$765,000
275 Bank St
Fall River, MA, 02720
Welcome to 275 Bank Street, a fully renovated 3292 SF multi-family property in a prime Fall River location within an Opportunity Zone. Currently configured as a four-family with four one-bedroom units, this property offers steady rental income ($1,100 to $1,500/month) with potential for conversion to a five-family by adding a fire escape to the third floor. Features include 98% efficient gas boilers with on-demand hot water, hardwood and ceramic flooring, stainless steel appliances, walk-in closets, a circular stairwell, and large custom windows. Additional unfinished space on the third floor offers room to expand and increase revenue. Private lighted parking and a spacious deck add appeal. Located in the Lower Highlands, near downtown, the waterfront, and the new Fall River Train Station set to open in 2025, this property is well-positioned to benefit from the city’s revitalization. Don’t miss this exceptional investment opportunity in a high-demand area. Sold As-Is.
Property Details
Price:
$765,000
MLS #:
73311780
Status:
Active
Beds:
0
Baths:
0
Address:
275 Bank St
Type:
Commercial
City:
Fall River
Listed Date:
Nov 12, 2024
State:
MA
Finished Sq Ft:
3,292
Total Sq Ft:
3,292
ZIP:
02720
Lot Size:
4,077 sqft / 0.09 acres (approx)
Year Built:
1900
Schools
Interior
Exterior
Parking Spots
4
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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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.
275 Bank St
Fall River, MA
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