Active
275 Bank St
Fall River MA, 02720
$765,000
$232.38 per sqft
Active
3,292 sqft
Commercial
Built in 1900
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.
73311780
MLSⓇ ID
November 12, 2024
Listed
November 16, 2024
Updated
Map
275 Bank St
Fall River MA, 02720
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
Roof
Asphalt/Composition Shingles
Other Property Details
Taxes
$5,083
Tax Frequency
Annually
Garage
No
Parking Total
4
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
