large living room, dining room, Updated kitchens (2023) with granite countertop, New stoves for Unit 3 (2024) Unit 1&2 ( 2026), Remodel Bathrooms (2023), New Refrigerators for All units (2023), New Hardwood Floors throughout (2022), Updated Electrical (2019), Three New Gas Hot Water tank (2024), Separate utilities throughout, including three individual gas heating systems, three individual electrical meters, house meter, making ownership and management simple and efficient. Also offers Laundry hook-up for Coin-operated Washer & Dryer in the basement, Fenced yard with gardening area, off street parking and garage. Whether you’re looking to occupy one unit while generating rental income or add a solid multi-family asset to your portfolio, this property offers strong long-term value and excellent investment potential. Your Search is Over. Come on Down. Open House - SAT 09/19/26, 1:00-3:00PM & SUN 09/20/26 2:00-3:30PM
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 MLS and other third-party data may be inaccurate or out of date.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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Public School
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Property History
$739,900
Sep 16, 2026
MLS® 73578688
$1,850
May 17, 2026
MLS® 73464443
$1,850
Jan 1, 2026
MLS® 73464443
Listing Agent: Ola Oladoja
Listing Office: Citipoint Realty Services, LLC
MLS® Number: 73578688