Margaret Kane
251 Bank Street, Fall River, MA, 02720
17 rooms
7 beds
5 Full / 1 Half baths
1836
5,421 sqft
Explore an exceptional investment opportunity in the vibrant heart of Fall River. This prime mixed-use property features SEVEN units, presenting a potential monthly income exceeding $7,000. The building offers versatile spaces tailored for various uses. The ground floor can function as a compact office alongside a spacious 3-bedroom apartment, or be configured into a larger office setting. The second floor houses a studio apartment and two 1-bedroom apartments. The lower level includes an office and a 2-bedroom apartment, complemented by off-street parking for approx six cars. The walk-up attic offers potential for future development. This property has undergone several recent updates, new heating system, fresh interior paint, a couple units updated with new kitchens, bathrooms, and flooring. Strategically located within walking distance of local amenities and just minutes from upcoming commuter rail station, this property ensures residents quick and easy access to neighboring cities.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
A-3
Basement:
Full, Partially Finished, Walk-Out Access
Levels:
10
Parking:
4-car
Acreage:
0.11
Est. Taxes:
$8,906
Assessment
$308,300
Construction
Frame
Utilities
for Gas Range
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, T-Station
MLS #:
73230811
Buyer Agent Compensation:
2
Facilitator Compensation:
1
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Talib Hussain, Keller Williams Elite Phone: 508-695-4545