Address
251 Bank Street, Fall River, MA
Price
$ 669,000
Property Attributes
- MLS#73230814
- TypeCommercial
- CountyBRISTOL
- CityFall River
- Zip02720
- Style5+ Residential
- Year Built1836
- Taxes$ 8906
- Price$ 669,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4,792 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Explore an exceptional investment opportunity in the vibrant heart of Fall River. This prime mixed-use property features SEVEN units, presenting a potential monthly income exceeding $7,000. The building offers versatile spaces tailored for various uses. The ground floor can function as a compact office alongside a spacious 3-bedroom apartment, or be configured into a larger office setting. The second floor houses a studio apartment and two 1-bedroom apartments. The lower level includes an office and a 2-bedroom apartment, complemented by off-street parking for approx six cars. The walk-up attic offers potential for future development. This property has undergone several recent updates, new heating system, fresh interior paint, a couple units updated with new kitchens, bathrooms, and flooring. Strategically located within walking distance of local amenities and just minutes from upcoming commuter rail station, this property ensures residents quick and easy access to neighboring cities.
| Price History | |
|---|---|
| 5/1/2024 | Listed $669,000 |
General Features
| Utilities | Public Water,Private Sewer |
|---|---|
| Roof | Asphalt/Composition Shingles |
| Zoning | N/A |
| Year Built | 1836 |
| Tax Year | 2024 |
| Gross Income | 84000 |
| Business Type | 5+ Residential |
| County | Bristol |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Use GPS |
| City | Fall River |
| Disclosures | Right of way approx 6 feet to side of building (Rock St side). Seller has never occupied the property. |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| Lot Size Square Feet | 4591 |
| Waterfront Y/N | No |
| Street Name | Bank Street |
| Tax Annual Amount | 8906 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Lease Type | Other (See Remarks) |
| Standard Status | Active |
Exterior Features
| Total Parking | 4 |
|---|---|
| Lot Size Area | 0.11 |
| Lot Size Acres | 0.11 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 02720
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
