Off Market

248-250 Jefferson St, Fall River, MA

Fall River · MA 02721

$694,999
Price
6
Beds
2.5
Baths
4266
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 3,306 Sq.Ft Lot
Price per square foot: $163 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Back on the market due to buyer financing?don?t miss this great investment opportunity in the heart of Fall River! This well-maintained mixed-use property features a street-level commercial space with two spacious residential units above. Each unit offers three generously sized bedrooms, a large living room, formal dining room, and an updated kitchen with granite countertops. Hardwood floors add warmth and classic charm throughout the living areas. Recent improvements include a new electrical panel, new hot water heaters for the first and third units, and a new furnace. Conveniently located less than half a mile from the highway and within walking distance to shops, restaurants, and public transportation. Situated in a vibrant historic city along the Taunton River and close to the Atlantic Ocean, with Newport, RI just a short drive away. Off-street parking for five vehicles?a rare city find. Excellent opportunity for investors or owner-occupants.

Neighborhood & Transit

248-250 Jefferson St, Fall River · MA 02721

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
294 days
Listing Price:
$694,999
Price per Sq.Ft:
$163
Tax Assessment:
$617,400 in 2025
Taxes:
$589 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Living Area
4,266 Sq.Ft
Broker Disclosure about Living Area
Commercial space is at street level then 2 units above the shop are residential rentals.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4266
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
3,306 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jennifer Eaton
Listing office
ALANTE Real Estate
MLS PIN #
73416610
Disclosure
The commercial space is vacant. Unit 3 will be vacated. Gas available for gas range.Seller intends to complete a tax-deferred exchange under Section 1031 of the Internal Revenue Code. Buyer agrees to cooperate with Seller in facilitating said exchange, at no cost or liability to the buyer
Disclosure
Commercial space is at street level then 2 units above the shop are residential rentals.