Skip To Content

251 Bank St

Fall River, MA 02720
  • $699,900
  • STATUS: Active
  • MLS #: 73211406
$699,900
  • 7
    BEDS
  • 0.11
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 5,421
    SQFT
  • $129
    $/SQFT
Type:
Multi-Family
Built:
1836
County:

School Ratings & Info

Listing courtesy of Talib Hussain of Keller Williams Elite.

Description

Discover an extraordinary investment opportunity nestled in the heart of Fall River. This prime 7-unit Mixed-Use building presents a chance to generate well over $7000 in monthly income. The property offers versatile spaces, with the main level adaptable as either an smaller office with a 3-bedroom apartment, or a large office. The second level features a studio apartment and two 1-bedroom apartments, while the walk-up attic holds potential for further expansion. Additionally, the lower level houses an office and a 2-bedroom apartment, with off street parking available for approx 6 cars. Numerous recent updates, including a new heating system, interior paint, and renovations to select units with new kitchens, bathrooms, and flooring. Conveniently situated within walking distance of city amenities and just minutes from the new commuter rail, residents enjoy seamless access to nearby cities.

Monthly Payment Calculator



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. Data last updated 2024-04-04T00:06:27.963.
www.teamrosoremax.com/homes/148513049
Print Image

251 Bank St Fall River, MA 02720

  • Price: $699,900
  • Status: Active
  • On Site: Days
  • MLS #: 73211406
7
Beds
5
Baths
1
½ Baths
0.11
Acres
5,421
SQFT
$129
$/SQFT
1836
Built
County:
Bristol
Property Description
Discover an extraordinary investment opportunity nestled in the heart of Fall River. This prime 7-unit Mixed-Use building presents a chance to generate well over $7000 in monthly income. The property offers versatile spaces, with the main level adaptable as either an smaller office with a 3-bedroom apartment, or a large office. The second level features a studio apartment and two 1-bedroom apartments, while the walk-up attic holds potential for further expansion. Additionally, the lower level houses an office and a 2-bedroom apartment, with off street parking available for approx 6 cars. Numerous recent updates, including a new heating system, interior paint, and renovations to select units with new kitchens, bathrooms, and flooring. Conveniently situated within walking distance of city amenities and just minutes from the new commuter rail, residents enjoy seamless access to nearby cities.
Exterior Features

Construction Materials Frame Covered Spaces 0 Garage YN No Lot Features Corner Lot Parking Features Off Street Parking Total 4 Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Basement FullPartially FinishedWalk-Out Access Building Area Total 5421 Fireplace YN No Fireplaces Total 0 Flooring Vinyl Foundation Details Stone Lead Paint Unknown Rooms Total 17

Property Features

Buyer Agency Compensation 2 Community Features Public TransportationShoppingMedical FacilityLaundromatHighway AccessPublic SchoolT-Station Disclosures Right of way approx 6 feet to side of building (Rock St side). Gross Income 84000 Home Warranty YN No Net Operating Income 84000 Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 7941.8 Tax Year 2022 Total Actual Rent 3800 Transaction Broker Compensation 1 Utilities for Gas Range Water Source Public Year Built Details Actual Zoning A-3

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Talib Hussain of Keller Williams Elite: 508-695-4545.


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. Data last updated 2024-04-04T00:06:27.963.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73211406_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73211406_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73211406_2.jpg
Logo
Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Talib Hussain of Keller Williams Elite.