Off Market

251 Bank St, Fall River, MA

Fall River · MA 02720

$699,900
Price
7
Beds
5.5
Baths
5421
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1836
Units: 4 Units
Lot size: 4,591 Sq.Ft Lot
Price per square foot: $129 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Discover an extraordinary investment opportunity nestled in the heart of Fall River. This prime 7-unit Mixed-Use building presents a chance to generate well over $7000 in monthly income. The property offers versatile spaces, with the main level adaptable as either an smaller office with a 3-bedroom apartment, or a large office. The second level features a studio apartment and two 1-bedroom apartments, while the walk-up attic holds potential for further expansion. Additionally, the lower level houses an office and a 2-bedroom apartment, with off street parking available for approx 6 cars. Numerous recent updates, including a new heating system, interior paint, and renovations to select units with new kitchens, bathrooms, and flooring. Conveniently situated within walking distance of city amenities and just minutes from the new commuter rail, residents enjoy seamless access to nearby cities.

Neighborhood & Transit

251 Bank St, Fall River · MA 02720

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:
966 days
Listing Price:
$699,900
Price per Sq.Ft:
$129
Tax Assessment:
$308,300 in 2022
Taxes:
$662 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
5
Half Bathrooms
1
Living Area
5,421 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5421
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
4,591 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 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
Talib Hussain
Listing office
Keller Williams Elite
MLS PIN #
73211406
Disclosure
Right of way approx 6 feet to side of building (Rock St side).