251 Bank Street Fall River, MA 02720
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBristol
- Taxes$8,906
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID Number73230811
- Home Size Source Public Records
- Year Built1836
- Lot Size0.11 Acres
- Full Baths5
- Partial Baths1
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General Features
- Construction Frame
- Parking Spaces 4
- Sewer Public Sewer
- Basement FullPartially FinishedWalk- Out Access
- Number of Stories 10
- Acreage 0.11
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Stone
- Zoning A-3
- Buyer Agent Compensation 2
- Facilitator Compensation 1
- Compensation Based On Net Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
Interior Features
- Flooring Vinyl
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Shingle
- Spa No
- Waterfront Property No
- Lot Corner Lot
- Lot Features Corner Lot
Community Features
- Community Features Public TransportationShoppingMedical FacilityLaundromatHighway AccessPublic SchoolT- StationT-Station
- Senior Community No
- Adult Care Community No