Active
270 Bank St
Fall River MA, 02720
$975,000
$204.92 per sqft
Active
4,758 sqft
Commercial
Built in 1850
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.
73311779
MLSⓇ ID
November 12, 2024
Listed
November 16, 2024
Updated
Map
270 Bank St
Fall River MA, 02720
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.2 Acres
Roof
Asphalt/Composition Shingles
Other Property Details
Taxes
$5,083
Tax Frequency
Annually
Garage
No
Parking Total
10
View
No
County
Bristol
Pool
No
Zoning
A-3
Courtesy of Erin Hovan, Berkshire Hathaway HomeServices Robert Paul Properties
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Data last updated 8:29 AM UTC, 11/16/2024
