$975,000
270 Bank St
Fall River, MA, 02720
Welcome to 270 Bank Street, a versatile 4758 SF multi-family property in the heart of Fall River, offering a mix of residential and commercial potential. Currently configured with five efficiency apartments, three studio apartments, two 1-bedroom units, and one 2-bedroom unit, this property generates rental income with apartments leasing between $1,100 and $1,500 per month. The 3rd floor features unfinished space, possible for adding an additional 2-bedroom apartment to increase revenue potential. Additional amenities include ground-level office space, a large 4+ car garage, approximately 10 off-street parking spaces, a rare finds in this area. Positioned in Lower Highlands, near downtown, the waterfront, and the upcoming Fall River Train Station (scheduled to open in 2025), this property is set within an Opportunity Zone, offering potential tax incentives and high growth potential. Don’t miss this chance to invest in a high-demand, income-generating property. Sold As-Is.
Property Details
Price:
$975,000
MLS #:
73311779
Status:
Active
Beds:
0
Baths:
0
Address:
270 Bank St
Type:
Commercial
City:
Fall River
Listed Date:
Nov 12, 2024
State:
MA
Finished Sq Ft:
4,758
Total Sq Ft:
4,758
ZIP:
02720
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1850
Schools
Interior
Exterior
Parking Spots
10
Roof
Asphalt/ Composition Shingles
Financial
Tax Year
2024
Taxes
$5,083
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…
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Map
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Courtesy of Berkshire Hathaway HomeServices Robert Paul Properties. 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
270 Bank St
Fall River, MA
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