Off Market
248-250 Jefferson St, Fall River, MA
Fall River · MA 02721
- $689,999
- 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:
$162 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
Don’t miss this exceptional mixed-use investment opportunity in the heart of Fall River! This well-maintained property features a street-level commercial space with a long-term lease in place, plus two spacious residential units above. Unit 3 can be delivered vacant, offering flexibility for an owner-occupant or added leasing potential. Each residential unit includes 3 generously sized bedrooms, a large living room, formal dining room, and an updated kitchen with granite countertops. HW floors add warmth and charm throughout. Recent improvements include a new electrical panel, new hot water heaters for the 1st and 3rd 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 near the Taunton River and a short drive to the ocean and Newport. Off-street parking for 5 vehicles—a rare city find. Ideal for investors or owner-occupants seeking flexibility and long-term value.
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:
- 264 days
- Listing Price:
- $689,999
- Price per Sq.Ft:
- $162
- 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 #
- 73476887
- Disclosure
- The commercial space and unit 2 are vacant. 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.
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