$ 2,600,000
270-289 Bank St Fall River, MA 02720
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$ 2,600,000
Est. payment | /mo
12,879 SqFt
$ 2,600,000
Est. payment | /mo
12,879 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,879 sqft
Price per Sqft $201
MLS Listing ID 73311783
HOA Y/N false
Year Built 1920
Annual Tax Amount $19,511
Tax Year 2024
Lot Size 0.540 Acres
Acres 0.54
Property Description
MULTI-FAMILY PORTFOLIO: Exceptional investment opportunity in Fall River’s Opportunity Zone, featuring three multi-family buildings and one improved lot, ideal for flexible residential or commercial use. This portfolio includes: • 270 BANK ST: Configured with five efficiencies, three studios, two 1BR, one 2BR, and an unfinished third floor potential for an additional 2BR. Includes office space, a 4-car garage, and approx. 10 off-street parking spots. • 275 BANK ST: Four 1BR units with an unfinished third floor, ready for expansion. • 289 BANK ST: 4-8 unit mixed-use with new siding, windows, roofing, stonework, and a gutted interior for custom finishing. • 284 BANK ST: 0.16 acre lot with potential for new development. Located in the Lower Highlands, near downtown, the waterfront, Ruggles Park, Fall River Train Station (2025), this portfolio offers high growth potential in a thriving, well-connected area. Ideal for investors seeking versatile and income-generating assets. 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 Shingle
Total Parking Spaces 15
Others
Senior Community false
Listed by Berkshire Hathaway HomeServices Robert Paul Properties
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449