248 Jefferson St Fall River MA 02721 MLS #73416610

248 Jefferson St
Fall River, MA, 02721
$699,999
6 Beds
2.5 Baths
4,266 SqFt
0.08 Acres
$699,999
248 Jefferson St
Fall River, MA, 02721
Fantastic mixed-use investment opportunity in the heart of Fall River! This well-maintained property features a popular bagel shop at street level and two spacious residential units above. Each unit offers 3 generously sized bedrooms, a large living room, formal dining room, and a beautifully updated kitchen with granite countertops. Hardwood floors run throughout the living areas, adding warmth and charm. Located less than half a mile from the highway, and within walking distance to shops, restaurants, and public transportation. Fall River is a historic and cultural city nestled along the Taunton River and close to the Atlantic Ocean, with Newport, RI just a short drive away. The property also offers off-street parking for 5 cars—a rare find in the city. Great opportunity for both owner-occupants and investors alike!

Property Details

Price:
$699,999
MLS #:
73416610
Status:
Active
Beds:
6
Baths:
2.5
Address:
248 Jefferson St
Type:
Multi Family
City:
Fall River
Listed Date:
Aug 12, 2025
State:
MA
Finished Sq Ft:
4,266
Total Sq Ft:
4,266
ZIP:
02721
Lot Size:
3,306 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Refrigerator, Freezer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Ductless, None
Flooring
Tile, Vinyl, Hardwood, Stone/ Ceramic Tile
Heating
Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$63,840
Tax Year
2025
Taxes
$7,069
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby

248 Jefferson St
Fall River, MA