MA > Fall River
Fall River, MA 02720,270 Bank St
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Fall River, MA 02720,270 Bank St
Fall River, MA 02720,270 Bank St
Fall River, MA 02720,270 Bank St
Fall River, MA 02720,270 Bank St
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 975,000
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270 Bank St Fall River, MA 02720

4,758 SqFt

UPDATED:

11/12/2024 06:03 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,758 sqft

Price per Sqft $204

MLS Listing ID 73311779

HOA Y/N false

Year Built 1850

Annual Tax Amount $5,083

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Description

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.

Location

State MA

County Bristol

Zoning A-3

Direction North Main Street to Bank Street. Bank Street between Rock Street and High Street.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Waterfront false

Roof Type Asphalt/Composition Shingles

Total Parking Spaces 10

Others

Senior Community false

Listed by Berkshire Hathaway HomeServices Robert Paul Properties

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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270 Bank St

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